The New South Wales government aims to “turbocharge” the state’s transition from coal and gas to a renewables-based grid with a commitment to reduce greenhouse gas emissions by 70% in little more than a decade on the pathway to net zero emissions by 2050.
Oil and gas major bp Australia has teamed with gas and engineering company BOC to build what it describes as the first green hydrogen refuelling facility to be installed at an existing petrol station in Australia.
Vehicle manufacturer Foton and gas company BOC have signed an agreement to develop the hydrogen bus sector in Australia and New Zealand, allowing technology they say is already “widely used” around the world to become affordable in a region where it is still nascent.
A roadmap to rapid carbon emission reduction has suggested the nation add 2.4 GW of generation capacity next year as part of a 15 GW new-solar target this decade. The claims of solar-plus-storage should be ignored for now, according to a new policy document, because batteries will make PV less competitive with coal.
Scientists at the Massachusetts Institute of Technology have developed a device they say could “turbocharge” a single-junction silicon PV cell, pushing the technology beyond its theoretical limit to efficiencies of 35% and higher.
Australia’s renewables industry, finance and investment sector, philanthropists and climate groups have teamed up to call for a major new era of economic reform to make Australia the global centre for the zero-emissions economy.
The International Renewable Energy Agency (IRENA) told Berlin Energy Transition Dialogue participants this week that USD 5.4 trillion ($8 trillion) of annual investment is needed to support the global shift to renewables. Kenyan President William Ruto, meanwhile, called for a fair energy partnership between Europe and Africa.
The federal government is turbocharging Australia’s green hydrogen industry, with a $70 million investment to support the development of a hydrogen hub in Townsville.
Hydrogen truck maker Hyzon has launched what is being hailed as Australia’s first locally designed and built hydrogen-powered truck at its regional headquarters in Melbourne. The 27-tonne truck is hitting Australian roads in a series of commercial trials this year, including as part of a longterm partnership with RACV, which has ordered three tow trucks.
Two new green hydrogen projects in New South Wales will share in $64 million (USD 43.25 million) in support as the state government looks to accelerate the development of a hydrogen industry which is projected to attract more than $80 billion in private investment.
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