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News and analysis for the clean energy economy
Updated: 21 min 54 sec ago

Germany unveils plans to add 150GW of solar by 2030, as gas use slumps

Mon, 2023-05-08 18:07

Germany outlines plan to add 150GW of solar by 2030, including agri and floating PV. Meanwhile, gas use slumps by nearly one quarter in a year.

The post Germany unveils plans to add 150GW of solar by 2030, as gas use slumps appeared first on RenewEconomy.

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Hornsdale battery lands new contract, as wind farms fan jump in Neoen revenue

Mon, 2023-05-08 15:24

Hornsdale big battery lands new contract for fast frequency response, as wind gains boost quarterly revenue and a solar farm takes a break in negative prices.

The post Hornsdale battery lands new contract, as wind farms fan jump in Neoen revenue appeared first on RenewEconomy.

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Labor’s timid fossil rent tax should be revamped into a Norway-like wealth fund

Mon, 2023-05-08 15:17

Gas companies have long been gaming the resources rent system, but copying the Norwegian scheme would have vast benefits.

The post Labor’s timid fossil rent tax should be revamped into a Norway-like wealth fund appeared first on RenewEconomy.

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Rooftop solar slumps in April, but PV system sizes just keep getting bigger

Mon, 2023-05-08 14:31

Rooftop solar growth hit a 12 month low in April, according to new data from SunWiz, with total installations for the month slumping 23% compared to March.

The post Rooftop solar slumps in April, but PV system sizes just keep getting bigger appeared first on RenewEconomy.

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Graph of the Day: Top 20 wind and solar assets in April

Mon, 2023-05-08 14:06

Queensland dominates the large scale solar rankings in April, while the best performing wind assets were spread around the country.

The post Graph of the Day: Top 20 wind and solar assets in April appeared first on RenewEconomy.

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Big batteries as “virtual power lines” could be quick solution to unleash wind and solar

Mon, 2023-05-08 13:31

Renewable energy curtailment isn't going away yet grid infrastructure upgrades are years off, so batteries acting as "virtual lines" could be the answer.

The post Big batteries as “virtual power lines” could be quick solution to unleash wind and solar appeared first on RenewEconomy.

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Registrations open for Energy Next, co-located with Australian Clean Energy Summit in July

Mon, 2023-05-08 13:05

Energy Next will focus on latest renewables and energy management technologies and solutions, from solar, energy storage and EV charging to energy monitoring software.

The post Registrations open for Energy Next, co-located with Australian Clean Energy Summit in July appeared first on RenewEconomy.

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We need 100 million new electric machines, and we’ve got 17 budgets to get it right

Mon, 2023-05-08 12:05

In the race to a renewable grid, the household and the energy decisions made there often get overlooked. This needs to change – and fast.

The post We need 100 million new electric machines, and we’ve got 17 budgets to get it right appeared first on RenewEconomy.

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CEFC sinks $80m into push for private infrastructure to decarbonise

Mon, 2023-05-08 11:56

The investment in PEP's latest fund is designed to target hard-to-decarbonise infrastructure companies.

The post CEFC sinks $80m into push for private infrastructure to decarbonise appeared first on RenewEconomy.

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Australia finally has a Net Zero Authority. What should top its agenda?

Mon, 2023-05-08 11:53

Now that we finally have a Net Zero Authority, how can it help Australia make the most of this once-in-a-generation economic transformation?

The post Australia finally has a Net Zero Authority. What should top its agenda? appeared first on RenewEconomy.

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How to deliver one of fastest green energy transitions in the world

Mon, 2023-05-08 11:49

Acen Australia new england solar farm nswDeep dive into Australia's biggest renewable and storage auction shows projects developed a broad range of revenue strategies, including short-term and long term PPAs.

The post How to deliver one of fastest green energy transitions in the world appeared first on RenewEconomy.

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“About time:” Net Zero Authority to guide just transition from fossils to renewables

Fri, 2023-05-05 14:12

liddell coal closure nsw april 28Federal Labor announces new national body armed with $400m budget to support emissions-intensive sectors, their workers and communities to transition to clean industry.

The post “About time:” Net Zero Authority to guide just transition from fossils to renewables appeared first on RenewEconomy.

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Chart of the day: Germany produces 40GW of solar for first time

Fri, 2023-05-05 14:09

Solar reaches 40GW of output for first time in Germany.

The post Chart of the day: Germany produces 40GW of solar for first time appeared first on RenewEconomy.

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Kwinana: First big battery in world’s biggest isolated grid finally gets registered

Fri, 2023-05-05 13:10

The 200MWh Kwinana big battery - the first in the world's biggest isolated grid - finally gets its registration after some six months of delay.

The post Kwinana: First big battery in world’s biggest isolated grid finally gets registered appeared first on RenewEconomy.

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Andrew Forrest executive slaps down ex-Snowy chief’s latest renewables bullsh**

Fri, 2023-05-05 12:26

forrest willoughby bango wind turbineSquadron Energy CEO Jason Willoughby hits back at ex-Snowy Hydro chief Paul Broad's claim that Australia's target of 82% renewables by 2030 is "bullshit."

The post Andrew Forrest executive slaps down ex-Snowy chief’s latest renewables bullsh** appeared first on RenewEconomy.

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New links could turn Victoria into energy importer: Solar and storage would be cheaper

Fri, 2023-05-05 12:16

AEMO says it will lift a suspension of the entire National Electricity Market after supply pressures ease.cNew transmission links for Victoria could be a deadweight: More local solar and storage would be a cheaper and quicker alternative.

The post New links could turn Victoria into energy importer: Solar and storage would be cheaper appeared first on RenewEconomy.

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I’m no apologist for Snowy 2.0 – but let’s not obsess over delays and cost blowouts

Fri, 2023-05-05 09:53

Snowy Hydro Tumut 3 pumped power station energy storage - M Mazengarb - optimisedSnowy 2.0 is by no means perfect, but Australia’s renewables transformation will need a huge amount of energy storage – and pumped hydro is an important part of the mix.

The post I’m no apologist for Snowy 2.0 – but let’s not obsess over delays and cost blowouts appeared first on RenewEconomy.

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Offshore wind industry in race to source enough people, ports and boats

Fri, 2023-05-05 09:37

Australia has experience with most of the vessels it needs for offshore wind, but local competition for them is high.

The post Offshore wind industry in race to source enough people, ports and boats appeared first on RenewEconomy.

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Brisbane recyclable battery start-up signs up first international investor

Thu, 2023-05-04 18:37

Vaulta's first international investor has joined its effort to make the battery industry more sustainable.

The post Brisbane recyclable battery start-up signs up first international investor appeared first on RenewEconomy.

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Bandt says Australia is “petrol state” dealing with “last gasp” of gas lobby

Thu, 2023-05-04 14:21

gas-flaring-methane-emissions-nature-EditFederal Labor must make crucial decisions on role of gas – and powerful fossil fuel lobby – or miss the opportunity to electrify Australia, Greens say.

The post Bandt says Australia is “petrol state” dealing with “last gasp” of gas lobby appeared first on RenewEconomy.

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