As the outbreak takes its toll on solar panel and battery manufacturing in China, Australia is bracing for disruptions in the supply chains.
As the survival of the fittest continues in Australia’s notoriously competitive EPC market, the Sydney-based diversified infrastructure company has signaled that it will no longer bid fixed prices to build solar.
Against the backdrop of extreme heat, generator, and transmission line outages and intense bushfires, revenues for grid-scale batteries on the National Electricity Market (NEM) have been trending upwards.
Grid-scale wind and solar output reached new highs in Q4 last year pushing power prices to a three-year low despite a number of coal-fired generator outages. As Australia’s big PV fleet continues to expand, the National Electricity Market saw the highest output of big PV on record, but also record curtailment.
The developers of the Kennedy Energy Park will have to pay more than $7.5 million in variation claims and delay costs pursuant to an adjudication decision which is likely to raise concerns in the Australian renewable energy sector.
Construction has begun on Royal Dutch Shell’s 120 MW solar farm which will generate clean energy for QGC’s natural gas processing plants near Wandoan in South West Queensland. The project is the oil major’s first global investment in an industrial-scale solar farm.
In a decision that seems to endorse the intervention of the supernatural, the Australian Federal Police has dropped its investigation into Energy Minister Angus Taylor and the allegedly forged document he attempted to use to skewer Sydney Lord Mayor Clover Moore.
Identity politics and an almost religious zeal have come to characterise Australian parliamentary climate debate, but smart industry groups, lobbyists, scientists and Liberal-minded change agents are working to influence the centre-right agenda towards a more economically rational and conservationist approach to energy transition.
In a letter addressed to Prime Minister Scott Morrison, Queensland Deputy Premier Jackie Trad has called for more renewable investment and Federal government backing to help create and support more jobs in more industries, but gas is not out of the picture.
An energy executive in transition, Alba Ruiz Leon combines recent learnings as head of the team that built Limondale with the analytical resources she now commands as leader of Cornwall Insight Australia.
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