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News and analysis for the clean energy economy
Updated: 2 hours 16 min ago

Green light for Southern Hemisphere’s biggest green methanol plant, backed by Iberdrola

Mon, 2023-06-05 15:15

Proposal from Abel Energy with the backing of Iberdrola has led to an in-principle agreement with the state government to buy the site of an old gas plant.

The post Green light for Southern Hemisphere’s biggest green methanol plant, backed by Iberdrola appeared first on RenewEconomy.

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Rooftop solar sales rebound as households brace for another power price shock

Mon, 2023-06-05 13:23

After hitting a 12-month low in April, installations of rooftop solar systems have rebounded in May, jumping by around 30%.

The post Rooftop solar sales rebound as households brace for another power price shock appeared first on RenewEconomy.

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Renewable investors seek clarity over Queensland’s new state ownership mandate

Mon, 2023-06-05 13:05

Big renewable energy and storage developers fret about new Queensland mandate that requires at least half of new projects to be state owned.

The post Renewable investors seek clarity over Queensland’s new state ownership mandate appeared first on RenewEconomy.

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Australia’s first solar thermal plant edges closer to reality as engineers named

Mon, 2023-06-05 09:29

Vast Solar names engineers for what will be Australia's first large scale solar thermal facility that could begin construction next year.

The post Australia’s first solar thermal plant edges closer to reality as engineers named appeared first on RenewEconomy.

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Too big to fail: Why Canberra will back Snowy despite delays and cost blowouts

Mon, 2023-06-05 09:26

Snowy Hydro given stable outlook on basis that government will have no choice but to back it, despite delays and cost blowouts. Without such backing, its debt would be junk.

The post Too big to fail: Why Canberra will back Snowy despite delays and cost blowouts appeared first on RenewEconomy.

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Electric water heaters could do work of 2 million home batteries – and save billions

Mon, 2023-06-05 08:33

New study finds "smart" electric water heaters can store as much energy as more than 2 million batteries and save households billions a year on energy bills.

The post Electric water heaters could do work of 2 million home batteries – and save billions appeared first on RenewEconomy.

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Queensland to legislate renewable targets in $62 billion wind, solar and storage plan

Sun, 2023-06-04 07:39

 Queensland government.Queensland to legislate renewable targets to build 22GW of wind and solar, and 12GW of storage. But it will still have the lowest share of renewables in 2035.

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Marinus Link gets nudge along as cost determinations begin

Fri, 2023-06-02 15:10

Australian Energy Regulator starts cost and revenue determinations on 1500MW Marinus Link, paving way for early works on the controversial project.

The post Marinus Link gets nudge along as cost determinations begin appeared first on RenewEconomy.

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Coal generator fined for lousy response to coal plant explosion that rocked the grid

Fri, 2023-06-02 15:03

Coal plant owner hit by fines for having the wrong settings on its generating units as regulator investigates why Callide coal explosion had such a big impact on grid.

The post Coal generator fined for lousy response to coal plant explosion that rocked the grid appeared first on RenewEconomy.

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Fossil gas death spiral: Regulator caps exit fee to “socialise” cost of mass disconnection

Fri, 2023-06-02 13:14

Modern kitchen naomi-hebert-MP0bgaS_d1c-unsplash copyRegulator sets exit fee for households seeking to quit gas as they electrify, and allows networks to impose higher fixed charges to recoup investments in face of death spiral.

The post Fossil gas death spiral: Regulator caps exit fee to “socialise” cost of mass disconnection appeared first on RenewEconomy.

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Coal in NSW could be squeezed out by end of decade. But the timelines are tight

Fri, 2023-06-02 10:54

sapphire wind farmNSW roadmap says 14GW of new wind, solar and firming capacity could be delivered by end of the decade to replace coal. But will transmission be built in time?

The post Coal in NSW could be squeezed out by end of decade. But the timelines are tight appeared first on RenewEconomy.

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Australia’s first 2GWh battery is aimed at eliminating a very big solar duck curve

Fri, 2023-06-02 10:38

The country's first 2GWh big battery is clearly focused on eliminating the growing solar duck curve in Western Australia.

The post Australia’s first 2GWh battery is aimed at eliminating a very big solar duck curve appeared first on RenewEconomy.

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Global wind and solar additions to shatter records, but Australia being left behind

Thu, 2023-06-01 22:08

IEA says Solar PV and wind set to lead largest increase ever in new renewable capacity this year, but Australia risks being left behind.

The post Global wind and solar additions to shatter records, but Australia being left behind appeared first on RenewEconomy.

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AGL weighs solar recycling as part of Loy Yang’s post-coal future

Thu, 2023-06-01 15:19

 John EnglartAGL signs MoU to explore the feasibility of setting up a solar panel materials recovery facility at the greened-up, post-coal Latrobe Valley site.

The post AGL weighs solar recycling as part of Loy Yang’s post-coal future appeared first on RenewEconomy.

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Conference will showcase a greener future for agriculture

Thu, 2023-06-01 15:09

Electric tractors, renewable diesel, bioenergy and solar-powered farms across Australia - that’s the vision for the future of agriculture being showcased at the National Renewables in Agriculture Conference 2023.  

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Energy Insiders Podcast: Can NSW quit coal?

Thu, 2023-06-01 14:54

David Hay and Andrew Kingsmill from EnergyCo discuss the infrastructure roadmap towards 100% renewables. Plus: Sun Cable, Callide and more news.

The post Energy Insiders Podcast: Can NSW quit coal? appeared first on RenewEconomy.

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Redflow lands biggest order yet, 20MWh flow battery for Native American microgrid

Thu, 2023-06-01 14:31

redflow battery with solar californiaAustralian battery maker to supply one of largest zinc-based energy storage projects in the world, as part of a solar microgrid in Northern California.

The post Redflow lands biggest order yet, 20MWh flow battery for Native American microgrid appeared first on RenewEconomy.

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LNG and diesel will blow Australia’s carbon budget, even after replacing dodgy satellite

Thu, 2023-06-01 13:18

Growth of renewables the only bright spot on Australia's industrial emissions, although replacing a dodgy satellite might boost land clearing accounting.

The post LNG and diesel will blow Australia’s carbon budget, even after replacing dodgy satellite appeared first on RenewEconomy.

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Victoria blows past wind energy output records

Thu, 2023-06-01 10:22

Wind output records blown away as weather system sweeps across Victoria.

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Wind and solar investments come to grinding halt, putting renewable target at risk

Thu, 2023-06-01 07:44

Murr Warra wind farmClean Energy Council says no new wind and solar projects reached financial close in first quarter, as US sucked up investment and put Australian renewable targets at risk.

The post Wind and solar investments come to grinding halt, putting renewable target at risk appeared first on RenewEconomy.

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