In a campaign style speech, Andrew ‘Twiggy’ Forrest, founder of Fortescue Metals and one of Australia’s richest men, outlined his ambition of producing mammoth quantities of green hydrogen, a task he sees as imperative to stop the “planet cooking” while also cornering a market he believes will soon be worth trillions.
The South Australian Greens Party has proposed a tax-and-spend plan for the state that goes against everything the Federal Government advocates, in favour of massive funding of essential services and reducing carbon emissions in the process.
Solar’s share in the installed 100 GW renewable energy capacity stands at around 44%, and wind at 40% as per the data available from India’s Central Electricity Authority.
Australia’s proposed 26 GW Asian Renewable Energy Hub has encountered what appears to be a governmental double standard, as the country’s environment minister has rejected an expanded proposal. Thankfully, the project’s proponents have not become discouraged in the face of this double standard; in fact, they’re doubling down.
The operators of Australia’s largest solar farm have turned to a software-based bidding solution as they seek to optimise dispatch and manage the facility’s market trading and power purchase commitments amid increasingly market volatility.
Queensland’s transition to a renewable energy future is set to progress with the state government calling for tenders for the proposed 1 GW Borumba Dam pumped hydro energy storage project while work on a nearby 176 MW solar farm has also reached a new milestone.
The Australian Energy Market Commission (AEMC) has made final a rule that will allow for solar export tariffs to be gradually introduced in the NEM jurisdictions (that is, everywhere except WA and the NT) under limited circumstances in four years’ time.
Photon Energy’s Leeton and Fivebough Solar Plants have been commissioned after just under a year of construction. The two plants’ 14.6 MWp combined output is a positive sign for the Riverina region with its strategic importance to the renewable energy transition, and an achievement for Amsterdam-based Photon Energy.
Both Victoria’s and Queensland’s state governments are moving on their renewable energy zones (REZs) with tight deadlines looming for hopeful projects in Victoria, while further north the government is eager to hear from local communities.
South Australia is a global hero for its demonstration of a rapid transition to renewable generation. But as renewables supplied more than 60% of the state’s electricity, and pushed out coal and even gas-fired generation, cracks appeared in the system strength and inertia required to keep the grid reliably running. ElectraNet has deployed old, clean-running technology — synchronous condensers — to smooth the gaps.
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