A new report by Climate Energy Finance has revealed Australia’s diesel Fuel Tax Credit Scheme disincentivises growth in future industries and will cost taxpayers $37 billion (USD 23.8b) in lost tax revenue by 2030. The report also illustrates how capping these rebates represents a multifaceted advantage for Australian manufacturing of low and zero-emission mining vehicles.
Australian thermal storage company, Graphite Energy, has received development approval for a $29 million (USD 18.6 million) sustainable energy precinct in Lake Cargelligo, in the mid-west of New South Wales.
A short report explaining upcoming challenges and solutions to electricity security has been published by the Australian Academy of Technology Sciences and Engineering (ATSE). The report calls for more investment to meet government targets and to keep consumer prices down.
Western Australian company Australian Vanadium Limited (AVL) seems to be fairly delayed in realising its vanadium mine and processing plant vision in Western Australia. Nonetheless, the company has signed a new option agreement to purchase land for its processing plant near Geraldton.
Shell, which acquired Sonnen four years ago, is now actively seeking a majority shareholder for the Germany storage system specialist.
Dutch company Photon Energy is developing a project with 200 MW of solar coupled with 115 MW and up to 24 hours of thermal storage in Yadnarie using RayGen technology. Photon Energy hopes to reach a final investment decision (FID) on the Yadnarie project on South Australia’s Eyre Peninsula by about the middle of next year.
Australian residential power prices have surged up to 25% this year. With solar rooftops booming as a result, Nikhil Jayaraj, managing director of Regen Power, looks at whether home batteries will keep pace.
Western Australia has signed an agreement to bolster its relationship with Indonesia around critical minerals and clean energy manufacturing – with both regions among the world’s leading producers for particular minerals.
Researchers in the US have demonstrated that replacing the planar lithium anode in a redox mediated lithium-sulfur redox flow battery with a high surface area scaffold enables 10 times faster cycling, up to 10 mA cm−2, without short circuit or voltage instability.
Researchers in China have summarised the technical issues hindering the development of hard carbon, which is regarded as the most promising anode for high-performance, commercial sodium-ion batteries.
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