Markets

With senators having called for plantation-wide solar powered pumping projects, funded by public money, the country’s National Irrigation Administration has agreed and said it wants to embrace floating solar facilities too.

With 90% of world economies committed to net zero targets, the disruptive nature of the energy transition is becoming clear. Climate targets require us to triple renewable energy capacity by 2030, phase out coal by 2040, end fossil fuel subsidies, and ensure support for a just transition. While hydrogen is sure to be a key technology in this energy transition, the exact role it will play is not yet clear, reports Felicia Jackson.

US analyst Clean Energy Associates made some notable predictions in its Q4 survey of the world solar manufacturing market, including echoing predictions made elsewhere that the new polysilicon production capacity coming online now will help arrest the spike in solar panel prices.

With the owners of Australia’s coal-fired generator fleet fast tracking the closure of the ageing infrastructure, the New South Wales government has unveiled a new corridor for transmission lines that could help it almost quadruple the size of the planned Central-West Orana Renewable Energy Zone.

United States independent power producer BrightNight has announced its formal entry into the Australian energy market, saying the company’s solutions could play a critical role in the nation’s continued journey towards a renewable energy future.

Fortescue Future Industries says the first electrolysers to be manufactured at the facility, early next year, are earmarked for use in Queensland at FFI’s planned green-hydrogen-to-ammonia project on Gibson Island.

Origin Energy has announced plans for a potential Hunter Valley Hydrogen Hub underpinned by a deal it’s made with mining and infrastructure company Orica.

Elsewhere, Chinese researchers have synthesised ultrafine Pd100-xCux nanodot-modified TiO2 photocatalysts that display optimised energy barrier for interfacial hydrogen desertion, which reportedly exhibits excellent H2-evolution activity and stability, and Mitsubishi Heavy Industries has presented its plans to establish the Takasago Hydrogen Park, calling it the world’s first centre for validation of hydrogen-related technologies, from hydrogen production to power generation.

A new report by JMK Research and IEEFA says Indian solar manufacturers need to create a strong foundation for sustainable development overall by integrating raw materials and impetus to R&D in their plans, rather than focusing solely on output.

The potential early retirement of Eraring has been the talk of the market the past week. Many of our customers have been asking what the impacts of the retirement might be on the acceleration or development of new renewable capacity in NSW and potential storage projects. In this Chart of the week, we look at the effect of the lost generation from Eraring and how that capacity might be filled.