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News and analysis for the clean energy economy
Updated: 1 hour 36 min ago

Wind and solar supply two thirds of South Australia grid in week it was cut off from NEM

Sun, 2022-11-20 13:12

Lake bonney batteryWind and solar still contributed around two thirds of electricity supply in South Australia in the week it was "isolated" from the main grid.

The post Wind and solar supply two thirds of South Australia grid in week it was cut off from NEM appeared first on RenewEconomy.

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Energy Insiders Podcast: “Fit for 55″: EU climate package could tax Australia

Fri, 2022-11-18 14:09

vegetation offsets carbon trees shell australia select - optimisedWhy Australia might still be facing a carbon border tax in EU. Matthias Buck from Agora Energiewende explains.

The post Energy Insiders Podcast: “Fit for 55″: EU climate package could tax Australia appeared first on RenewEconomy.

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Korea power companies sign MoUs for huge green ammonia projects in Australia

Fri, 2022-11-18 13:50

Two Korea power plant operators sign MoUs to develop several large green hydrogen and green ammonia projects in Australia.

The post Korea power companies sign MoUs for huge green ammonia projects in Australia appeared first on RenewEconomy.

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BHP clinches $9.6 billion bid to buy OZ Minerals to gain more control over EV battery metals

Fri, 2022-11-18 13:48

BHP to take a lead role in landmark clean energy projects through its now approved bid for fellow miner Oz Minerals, and securing bigger role in battery metals.

The post BHP clinches $9.6 billion bid to buy OZ Minerals to gain more control over EV battery metals appeared first on RenewEconomy.

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How to unpick a company’s net zero target in 7 steps

Fri, 2022-11-18 12:40

Corporate net zero targets are spreading like wildfire, but many ring hollow and are no more than vague statements of intent. Here's how to unpick them.

The post How to unpick a company’s net zero target in 7 steps appeared first on RenewEconomy.

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Latrobe Valley pine plantation wind farm confirms Supreme Court challenge

Fri, 2022-11-18 12:17

Osmi Australia confirms that state approvals for its 200MW Delburn wind farm are being challenged in court, with a hearing date set for February 2023.

The post Latrobe Valley pine plantation wind farm confirms Supreme Court challenge appeared first on RenewEconomy.

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Another giga-scale wind, solar and battery project jostles for a spot in new renewable zone

Fri, 2022-11-18 12:12

Virya Energy proposes 220 of wind turbines, up to 300MW of solar PV and a 500MW/500MWh battery north-west of Jerilderie.

The post Another giga-scale wind, solar and battery project jostles for a spot in new renewable zone appeared first on RenewEconomy.

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Biggest gas unit in South Australia closed in midday sun to help keep lights on

Fri, 2022-11-18 12:08

AEMO shuffles its cards as it seeks to maintain grid stability in South Australia, switching off the biggest gas generator to contain the risk to rooftop PV.

The post Biggest gas unit in South Australia closed in midday sun to help keep lights on appeared first on RenewEconomy.

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“Bridge to nowhere:” Why BlueScope Steel is a decarbonisation laggard in Australia

Thu, 2022-11-17 14:26

bluescope steel blast furnaceIn the US, BlueScope continues to aggressively invest in becoming a leader in steel sector decarbonisation. In Australia, it offers little more than greenwash and spin.

The post “Bridge to nowhere:” Why BlueScope Steel is a decarbonisation laggard in Australia appeared first on RenewEconomy.

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Western Australia sets new renewables record of 81% – in world’s biggest isolated grid

Thu, 2022-11-17 14:25

Perth regulator Western Australia AEMO WEM capacity market rules breach - optimisedWA grid reaches record level of 81 per cent renewables, driven mostly by rooftop solar.

The post Western Australia sets new renewables record of 81% – in world’s biggest isolated grid appeared first on RenewEconomy.

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Business goes for price over integrity in the Australian carbon market

Thu, 2022-11-17 14:14

carbon offsetNew data shows that more than 90% of all voluntary cancellations of carbon offsets in the past year have been in the form of low-cost credits.

The post Business goes for price over integrity in the Australian carbon market appeared first on RenewEconomy.

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AEMC doubles electricity price cap to accommodate volatile and costly fossil fuels

Thu, 2022-11-17 13:57

Australian Energy Market Commission rules in doubling of administered price cap to manage extreme market volatility caused by soaring coal and gas prices.

The post AEMC doubles electricity price cap to accommodate volatile and costly fossil fuels appeared first on RenewEconomy.

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Launceston looks at making green hydrogen on-site with solar farm on airport land

Thu, 2022-11-17 11:33

Launceston Airport considers proposal to build an on-site solar farm and install an electrolyser to producer green hydrogen.

The post Launceston looks at making green hydrogen on-site with solar farm on airport land appeared first on RenewEconomy.

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Give us more load! Why South Australia is trying to switch off everyone’s rooftop solar

Thu, 2022-11-17 09:28

"Give us more load." It's not an instruction you hear every day, but it has been the "cri de coeur" from AEMO this week in South Australia.

The post Give us more load! Why South Australia is trying to switch off everyone’s rooftop solar appeared first on RenewEconomy.

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AGL begins process of powering up Torrens Island battery, biggest in South Australia

Thu, 2022-11-17 08:45

AGL brings its 250MW/250MWh Torrens Island battery is one step closer to "full functionality" as a “virtual synchronous machine.”

The post AGL begins process of powering up Torrens Island battery, biggest in South Australia appeared first on RenewEconomy.

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Three NSW councils join forces to source wind and solar power

Thu, 2022-11-17 08:43

sapphire wind farmFlow Power inks deal to supply wind and solar power to three councils in New South Wales.

The post Three NSW councils join forces to source wind and solar power appeared first on RenewEconomy.

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Australia’s “biggest battery” project resized, reshaped, renamed and relaunched

Thu, 2022-11-17 08:40

Equis big battery MelbourneBattery project billed as Australia's biggest has been redrawn, resized and relaunched, but is still to land its first customer contract.

The post Australia’s “biggest battery” project resized, reshaped, renamed and relaunched appeared first on RenewEconomy.

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New wind, solar and battery additions at lowest level for five years in Australia

Wed, 2022-11-16 16:19

sapphire wind farmRegulator says new additions to the grid at their lowest level for five years, but gets its data mixed up when comparing coal output with wind and solar.

The post New wind, solar and battery additions at lowest level for five years in Australia appeared first on RenewEconomy.

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“Great day for Australia’s decarbonisation:” Cannon-Brookes celebrates AGL board wins

Wed, 2022-11-16 14:46

cannon-brookesMike Cannon-Brookes hails the historic victory at AGL annual general meeting as a "great day for Australia's decarbonisation."

The post “Great day for Australia’s decarbonisation:” Cannon-Brookes celebrates AGL board wins appeared first on RenewEconomy.

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Bowen commits to offshore wind alliance as Australia weighs 40GW of proposals

Wed, 2022-11-16 14:31

offshore wind floatingAustralia joins Global Offshore Wind Alliance to tap the collective experience of other countries as it develops its own industry from scratch.

The post Bowen commits to offshore wind alliance as Australia weighs 40GW of proposals appeared first on RenewEconomy.

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