An energy deal struck between the Morrison and Berejiklian governments that will see more than $2 billion invested to increase gas supply and reduce greenhouse gas emissions from the electricity sector has prompted a flurry of reactions that boil down to two conflicting interpretations of its purpose.
Singapore-based developer Vena Energy has announced that it will soon begin construction of Queensland’s largest grid-scale battery near Wandoan in the Western Downs. The 100 MW/150 MWh project will be delivered under a 15-year power purchase agreement with Australia’s biggest power producer, AGL.
The Australian Renewable Energy Agency (ARENA) is in desperate need of a short-term funding extension as its funds to allocate to new projects is set to dry up by mid-2020. The Australia Institute has published a discussion paper urging the Morrison Government to legislate.
After a leisurely break over the holiday period, I have returned to my desk to get right back into the analysis of what I think will be a pretty exciting year for the NEM. Connection difficulties, commissioning delays and stubbornly high storage costs point to uncertainty on the supply side, while strong rooftop uptake continues to whittle out daytime operational demand.
Peter Gutwein is the new Premier of Tasmania and the first Tasmanian Liberal Minister for Climate Change. The Premier, who has a history of rebelliousness to the party line, seeks to lead Tasmania to a renewable energy future.
The 25MW/52MWh battery at the Lake Bonney wind farm is in the final stages of testing and close to full commercial operation. Once operational, the big Tesla battery will supply the electric car maker’s Australia EV supercharger network with renewable electricity.
A study from Finland’s Lappeenranta University of Technology has predicted solar and other renewables can provide a global energy jobs revolution – just as four European operations revealed recent struggles.
Australia has made great strides in terms of investment into renewables, yet despite the spend, we are still faced with an ageing grid and a growing number of coal power plant closures, that lack clear and sustainable replacements.
The global transition to a low-carbon energy future hinges upon the sustainable supply of green-tech minerals and metals, says researchers. Australia’s reserves and export capabilities in nickel, cobalt, lithium and other rare earths mean our next mining boom could be of global existential importance.
Esperance has a new green deal for the supply of its electricity until 2042. The agreement, which commences in 2022, seeks to cut carbon emissions and features a new a battery storage system and renewables hub complete with solar farm.
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