Around The Web

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

We leave 2022 with a new policy clarity and momentum in the shift to renewables. The vital role of energy firming – including from batteries on wheels – is the next frontier.

The post The new year will be all about grid firming as Australia rejoins race to renewables appeared first on RenewEconomy.

The New Zealand government has detailed how it would price agriculture emissions, making further concessions to the primary sector as it attempts to balance what is practical to implement, politically palatable, and effective in cutting pollution.

The rooftop solar market has rebounded, and taken a bigger bite out of the coal market. But does it need to be controlled by such a big hammer?

The post Solar Insiders Podcast: Little solar’s very big year appeared first on RenewEconomy.

A study commissioned by a European Parliament committee has found that financials probably haven’t had much impact in influencing price dynamics and volatility in the EU carbon market, though the authors echoed calls for ongoing monitoring and better trading data quality and availability.

New data shows the EU installed 41.4GW of new solar capacity in 2022, up 47% from the 28.1GW installed in 2021.

The post Solar capacity soars in EU as PV offers lifeline from energy crisis appeared first on RenewEconomy.

The latest in a series of solar projects with 5MW of PV and two-hours of battery storage has been commissioned in Murray Bridge in South Australia.

The post Small but nimble solar and battery projects continue roll out in South Australia appeared first on RenewEconomy.

Rooftop solar has caused record lows for every mainland state in the last two months as it eats into the coal and gas markets.

The post Rooftop solar is eating coal and gas markets in every mainland state appeared first on RenewEconomy.

Asset managers to buy 49% stake in Australia's largest wind farm from global turbine giant Goldwind.

The post Australian fund managers snap up 49 pct stake in Australia’s biggest wind farm appeared first on RenewEconomy.

Federal Labor and NSW Coalition join forces to fund eight critical electricity transmission and REZ projects, including new lines to "plug Snowy 2.0 into the grid."

The post NSW and federal Labor tip another $7.8bn to plug in Snowy 2.0 and boost renewables appeared first on RenewEconomy.

Origin gives bidders Brookfield and EIG more time as they weigh the implications of the federal government’s move to control domestic gas prices.

The post Origin gives Brookfield and EIG more time to consider $18bn bid and gas price cap appeared first on RenewEconomy.

An affiliate of a US-based investment firm with more than a trillion dollars of assets under management has launched a fund focused on carbon credits, expanding upon its environmental commodity market offerings, according a US Securities and Exchange Commission (SEC) filing.

The Washington State Department of Ecology (ECY) will make available fewer than 10% of the state's 2023 GHG cap at the jurisdiction's first ever cap-and-invest sale in February, according to an official notice published Tuesday.

The need to incentivise demand to invest in biodiversity as a tradeable commodity versus the value of high-quality, diverse ecosystem supply in the evolving biodiversity credit market architecture is creating challenges for market proponents.

Gasoline sales in California for September fell from last month's annual high, while diesel consumption jumped to its highest point since June, according to state data released Tuesday.

There is going to be a large step up in demand for wind, solar, and EV batteries over the next decade. But trade barriers emerge as a problem.

The post The five big energy events of 2022, and what they mean for wind, solar, EVs and batteries appeared first on RenewEconomy.

Competition between spinning machines and grid forming batteries to replace retiring coal generators will be one of the landmark themes of the switch to renewables.

The post Spinning machines versus grid forming inverters: The search for control in 100 pct renewables appeared first on RenewEconomy.

Power generators regulated under Massachusetts’ Global Warming Solutions Act (GWSA) carbon market purchased allowances at the December current and advance auction at lower prices than the record-setting sales this fall, according to results published Tuesday.

The British Columbia government on Tuesday announced it has completed amendments to tighten the carbon intensity (CI) targets of the province’s Low Carbon Fuel Standard (LCFS), making them the most stringent in North America for 2030, while also tripling the non-compliance penalty under the transportation sector programme.

A northern Wisconsin county recently won approval to enter into a contract to generate voluntary carbon credits from over several hundred thousand acres of forestland, with a local representative overseeing the project casting aside doubts he had about its environmental integrity.