New-generation energy retailer Flow Power will today release figures that show its high-use energy customers have collectively saved $14 million with power purchase agreements since the start of 2018. Such powerful testimony signals a new maturity in Australia’s renewable-energy PPA market.
Open-source blockchain platform Energy Web Foundation has revealed the number of its affiliates has risen from 37 last month to 100. New members include EnBW, Total and the State Grid Corporation of China. The platform was conceived to create an energy-blockchain ecosystem and to accelerate the energy transition.
Australia’s two upcoming elections — in NSW this month and Federally in May — have brought to light the extreme contrasts that exist in Australian politics around the value of renewable energy, the indispensibility of coal to Australia’s economy and how the country might alleviate the high energy prices consumers are dealing with. Here are two recently presented views from each end of the political spectrum.
Energy is in the news as elections in NSW and at a Federal level edge closer. Today six Queensland National MPs called for the return of Angus Taylor’s Big Stick policy to scare down energy prices, three NSW independents wrote to the state’s Premier and Opposition leader demanding action on climate change, and a curious proposal for a new coal-fired power plant in the Hunter Valley emerged from Hong Kong.
Summer is notionally over and analysts at Rystad Energy have coolly assessed the coming year into 2020; in Sydney the Rystad team convened an experienced panel of market participants to give their take on what solar developers, EPCs, investors, equipment suppliers and skill seekers can expect in months to come.
As climate change and energy security penetrate NSW political parties as potent issues in the upcoming State election, NSW Labor has upped the ante in the policy contest by setting a renewable energy target that could see 50% of the state’s electricity generated from renewable sources by 2030.
Rystad Energy, an independent research and business-intelligence company serving energy investors, has launched the Southeast Asian hub of its RenewableCube data-analysis product. At an exclusive gathering in a Barangaroo tower suite last Friday, Minh Khoi Le, Research Analyst for APAC Renewables outlined the solar prospects for the region with Vietnam at its irradiant centre.
2019 is showing signs of a seismic tremor in corporate attitudes to climate change and renewable-energy opportunities, with Glencore one of Australia’s biggest coal miners yesterday announcing it will prioritise production of commodities essential to energy transition.
Backed by an estimated $15 million raised from the sale of renewable energy certificates, EnergyAustralia will install free solar PV and battery systems for participating charitable organizations, with the goal to connect them into a virtual power plant and slash their electricity bills by as much as 50%.
A $2.2 million trial run by Jemena, AusNet Services, and UNSW Sydney will explore how existing network infrastructure can better integrate with solar power, as Australia’s rooftop PV uptake goes from strength to strength.
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