The Australian Energy Market Operator (AEMO) has laid out a $370 million plan for network upgrades in Western Victoria which would deliver almost double the benefit to both energy consumers and energy producers. However, the proposal has provoked federal Energy Minister Angus Taylor’s attack on the state’s renewable energy target.
The South Australian government has given its tick of approval for the development of a 5 MW/10 MWh compressed air energy storage facility, which will store excess solar and wind power at a closed underground mine.
With no new measures to the reduce emissions in the electricity sector and no renewable energy target beyond 2020, federal government leaves little room for hope for policy driven renewables expansion. At a state level, ambitious renewable energy targets could help fill the policy void to a certain extent, but some states are falling short of their self-imposed targets for either renewable energy or emissions reductions.
A new report raises awareness of the potential jobs and revenue opportunities for Territorians in a zero-carbon economy. The 10 GW Vision relies largely on solar PV.
At the Clean Energy Council Large-scale Solar Forum yesterday, principal sponsor Longi launched its new Hi-MO 4 range of solar panels in Australia and spoke with pv magazine about its intention to better serve the local industry by opening a fully fledged sales and service office in Australia.
As part of its Future Mines and Jobs Plan, Labor has pledged to revive the Exploring for the Future funding and invest $75 million in developing the future mining of resources such as lithium. If elected in the upcoming federal election, the party will also make the south-west of Western Australia a renewable energy zone, meaning the region will be able to access funding through the party’s planned $5 billion Energy Security and Modernisation Fund.
Works have been launched on the 64 MW solar farm is the Darling Downs region. Once completed, the project could make the University of Queensland the world’s first university to offset 100% of its electricity needs from its own renewable energy asset.
Solar could meet approximately 68% of global energy demand with other renewables making up the rest, according to a new report. A 100% renewable energy system could also create 22 million solar jobs by 2050, the study claims. Keeping global warming below 1.5 degrees C, though, would require FITs for projects up to 40 MW in capacity, auctions for bigger systems, removing fossil fuel and nuclear subsidies and providing more education and R&D and less red tape.
A new major aspect of Labor’s climate policy announcement on Monday was a national electric vehicle (EV) target with half of the cars on the Australian roads to be electric by 2030, and fuel emissions standards for all vehicles.
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