RenewEconomy

Subscribe to RenewEconomy feed RenewEconomy
News and analysis for the clean energy economy
Updated: 1 hour 55 min ago

“It is terrifying:” July confirmed as planet’s hottest month on record

Fri, 2023-07-28 13:00

July was the planet’s hottest month ever recorded – and may have been the hottest month in 120,000 years.

The post “It is terrifying:” July confirmed as planet’s hottest month on record appeared first on RenewEconomy.

Categories: Around The Web

Shell and Macquarie’s Eku begin early works on big battery in Melbourne

Fri, 2023-07-28 11:59

Shell and Eku Energy kick off early works at the Rangebank big battery to be built on the outskirts of Melbourne.

The post Shell and Macquarie’s Eku begin early works on big battery in Melbourne appeared first on RenewEconomy.

Categories: Around The Web

AEMO to model “extremely rapid” green energy switch, even as transmission costs soar

Fri, 2023-07-28 11:23

AEMO to model "extremely rapid" switch to renewables, but dials down green hydrogen exports. It also releases new "conceptual" transmission map, even as costs rise.

The post AEMO to model “extremely rapid” green energy switch, even as transmission costs soar appeared first on RenewEconomy.

Categories: Around The Web

Energy Insiders Podcast: The path to net zero for industry

Fri, 2023-07-28 11:20

Energy Insiders podcastAnna Skarbek from Cimateworks on why renewables will play central role in getting big industry to net zero. First, the grid. Plus: Big battery boom.

The post Energy Insiders Podcast: The path to net zero for industry appeared first on RenewEconomy.

Categories: Around The Web

Fossil gas ban: Victoria calls time on gas connections for new homes

Fri, 2023-07-28 10:10

gas stove cooktop burnerPlanning permits for new homes will only connect to all-electric networks in 2024, marking a major about face for the state with the highest residential gas use in Australia.

The post Fossil gas ban: Victoria calls time on gas connections for new homes appeared first on RenewEconomy.

Categories: Around The Web

Huge four-hour battery to propel Neoen towards $1.1 billion annual profit

Fri, 2023-07-28 09:40

Neoen says battery earnings are volatile, but the contract locked in for its first four-hour battery will help propel overall earning to more than $1.1 billion in 2025.

The post Huge four-hour battery to propel Neoen towards $1.1 billion annual profit appeared first on RenewEconomy.

Categories: Around The Web

Neoen pockets significant damages for delays to Australia’s biggest solar project

Fri, 2023-07-28 08:38

western downs solar farm neoenFrench renewable energy developer Neoen says it has been paid significant damages for delays in the country's biggest solar project.

The post Neoen pockets significant damages for delays to Australia’s biggest solar project appeared first on RenewEconomy.

Categories: Around The Web

SeaVolt to launch “first of a kind” offshore floating solar demonstrator

Fri, 2023-07-28 06:26

seavolt floating solarBelgian-based consortium announces plans to launch its first offshore floating solar energy test platform designed specifically for rough seas.

The post SeaVolt to launch “first of a kind” offshore floating solar demonstrator appeared first on RenewEconomy.

Categories: Around The Web

Farming lobby wants ban on new solar farms, as renewables resentment festers in regions

Thu, 2023-07-27 15:16

Australia’s largest state farming association wants a temporary ban on new large-scale solar projects as angst grows over "carrying the weight" of the transition.

The post Farming lobby wants ban on new solar farms, as renewables resentment festers in regions appeared first on RenewEconomy.

Categories: Around The Web

Discovery of room-temperature superconductors could revolutionise energy systems

Thu, 2023-07-27 15:02

If confirmed, discovery of room temperature superconductors could be one of the biggest physics announcements this century, paving way for longer-lasting batteries and efficient grids.

The post Discovery of room-temperature superconductors could revolutionise energy systems appeared first on RenewEconomy.

Categories: Around The Web

NSW mulls tiered coal royalties as it contemplates end of coal price cap

Thu, 2023-07-27 14:11

NSW considers following Queensland's tiered coal royalty scheme as it also mulls extending coal price cap.

The post NSW mulls tiered coal royalties as it contemplates end of coal price cap appeared first on RenewEconomy.

Categories: Around The Web

Green hydrogen on track to be cheaper than fossil gas hydrogen by 2030

Thu, 2023-07-27 13:47

Meridian green hydrogenEnergy analysts at BloombergNEF expect renewable hydrogen to be a cheaper option than existing "grey hydrogen" in five key markets by 2030.

The post Green hydrogen on track to be cheaper than fossil gas hydrogen by 2030 appeared first on RenewEconomy.

Categories: Around The Web

MPs says Marinus Link a bigger deal than AFL stadium, demand vote in Parliament

Thu, 2023-07-27 12:55

Former Liberal MP wants the $3.8 billion undersea transmission project reviewed as a project of state significance, making it subject to a vote by both houses of state parliament.

The post MPs says Marinus Link a bigger deal than AFL stadium, demand vote in Parliament appeared first on RenewEconomy.

Categories: Around The Web

Fortescue still aiming for 15 million tonnes of green hydrogen by 2030

Thu, 2023-07-27 12:50

Fortescue 's likely first big green hydrogen project will produce 12000 tonnes a year. It will need another 12,500 such projects to meet its 2030 targets, but insists it can still be done.

The post Fortescue still aiming for 15 million tonnes of green hydrogen by 2030 appeared first on RenewEconomy.

Categories: Around The Web

Another 4GW of wind and solar sought grid connections in last quarter

Thu, 2023-07-27 00:01

 Goldwind).Applications for new connection agreements continue to jump sharply, but registrations and commissioning continues to drag.

The post Another 4GW of wind and solar sought grid connections in last quarter appeared first on RenewEconomy.

Categories: Around The Web

Rooftop solar takes biggest bite yet out of fossil fuel industry’s energy lunch

Thu, 2023-07-27 00:01

The growing uptake of rooftop solar PV – driven in part by the huge jump in wholesale electricity prices and retail bills in the past year – has taken the biggest bite yet out of the fossil fuel industry’s energy lunch. In an ironic twist to the cartel-like behaviour of the fossil fuel industry in […]

The post Rooftop solar takes biggest bite yet out of fossil fuel industry’s energy lunch appeared first on RenewEconomy.

Categories: Around The Web

SwitchedOn Australia Podcast: Difficult, confusing, annoying, expensive

Wed, 2023-07-26 15:31

Jon Jutsen on the challenges facing householders going all-electric, and what's needed to scale up.

The post SwitchedOn Australia Podcast: Difficult, confusing, annoying, expensive appeared first on RenewEconomy.

Categories: Around The Web

Victoria needs to get grid connection underway if it wants offshore wind

Wed, 2023-07-26 15:15

Star of the South says the clock is now ticking for the Victoria government to finalise the transmission connections for its first offshore wind zone.

The post Victoria needs to get grid connection underway if it wants offshore wind appeared first on RenewEconomy.

Categories: Around The Web

Offshore wind industry says “perfect storm” will pass, but strong targets needed

Wed, 2023-07-26 15:11

offshore wind bluefloatOffshore wind industry says international project cancellations are a "few one offs", but says strong targets will help build scale and lower costs in Australia.

The post Offshore wind industry says “perfect storm” will pass, but strong targets needed appeared first on RenewEconomy.

Categories: Around The Web

EU eyes Australian wind investment as it locks in renewable capacity at home

Wed, 2023-07-26 13:18

The regional bloc is focusing on protecting its supply chains for domestic clean technology manufacturing industries, but also has an eye on Australian projects.

The post EU eyes Australian wind investment as it locks in renewable capacity at home appeared first on RenewEconomy.

Categories: Around The Web

Pages