Alliances with Germany and Japan to develop and commercialise emissions-reducing technologies would be a coup for Australia, if there were any concerted efforts at home to reduce emissions in line with international initiatives, and transition Australian industries to be competitive in a carbon-pricing world.
Since July 2020, the PV industry has been experiencing price rises, which have affected almost all the components in a solar system. As these price increases spill out into higher installation costs, we see end user prices for solar rising for the first time in 10 years, threatening the competitiveness of PV in certain markets. Vincent Shaw reports from Shanghai on solar manufacturing’s supply chain crisis.
Australia’s success with widespread residential take-up of solar PV installations may be facing a stumbling block, a new proposal by the Australian Energy Market Commission (AEMC), the rule maker of the nation’s grid. And for solar veterans, the development summons the ghoul of Spain’s infamous “sun tax.”
Australia’s national science agency, the CSIRO, and the Australian Energy Market Operator have found even when factoring in additional ‘integration’ costs such as storage and new transmission infrastructure, solar and wind continue to be the cheapest sources of new-build electricity generation in Australia.
Global Energy Ventures, the firm currently working on a 2,000t hydrogen cargo ship, has announced the commencement of construction on a 430t pilot-scale version to service the emerging market for economies wanting begin blending small amounts of green hydrogen into existing gas networks by mid-2020s.
Commodity trader Trafigura and Oslo-based ammonia leader Yara International ASA have signed a Memorandum of Understanding that will see supply of clean ammonia as well as joint R&D projects as the two companies look to promote clean ammonia as a shipping fuel and develop its value chain and infrastructure.
Widespread green hydrogen deployment will be key to achieving stringent climate targets, and German hydrogen demand is set to grow from the 80 TWh range in 2030 to between 400 TWh and 800 TWh by 2050, according to a new joint study by several Fraunhofer-related entities.
By understanding the challenges that impacted the solar industry, battery material manufacturers will be better equipped to scale next-generation technologies from the lab to have a real-world impact.
Private sector fossil fuel spending on exploration is drying up just as modest rises in clean energy investments are being observed. With stock market investors increasingly embracing renewables, the IEA has observed positive signals in its latest energy investment report, but warned we are still doing far too little to keep global heating at bay.
Module manufacturers have once again adjusted their prices upwards. This is already the third or fourth price increase in the last six months, and there is no end in sight, writes Martin Schachinger of pvXchange. But why is it so hard to achieve long-term, sustainable development in the global solar market, at least on the part of manufacturers? Few other industries are so turbulent, with constant swings between excess supply and bottlenecks, between price collapses and price rises – and always to the breaking point of the market. Yet again, planning security is out the window.
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