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News and analysis for the clean energy economy
Updated: 2 hours 19 sec ago

If Australia is serious about climate, it must get serious about coal mine emissions

Thu, 2023-11-16 12:01

Fugitive emissions that leak from the ground during the extraction of coal and gas represent 11% of Australia’s reported greenhouse gas emissions. So why are they being ignored?

The post If Australia is serious about climate, it must get serious about coal mine emissions appeared first on RenewEconomy.

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Australia’s biggest coal grid is running short of spinning machines

Thu, 2023-11-16 10:16

Market operator has to put out call for more synchronous generation as the number of coal units operating fell to record lows. More grid forming battery inverters might be needed.

The post Australia’s biggest coal grid is running short of spinning machines appeared first on RenewEconomy.

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SEC bill faces tough opposition in Victorian parliament

Wed, 2023-11-15 14:45

A move to enshrine the revived State Electricity Commission in the Victorian constitution is doomed to fail, with upper house crossbenchers queuing up to kill it.

The post SEC bill faces tough opposition in Victorian parliament appeared first on RenewEconomy.

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Siemens snags massive government bailout amid deepening wind turbine woes

Wed, 2023-11-15 14:13

siemens gamesa 14MW turbineGerman government agrees to backstop energy giant Siemens to tune of €7.5 billion to help the company overcome ongoing turmoil in its wind division.

The post Siemens snags massive government bailout amid deepening wind turbine woes appeared first on RenewEconomy.

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“Farcical:” Wind industry in shock as draft NSW guidelines say no to new wind projects

Wed, 2023-11-15 14:10

rye-park-wind-turbine-1536x1091.jpgUpdated: Wind industry in shock over draft NSW planning guidelines, which could kill new projects - even in renewable energy zones. Talks are being sought with the state Labor government.

The post “Farcical:” Wind industry in shock as draft NSW guidelines say no to new wind projects appeared first on RenewEconomy.

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Origin: Can the gentailer commit to 100% green when the Brookfield bid fails?

Wed, 2023-11-15 13:58

Origin Energy could move quicker on the renewable transition than Brookfield, but its management has shown no interest in doing so.

The post Origin: Can the gentailer commit to 100% green when the Brookfield bid fails? appeared first on RenewEconomy.

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New “mega scale” green hub planned for Northern Territory by Korea giant

Wed, 2023-11-15 13:53

 5BNorthern Territory unveils another "mega-scale" renewable project featuring wind, solar, hydrogen and battery storage with South Korea industrial giant.

The post New “mega scale” green hub planned for Northern Territory by Korea giant appeared first on RenewEconomy.

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New blow to fossil gas as regulator shifts death spiral risk to new connections

Wed, 2023-11-15 13:52

Households in Victoria could soon be required to pay up front for a new connection to the gas network to defray cost of stranded assets for other users.

The post New blow to fossil gas as regulator shifts death spiral risk to new connections appeared first on RenewEconomy.

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Australia at back of the pack on methane as China announces action plan

Wed, 2023-11-15 13:45

cropped-gas-flare-fracking-victoria-moratorium-2-optimised.jpgChina has joined the growing list of countries committing to methane action plans, leaving Australia well behind in the global race to tackle these super-polluting emissions.

The post Australia at back of the pack on methane as China announces action plan appeared first on RenewEconomy.

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The super fund giant and advisory firm blocking Australia’s renewable energy transition

Wed, 2023-11-15 09:08

Brookfield's bid for Origin is good for Australia. But Australia's biggest super fund is signalling that fundamental value is less important than just stopping the bid.

The post The super fund giant and advisory firm blocking Australia’s renewable energy transition appeared first on RenewEconomy.

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AEMO prepares for extreme El Nino summer, but at least it has more battery storage

Tue, 2023-11-14 23:01

Hazelwood big battery engie ekuAEMO warns of long hot summer as it seeks more resources in the case of fires, storms and heat that could cause failures in generation and transmission. But it has a lot more big batteries.

The post AEMO prepares for extreme El Nino summer, but at least it has more battery storage appeared first on RenewEconomy.

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Bowen launches $150 million funding round to decarbonise, electrify regional industry

Tue, 2023-11-14 14:31

oz minerals mining site 3 - optimisedFederal Labor launches first funding round to support emissions reduction at industrial facilities, with initial focus on industrial heat and off-road transport.

The post Bowen launches $150 million funding round to decarbonise, electrify regional industry appeared first on RenewEconomy.

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Australia must slash emissions by 68 pct by 2030, quit coal five years later to meet 1.5°C target

Tue, 2023-11-14 14:28

New modelling from Climateworks shows Australia can stay aligned with the Paris target of limiting warming to 1.5°C, but only if much of the heavy lifting is done by 2030.

The post Australia must slash emissions by 68 pct by 2030, quit coal five years later to meet 1.5°C target appeared first on RenewEconomy.

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NSW blots out nearly entire state for wind projects – few areas deemed “desirable” for turbines

Tue, 2023-11-14 14:14

NSW stuns wind industry by suggesting hardly any sites are deemed "desirable" for large scale wind projects. One of the few areas deemed "suitable" is in anti-wind MP Angus Taylor's electorate.

The post NSW blots out nearly entire state for wind projects – few areas deemed “desirable” for turbines appeared first on RenewEconomy.

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“A true first:” Neoen in landmark deal to create national park next to Goyder renewable zone

Tue, 2023-11-14 13:00

Neoen transfers ownership of World's End Gorge to state government to create new national park adjacent to its massive Goyder South wind, solar and battery project.

The post “A true first:” Neoen in landmark deal to create national park next to Goyder renewable zone appeared first on RenewEconomy.

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China’s emissions set to fall in 2024 after record growth in clean energy

Tue, 2023-11-14 11:50

New analysis shows a fall in China’s CO2 emissions is all but guaranteed in 2024, thanks to a historic expansion of low-carbon energy installations.

The post China’s emissions set to fall in 2024 after record growth in clean energy appeared first on RenewEconomy.

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First massive Haliade X turbine installed at first US offshore wind farm

Tue, 2023-11-14 11:50

Some positive news for the US offshore wind industry as the first of 62 massive 13MW turbines goes up for the Vineyard Wind project off Massachusetts.

The post First massive Haliade X turbine installed at first US offshore wind farm appeared first on RenewEconomy.

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Wind and solar projects face hefty new fees as NSW seeks to accelerate planning process

Tue, 2023-11-14 11:15

sapphire wind farmWind and solar farm developers to face new fees that will deliver more than $400 million of community benefits in bid to fast-track stalled planning approvals.

The post Wind and solar projects face hefty new fees as NSW seeks to accelerate planning process appeared first on RenewEconomy.

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Albanese government takes aim at “carbon leakage” to protect Australian industry

Tue, 2023-11-14 10:30

Federal government opens public consultation on possible policy changes to prevent the risk of carbon leakage, including a potential carbon border tariff.

The post Albanese government takes aim at “carbon leakage” to protect Australian industry appeared first on RenewEconomy.

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Woodside boosts investment in molten silicon energy storage hopeful

Mon, 2023-11-13 14:26

Oil and gas major tips more money into Adelaide energy storage minnow 1414 Degrees, increasing its bet on the company's molten silicon industrial heat solution.

The post Woodside boosts investment in molten silicon energy storage hopeful appeared first on RenewEconomy.

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