RenewEconomy
Alinta hits go on Port Hedland solar and battery, with BHP as foundation customer
BHP signs deal to source 100% of the daytime energy needs of its Port Hedland iron ore operations from solar and big battery project built by Alinta.
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Pressure mounts on Albanese to cut the cord on coal and gas handouts
Labor Party under pressure to reclaim nearly $2bn in subsidies earmarked for gas development projects under the Morrison government and redirect the funds into renewables.
The post Pressure mounts on Albanese to cut the cord on coal and gas handouts appeared first on RenewEconomy.
How home batteries can be good money spinners – and lessen the need for subsidies
New analysis hints that growing behind-the-meter storage might not need a great deal of subsidy, thanks to potentially lucrative income opportunities.
The post How home batteries can be good money spinners – and lessen the need for subsidies appeared first on RenewEconomy.
Origin’s Beetaloo exit is not enough, the fracking has got to stop
Governments, now, must intervene on developments like Beetaloo; listen to the science and, as promised, to the voices of First Nations people.
The post Origin’s Beetaloo exit is not enough, the fracking has got to stop appeared first on RenewEconomy.
Wind power is getting better and better, and providing more value to the grid
Wind energy remains as an attractive carbon-free option since its costs are generally low compared to wind’s value in wholesale markets.
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Solar giant joins big battery market with launch of utility-scale SolBank
Leading global PV manufacturer Canadian Solar launches lithium-iron phosphate utility-scale big battery system with up to 2,800kWh of usable energy capacity.
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Safeguard Mechanism: What to make of the “industry-average” baseline scheme
Is it possible to make an industry average scheme work? Yes, with enough gaffer tape. Is it the best pathway to take? Maybe not.
The post Safeguard Mechanism: What to make of the “industry-average” baseline scheme appeared first on RenewEconomy.
Three global renewables trends to watch for – and what they mean for Australia
Solar is doing well – and particularly associated home battery uptake; wind power is struggling; and China is rapidly becoming the main factor limiting global decarbonisation.
The post Three global renewables trends to watch for – and what they mean for Australia appeared first on RenewEconomy.
AGL board clean-out continues, with new chair – and a new renewables champion
Australian renewables champion Miles George joins non-executive ranks of AGL Energy, as part of major overhaul of the board at the big three gen-tailer.
The post AGL board clean-out continues, with new chair – and a new renewables champion appeared first on RenewEconomy.
Origin announces exit from gas exploration, starting with Beetaloo Basin
Origin Energy says it is getting out of the gas exploration business, starting with its share in the controversial Beetaloo Basin project, as it shifts its focus to the energy transition.
The post Origin announces exit from gas exploration, starting with Beetaloo Basin appeared first on RenewEconomy.
Labor modeller says plan for free credits could kill integrity of Safeguard scheme
Labor's climate modeller says proposal to award free credits to big polluters who do better than an industry average could kill integrity of Safeguard Mechanism.
The post Labor modeller says plan for free credits could kill integrity of Safeguard scheme appeared first on RenewEconomy.
St Baker and Flannery cash in on Vales Point coal plant in sale to Czechs
Trevor St Baker and Brian Flannery sell out of Vales Point coal generator at massive profit, and new buyer shows no signs of contemplating an early closure.
The post St Baker and Flannery cash in on Vales Point coal plant in sale to Czechs appeared first on RenewEconomy.
Wind and solar records tumble again, as coal and fossil fuel hit another low
Wind and solar hit new record peaks in main grid, pushing coal and fossil fuels to record lows, but curtailment also hits new high in South Australia.
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Pacific Equity Partners wins gong for backing Aussie smart meter business
Australian Investment Council awards Pacific Equity Partners Large Cap Investment Award for investing in Intellihub and generating significant returns for investors.
The post Pacific Equity Partners wins gong for backing Aussie smart meter business appeared first on RenewEconomy.
Will the food and livestock industry follow fossil fuels over the market cliff?
The food and livestock industry, particularly beef and dairy, face as big a climate problem as fossil fuels – but in a dramatically accelerated timeframe.
The post Will the food and livestock industry follow fossil fuels over the market cliff? appeared first on RenewEconomy.
Vertical axis floating offshore wind turbine gears up for 1MW trial in Norway
A 1MW vertical axis floating offshore wind turbine will be given a test run in seas off Norway, its developers say.
The post Vertical axis floating offshore wind turbine gears up for 1MW trial in Norway appeared first on RenewEconomy.
Revealed: The extraordinary cost of “keeping the lights on” in month of June
The cost of electricity in Australia's main grid was more than $6.7 billion in June, or around $750 per household for a single month.
The post Revealed: The extraordinary cost of “keeping the lights on” in month of June appeared first on RenewEconomy.
Works to begin on “world-first” green hydrogen electrolyser in Pilbara
ARENA tips $47m into Australia’s first "substantial" renewable hydrogen project, and one of the largest so far in the world, putting it on track for completion in 2024.
The post Works to begin on “world-first” green hydrogen electrolyser in Pilbara appeared first on RenewEconomy.
Fracking: If Liz Truss wants a UK shale gas industry, she is 280 million years late
Fracking in the UK has multiple commercial, technical and social challenges. The biggest of all may be that the oil and gas reserves are long gone.
The post Fracking: If Liz Truss wants a UK shale gas industry, she is 280 million years late appeared first on RenewEconomy.
Report reveals cost of undergrounding HumeLink – but is it a price worth paying?
How can we balance community concerns and wishes with cost? It’s a challenging task – made more challenging by the urgency of the shift to renewables.
The post Report reveals cost of undergrounding HumeLink – but is it a price worth paying? appeared first on RenewEconomy.