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Spanish energy giant Iberdrola says it plans to spend up to $4.4 billion on Australia renewable and storage developments.

The post Spanish energy giant Iberdrola to invest $A4.4 billion in Australian energy transition appeared first on RenewEconomy.

Four wind farms in South Australia lead country to record monthly wind output in August.

The post South Australia wind farms lift Australia to record monthly output in August appeared first on RenewEconomy.

Measures unlikely to include incentives for people to install devices, which cut bills and emissions

Heat pumps need to be at the heart of any new energy strategy, to keep Britain’s homes warm and reduce greenhouse gas emissions, but so far there is little sign of the policy measures needed, one of the UK’s leading heating experts has warned.

Liz Truss, who was officially installed as prime minister on Tuesday, has pledged help for households with the cost of living crisis with details to be announced in full this week. Measures are likely to include a cap on energy prices and increased gas production.

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Exclusive: 29 MPs and peers urge new PM to recommit to target after her campaign promised to expand oil and gas production

Liz Truss must hold to the legally binding target to reach net zero greenhouse gas emissions by 2050, parliamentarians from all of the UK’s major parties have urged in a letter to the incoming prime minister.

Truss has pledged to keep the target, but her campaign promises to expand oil and gas production in the North Sea, voices support for fracking, and her opposition to onshore wind and solar farms have led to fears that she could renege on actions needed to meet the target.

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MP who advocated for syphoning “every last cubic inch of gas” from the North Sea, the resumption of fracking, and the rejection of wind farms, to lead UK on energy and climate.

The post “Act of climate vandalism” as new PM names Rees-Mogg as UK energy minister appeared first on RenewEconomy.

St Baker Energy Innovation Fund joins $23m fundraising for company behind "world’s most efficient" electric vertical take-off and landing technology.

The post St Baker tips millions into Australian electric aircraft technology appeared first on RenewEconomy.

Australia's green hydrogen hopefuls are tired of feasibility studies, and want support for a large scale project to show path to global dominance.

The post Green hydrogen industry is sick of feasibility studies, wants backing for showcase projects appeared first on RenewEconomy.

Japan plans to introduce a price ceiling and floor in its voluntary emissions trading market to avoid price shocks, while companies seeking to earn credits in the scheme must set ambitious, government-certified targets.

A daily summary of our news plus bite-sized updates from around the world.

The National Construction Code has no minimum ventilation requirements for schools, aged care institutions, pubs, restaurants and health-care facilities. Geoff Hanmer, Adjunct professor of architecture, University of Adelaide Licensed as Creative Commons – attribution, no derivatives.

Strong winter sun helps Queensland solar farms dominate list of best performing large scale solar PV assets in August.

The post Sunshine state dominates winter performance tables for solar PV appeared first on RenewEconomy.

New Zealand’s quarterly carbon auction held on Wednesday cleared below the secondary market price as bid levels and participation were lower than expected.

Subsidies serve an important function, but it makes absolutely no economic sense to subsidise things a government is, or should be, trying to discourage.

The post Paying billions in subsidies to fossil fuel industry makes absolutely no economic sense appeared first on RenewEconomy.

German economy and climate minister says tweak to nuclear exit law will only entail a limited extension until spring next year, due to the technology's risks.

The post German government proposes limited extension of “high risk” nuclear appeared first on RenewEconomy.

The wild apes drum messages to one another on tree roots in the rainforest, researchers find.

A nascent, Berlin-headquartered carbon trading platform has raised a further €4.2 million in fresh funding.

Traders largely believe the September RGGI auction will break a streak of six straight record settlements, given steady secondary market purchases from compliance entities, global market weakness, and clarity on Virginia’s planned exit from the programme as factors that could influence the clearing price.

The Mexican Emissions Trading Scheme will kick off next year by freely distributing all allowances before reducing this over time, while the government still needs to determine the programme’s auction mechanism and offset protocols, a conference heard Tuesday.

Fossil fuel subsidies from major economies nearly doubled in 2021, reaching almost US$700 billion. Here’s how Australia stacks up. Richard Denniss, Adjunct Professor, Crawford School of Public Policy, Australian National University Licensed as Creative Commons – attribution, no derivatives.

Liz Truss officially became British prime minister after meeting with the nation's Queen on Tuesday, going on to deliver her first speech in the new role that pointed to a policy package to be released later in the week to address spiralling energy bills.