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News and analysis for the clean energy economy
Updated: 2 hours 31 min ago

Australia can and should eradicate its gas supply gap – but not with more gas

Mon, 2023-04-03 14:20

Flares burn off methane and other hydrocarbons at an oil and gas facility in TexasNew analysis shows future gas supply gaps could be eradicated by energy efficiency and electrification, while also alleviating the cost of living crisis.

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Powerful new consortium joins rush for offshore wind with massive project in Victoria

Mon, 2023-04-03 13:54

offshore wind dogger bankUK energy giant SSE teams up with Equis to seek a feasibility licence for its massive Poseidon offshore wind project in Victoria.

The post Powerful new consortium joins rush for offshore wind with massive project in Victoria appeared first on RenewEconomy.

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NSW formally opens big battery tender as questions loom over Eraring closure

Mon, 2023-04-03 13:44

NSW formally launches tender for 380MW of new firming capacity, as questions remain over new Labor government's intentions for country's biggest coal plant.

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Snowy 2.0 contractor and owner fined for river pollution in national park

Mon, 2023-04-03 10:46

Snowy Hydro and the major contractor for the Snowy 2.0 project hit by fines in the latest bad news to affect the controversial project.

The post Snowy 2.0 contractor and owner fined for river pollution in national park appeared first on RenewEconomy.

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Some of Australia’s biggest solar and wind farms hit badly by new grid assessment

Mon, 2023-04-03 09:00

sapphire wind farmSome of country's biggest wind and solar projects hit badly by new grid assessment, although impact has been muted by delays to transmission upgrades and coal plant repairs.

The post Some of Australia’s biggest solar and wind farms hit badly by new grid assessment appeared first on RenewEconomy.

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Australia finally has a climate policy after lost decade, but not everyone is making progress

Fri, 2023-03-31 13:45

After lost decade, Australia has a climate policy. It feels right to enjoy the moment – at least for the remainder of the week. Another small, baby step for mankind.

The post Australia finally has a climate policy after lost decade, but not everyone is making progress appeared first on RenewEconomy.

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Greens establish Senate inquiry into greenwashing

Fri, 2023-03-31 11:24

gas flare fracking victoria moratorium 2 - optimisedSenate agrees to landmark inquiry into the impacts of greenwashing on both consumers and the environment, and how best to stop it.

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Australia has a carbon price for industry – and it may infuse greater climate action

Fri, 2023-03-31 09:53

abatement emissionsAustralia is about to take a big, constructive step on climate change policy: we will have a carbon price for the industry sector, under the safeguard mechanism. It comes nine years after the Abbott Coalition government abolished Labor’s carbon price. The safeguard mechanism lay as a sleeper for many years – legislated in large parts […]

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Ikea buys three NSW solar farms in second major Australian investment

Fri, 2023-03-31 08:29

trundle solar farm NSW enerparc ikeaAfter making its first foray into Australian renewables last month, Ingka Investments has bought three NSW solar farms – two under operation and underway.

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Oil giant Shell makes first big battery investment with massive project in Melbourne

Fri, 2023-03-31 07:43

Big battery Hazelwood FluenceShell makes its first big battery investment anywhere in world in deal with Macquarie for massive project near Melbourne.

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Fortescue signs renewable power supply for 300MW green hydrogen project

Fri, 2023-03-31 07:25

Fortescue signs renewable supply deal for 300MW green hydrogen and green ammonia facility in Norway.

The post Fortescue signs renewable power supply for 300MW green hydrogen project appeared first on RenewEconomy.

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EU agrees to lift renewables target to 42.5 pct of overall energy use by 2030

Fri, 2023-03-31 06:34

germany wind energyEU agrees to set new target of 42.5 per cent renewables by 2030 - a share of overall energy use, not just the grid.

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Fluence targets transmission transition with grid stabilising battery Ultrastack

Thu, 2023-03-30 13:55

Global energy technology giant unveils its newest offering, to transform the way transmission and distribution networks operate on increasingly renewable grids.

The post Fluence targets transmission transition with grid stabilising battery Ultrastack appeared first on RenewEconomy.

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New funds to test hydrogen jet that could fly from Australia to Europe in four hours

Thu, 2023-03-30 13:52

European aerospace firm wins grant funding to design and test hydrogen-propelled jets capable of supersonic flight, including Sydney to Frankfurt in 4h 15m.

The post New funds to test hydrogen jet that could fly from Australia to Europe in four hours appeared first on RenewEconomy.

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1komma5° unveils plan to make its own solar in Germany. Could Australia be next?

Thu, 2023-03-30 13:07

The solar, battery and electrification giant – which set up shop in Australia last year – will make its own panels in Germany. Why not in Australia, too?

The post 1komma5° unveils plan to make its own solar in Germany. Could Australia be next? appeared first on RenewEconomy.

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Reliability standard may be changed to cope with wind, solar and nervous ministers

Thu, 2023-03-30 12:24

energy ministers photo bowen twitterReliability panel looks to change the definition of risk to take account of changing supply (wind and solar), changing weather, and political capital.

The post Reliability standard may be changed to cope with wind, solar and nervous ministers appeared first on RenewEconomy.

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Too much solar, not enough wind: Australia’s big renewable dilemma

Thu, 2023-03-30 09:01

Australia's main grid has too much solar and not enough wind. And the reality is that wind plus transmission is cheaper than solar plus storage.

The post Too much solar, not enough wind: Australia’s big renewable dilemma appeared first on RenewEconomy.

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Home battery installs jump 55 pct as solar households turn to storage in record numbers

Thu, 2023-03-30 08:02

Home battery installations charted a 55% increase in 2022, a new record and the sign of a turning point for consumer energy independence.

The post Home battery installs jump 55 pct as solar households turn to storage in record numbers appeared first on RenewEconomy.

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Fortescue looks at renewables and green hydrogen deal for island tungsten mine

Wed, 2023-03-29 14:12

king islandFFI steps up with renewables and green hydrogen proposal after Hydro Tasmania deal falls through to supply Dolphin tungsten mine.

The post Fortescue looks at renewables and green hydrogen deal for island tungsten mine appeared first on RenewEconomy.

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Global energy transition “off-track” and needs $US35 trillion by 2030

Wed, 2023-03-29 14:05

"The stakes could not be higher." IRENA declares global energy transition “off-track” and in need of massive investment by 2030 to be successful.

The post Global energy transition “off-track” and needs $US35 trillion by 2030 appeared first on RenewEconomy.

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