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News and analysis for the clean energy economy
Updated: 2 hours 57 min ago

How the consumer energy sharing economy can help Eraring close on time

Thu, 2023-09-07 14:08

Consumer-owned resources like rooftop solar and battery storage have a key role to play in ushering out coal-fired power. Origin gets this better than most.

The post How the consumer energy sharing economy can help Eraring close on time appeared first on RenewEconomy.

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“Moving beyond baseload:” NSW turns to consumers and local storage to fill Eraring gap

Thu, 2023-09-07 12:41

NSW announces $1.8 billion, including a new focus on consumer energy resources, such as neighbourhood batteries, in its Energy Security Corp.

The post “Moving beyond baseload:” NSW turns to consumers and local storage to fill Eraring gap appeared first on RenewEconomy.

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Long or short on energy storage? A deep dive into price signals for duration

Thu, 2023-09-07 12:03

 Supplied).There are very sharp diminishing returns for longer duration storage under current market arrangements, which makes it difficult for private investors.

The post Long or short on energy storage? A deep dive into price signals for duration appeared first on RenewEconomy.

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What imperils the Great Barrier Reef? If you ask Murdoch media, it’s a solar farm 70km away

Thu, 2023-09-07 11:54

NewEnglandSolarFarm23_5A solar farm proposed for central Queensland's Calliope renewable energy zone has found itself the subject of some bizarre news reports this week.

The post What imperils the Great Barrier Reef? If you ask Murdoch media, it’s a solar farm 70km away appeared first on RenewEconomy.

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Sun Cable: Cannon-Brookes lays out new vision for world’s biggest solar array

Thu, 2023-09-07 11:29

sun cable 5b solar northern territory optimisedCannon-Brookes takes control of Sun Cable, and lays out new vision for 20GW solar project, including supply to Singapore and massive green industrial precinct in Darwin.

The post Sun Cable: Cannon-Brookes lays out new vision for world’s biggest solar array appeared first on RenewEconomy.

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New solar installations to hit nearly 400GW this year as module prices hit new lows

Wed, 2023-09-06 20:36

New solar installations around the globe are expected to reach nearly 400 gigawatts (GW) in 2023, driven by China and record low prices for solar modules.

The post New solar installations to hit nearly 400GW this year as module prices hit new lows appeared first on RenewEconomy.

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Million-tonne renewable methanol plan wins $500k in state backing

Wed, 2023-09-06 15:30

 Alcoa Australia).Victorian government kicks in $500,000 for feasibility study into developing a renewable methanol facility in Portland with huge production goals.

The post Million-tonne renewable methanol plan wins $500k in state backing appeared first on RenewEconomy.

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Snowy 2.0 documents suggest the $12 billion project’s boring troubles are far from over

Wed, 2023-09-06 15:24

A planning application to fix Snowy 2.0 sinkhole and un-pause Florence offers insight into how the boring machine got stuck – and why more troubles could lie ahead.

The post Snowy 2.0 documents suggest the $12 billion project’s boring troubles are far from over appeared first on RenewEconomy.

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About time: NSW hailed for finally hiking coal royalties to raise $2.7bn

Wed, 2023-09-06 15:10

NSW becomes the latest state in Australia to lift coal royalties, with minimal public pushback, and calls to push for more.

The post About time: NSW hailed for finally hiking coal royalties to raise $2.7bn appeared first on RenewEconomy.

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Energy Insiders Podcast: Coal-keeper or Green-keeper?

Wed, 2023-09-06 14:55

Energy Insiders podcastNSW energy minister Penny Sharpe discusses Eraring closure, fast tracking renewables and consumer equity: Plus, Marinus blow out and Queensland green hydrogen plans.

The post Energy Insiders Podcast: Coal-keeper or Green-keeper? appeared first on RenewEconomy.

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Eraring is more about bill shock and equity than lights going out: Batteries and Bowen can help

Wed, 2023-09-06 14:55

The controversy over Eraring is not really about the lights going out, but about bill shock and equity. How NSW manages this is key to the success of the switch out of coal.

The post Eraring is more about bill shock and equity than lights going out: Batteries and Bowen can help appeared first on RenewEconomy.

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“Remarkable:” Australian wave energy pioneer wins major tender to build first unit in Spain

Wed, 2023-09-06 14:31

Carnegie Clean Energy has won a competitive tender to deploy its "born in Australia" wave power technology in waters off the coast of Spain.

The post “Remarkable:” Australian wave energy pioneer wins major tender to build first unit in Spain appeared first on RenewEconomy.

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Marinus Link is a boondoggle – cutting it in half won’t change that

Wed, 2023-09-06 14:11

Even cut in half, Marinus will be a dead-weight, facilitating a trade in which Tasmania has no competitive advantage. Here's why.

The post Marinus Link is a boondoggle – cutting it in half won’t change that appeared first on RenewEconomy.

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Australia’s “biggest” green hydrogen project inches closer to reality with design contract

Wed, 2023-09-06 12:48

Huge green hydrogen project in central Queensland commissions design work, with a final investment decision expected next year and first production by 2028.

The post Australia’s “biggest” green hydrogen project inches closer to reality with design contract appeared first on RenewEconomy.

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Marinus secures cable deal as full costs of sub-sea link revealed

Wed, 2023-09-06 09:49

Marinus signs deal for cable supply in downsized sub-sea link, as Tasmania reveals the blown out cost estimate of the full project.

The post Marinus secures cable deal as full costs of sub-sea link revealed appeared first on RenewEconomy.

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For the cost of Snowy 2.0, Australia could have 12GW of Tesla Megapack batteries

Wed, 2023-09-06 09:31

tesla megapack battery bouldercombeSnowy Hydro railed against battery storage when it sought to justify its vanity Snowy 2.0 scheme. But with 12,000 Tesla Megapacks we wouldn't be arguing about the closure of Eraring.

The post For the cost of Snowy 2.0, Australia could have 12GW of Tesla Megapack batteries appeared first on RenewEconomy.

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Connection deal signed for first 300MWh battery in massive solar and storage hub

Tue, 2023-09-05 22:42

Connection agreement gained for 300MWh battery, the first of a series of solar and battery projects in a massive renewable hub in South Australia.

The post Connection deal signed for first 300MWh battery in massive solar and storage hub appeared first on RenewEconomy.

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Controversial wind farm in far north Queensland cut in half, gets new name

Tue, 2023-09-05 14:56

Dogged by controversy and a targeted anti-wind campaign, Ark Energy gives the Chalumbin wind farm a new name and cuts its size in half.

The post Controversial wind farm in far north Queensland cut in half, gets new name appeared first on RenewEconomy.

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Octopus attracts super new investor to back moves into big solar and storage

Tue, 2023-09-05 13:42

Vestas wind turbines and RES dulacca wind farm qldOctopus Australia bolsters its renewable energy coffers with the close of a $250 million investment round, backed by one of Australia’s biggest super funds.

The post Octopus attracts super new investor to back moves into big solar and storage appeared first on RenewEconomy.

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Sunshine state shows its wind power promise after charting best month ever

Tue, 2023-09-05 13:40

Kennedy Energy Park wind turbine construction 2 - optimisedQueensland notches up its best month for wind energy generation – and with a 1.7GW development pipeline, there's plenty more where that came from.

The post Sunshine state shows its wind power promise after charting best month ever appeared first on RenewEconomy.

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