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NSW announces $1.8 billion, including a new focus on consumer energy resources, such as neighbourhood batteries, in its Energy Security Corp.

The post “Moving beyond baseload:” NSW turns to consumers and local storage to fill Eraring gap appeared first on RenewEconomy.

There are very sharp diminishing returns for longer duration storage under current market arrangements, which makes it difficult for private investors.

The post Long or short on energy storage? A deep dive into price signals for duration appeared first on RenewEconomy.

A solar farm proposed for central Queensland's Calliope renewable energy zone has found itself the subject of some bizarre news reports this week.

The post What imperils the Great Barrier Reef? If you ask Murdoch media, it’s a solar farm 70km away appeared first on RenewEconomy.

A recently settled class action lawsuit against the Australian government could help drive greater disclosure of climate financial risk by governments, central banks and companies. Arjuna Dibley, Head of Sustainable Finance Hub, The University of Melbourne Licensed as Creative Commons – attribution, no derivatives.

It is still too early to determine whether the Atlantic storm might make landfall in the US.

Cannon-Brookes takes control of Sun Cable, and lays out new vision for 20GW solar project, including supply to Singapore and massive green industrial precinct in Darwin.

The post Sun Cable: Cannon-Brookes lays out new vision for world’s biggest solar array appeared first on RenewEconomy.

A daily summary of our news plus bite-sized updates from around the world.

Carbon Pulse has increased its global team of reporters by nearly 50% in its largest hiring push to date, as the company channels significant investment into further strengthening the world’s premier carbon markets news service.

The Canadian city is choosing sustainability over aesthetics as it deals with a severe drought.

An agtech-focused carbon credit developer has had its methodology published in a peer-reviewed journal, which they claim adds scientific weight to their crediting approach.

Yellowknife's mayor cautioned returning residents that the city "will look a little bit different".

It will likely take until 2024 for three different integrity initiatives to resolve declining voluntary carbon market (VCM) prices, researchers said in a report released Wednesday.

First Sentier Investors, a global investment manager, has launched guide Thursday designed to help institutional investors identify and assess nature and biodiversity risk in portfolio companies in light of the final framework outlined by the Taskforce on Nature-Related Financial Disclosures (TNFD), which is due to be published imminently.

But Mr Biden has not reversed his recent approval of an $8bn drilling project in the same region.

Confusion on how to understand the legal nature and classification of carbon credits highlights the need for global harmonisation in the international marketplace, said a panel of lawyers at a webinar on Wednesday.

D6 RINs plunged to a 1.5-year low this week, as market participants attributed the decrease to an oversupply of D4 credits under the US Renewable Fuel Standard and the impact of a falling bean oil-heat oil spread.

The August auction for Washington’s WCI-modelled cap-and-invest programme sold out at a new high and triggered its second reserve sale this fall, according to results published Wednesday, though permit values tumbled on the secondary market after the Department of Ecology (ECY) revealed millions of these forthcoming cost containment allowances would be sold exclusively at the scheme’s lower reserve tier price well below recent levels.

The European Commission is set to introduce EU ETS allowance transaction limits as part of security measures for the market's Union Registry, with a regulation due to enter into force on Sunday that includes a provision to charge a new fee for registry access.

Compared to roughly 80% in the US, UK and NZ, only 11% of Australian homes have high-performance windows. Installing them can transform a household’s comfort, energy use and emissions. Trivess Moore, Senior Lecturer, School of Property, Construction and Project Management, RMIT University Lisa de Kleyn, Research Fellow, Climate Change Adaptation Lab, La Trobe University Tom Simko, Senior Lecturer, School of Property, Construction and Project Management, RMIT University Licensed as Creative Commons – attribution, no derivatives.

Our research has found 30,000 farm dams which could be used as energy storage. Solar by day, hydro by night. Nicholas Gilmore, Lecturer in Engineering Design, UNSW Sydney Martino Malerba, ARC DECRA Fellow, Deakin University Thomas Britz, Senior Lecturer, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.