Markets

AEMO reports record-low demand across the NEM

New records for minimum electricity demand have been recorded across the nation as Australia’s uptake of rooftop solar systems continues to climb.

Australia still finding its feet on the coveted path to digitalised data

While the desire for data to support smarter grids is clear, actually digitalising said data to make it communicable around Australia is proving a thornier operation. Ultimately, it requires Australia’s grid operators to undergo nothing short of a metamorphosis – transitioning from operating networks to becoming network operators.

Australian scientists shed high-intensity light on pestering perovskite problem

A group of Australian researchers have made a significant discovery in the fight against light-induced phase segregation in next-generation solar cells, a somewhat counter-intuitive solution encapsulated in the famous final words of German polymath Johann Wolfgang von Goethe: “More light!”

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CEFC annual report glowing with ‘prudent investment’

The Clean Energy Finance Corporation (CEFC) has published its annual report this week, a report glowing with the hue of ‘prudent investment’ according to the CEFC Chair. The report emphasises the prudence and efficacy of the green bank’s mandate despite attempts by the Morrison Government to siphon off funds for fossil-fuel investments.

Vietnam opens 450 MW solar plant as utility-scale solar era dawns in SE Asia

Ho Chi Minh City-based construction company Trungnam Group said its army of labourers took just 45 days to perform site clearance for a project which took shape within 102 days. The 450 MW solar plant signals a new era in utility-scale solar for Vietnam, which is already seeing significant growth in its rooftop solar markets.

The weekend read: The plan to REZurrect Australia’s large-scale segment

Investment in large-scale solar appears to be faltering in Australia. The technology with the lowest cost, with no emissions and the fastest time to delivery, has often found itself dangling at the oversubscribed end of a limp transmission line, with additional, expensive requirements to connect, or earnings-slashing curtailments when operational. Investors have found no reassurance in the federal government’s winking at coal, courting of gas, and undermining of agencies established to support innovation and investment in renewables. In short, the Australian prime minister is showing a complete lack of urgency to act on climate change. Enter the Renewable Energy Zone.

WA Govt approves 15 GW Asian Renewable Energy Hub, whole project now expanded to 26 GW

The Western Australian Government has given environmental approval to the first stage of the Asian Renewable Energy Hub, a 15 GW hybrid solar and wind plant. The approval is a massive step forward for the project, which will eventually reach 26 GW, and an even larger step forward for green hydrogen development in Australia for domestic use and export.

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GEV to develop compressed hydrogen ship for Australia’s green hydrogen exports

Global Energy Ventures announced to the ASX yesterday its design for the H2 Ship, a compressed hydrogen ship capable of transporting 2,000 tonnes of hydrogen from green hydrogen hubs in northern Australia to trading partners such as Singapore, Korea, China, and Japan.

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ARENA helps fund project to demonstrate energy efficient housing at scale

The Australian Renewable Energy Agency is chipping in over $700,000 to help Frasers Property Australia build 51 energy efficient homes complete with a solar embedded network. The idea is to demonstrate to the wider housing sector that energy efficient homes can be built at scale and be cost-effective to the customer.

Ikea Adelaide constructing unique microgrid on its way to 100% renewable energy

Ikea Adelaide is leading the way for the Swedish giant’s global aspirations towards 100% renewable energy through what is being touted as Australia’s largest grid-connected commercial microgrid. The two stage project boasts a range of unique features which could lay the foundations for a new sustainable energy model for Australia.

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