Markets & Policy

A number of massive PV projects have been proposed for Australia’s north, with the concept built around clean power exports to Southeast Asia. Is it Desertec Down Under? Proponents are certainly hoping for more success.

In a deal that can only improve the appeal of renewable energy to the mining industry, Siemens and renewable energy developer juwi have joined forces in a strategic technology partnership set to bring renewable microgrids to the off-grid mine sites.

Recent analysis from Wood Mackenzie predicts green hydrogen, produced primarily by solar electrolysis, will reach cost parity in Australia, Germany and Japan by 2030.

New research by the World Gold Council identifies greenhouse gas emissions across the whole supply chain of gold mining and sets out a plan to aureate the industry’s carbon footprint with solar PV and other renewables.

French renewables developer and big Australian energy player Neoen has reported strong revenue growth over the first nine months of 2019, driven in no small part by Australian successes.

After Genex Power’s offtake agreement with EnergyAustralia fell through earlier this month its concessional federal funding lapsed. However, the Project has secured an extension into 2020, hopefully allowing it enough time to restructure and reach financial close.

Elon Musk has promised a fab near Berlin that will help create up to 10,000 new jobs. Tesla wants to build the facility near the city’s controversial new BER airport.

Qantas has set itself a 2050 net-zero carbon emissions target as the national carrier looks to push the aviation industry toward more sustainable practices.

Australia made its first moves to open up its energy industry in the 1990s, when the National Electricity Market (NEM) was first created, and many of the rules and regulations from back then are still in place today. But the rise of renewables in the 21st century, argues Clean Energy Investor Group Chair Rob Grant, necessitates a rethink of this market structure.

The Australian Energy Market Commission’s proposed transmission access model has come under fierce criticism from the clean energy industry for being unnecessarily complex and likely to increase the cost of capital for future generation and storage investment.