Markets

The Australia Institute (TAI) has criticised the Government’s $2 billion bushfire recovery fund, questioning why the taxpayer should foot the bill when a levy on fossil fuel producers would be a better way of funding the recovery.

Researchers at Sydney’s Macquarie University have developed a multi-functional device that can be easily installed in any EV to alleviate energy anxiety in the vehicle and the household. The Intelligent Charger could be the necessary bridge in the transition to EVs.

Australia’s bushfire crisis is beginning to expose a National Energy Market over-reliant on vulnerable individual elements. Does Australia’s changing environment necessitate a localised energy future?

Unnamed Queensland and Victoria solar businesses have been ordered to pay hefty fines, after being caught misclassifying solar mounting kits imported from China. Earlier this year, the Australian Border Force announced it was tightening screws on the dumping of aluminium extrusions, mostly used to mount solar panels.

In a newly published policy document, Hanoi has urged regional governments and the country’s state-run utility, EVN, to suspend authorizations for new solar parks until further notice. Around 8.93 GW of utility-scale solar capacity is already approved for development in Vietnam, according to the Ministry of Industry and Trade.

Sydney-based developer Genex Power Limited (Genex) has fought its way back from several unlucky blows to achieve financial close for the 50MW Jemalong Solar Project and the refinancing of the 50 MW Kidston Solar One Project.

The Australian Renewable Energy Agency (ARENA) is set to fund Australian energy technology company Wattwatchers to the tune of $2.7 million. The funding will aid the development of a consumer-facing energy data hub, ‘My Energy Marketplace,’ another step forward in consumer energy empowerment.

The Nova Nickel-Copper-Cobalt Operation mine in the Fraser Range of Western Australia is now operating with fewer costs and emissions thanks to Zenith Energy’s hybrid solar PV-diesel power plant. The plant provides a litany of firsts, including being the first hybrid solar PV-diesel project completed without a single government subsidy.

The Australian Energy Market Operator (AEMO) has published a report with TransGrid looking to assess the viability of an expansion to the NSW-VIC interconnector, a much-needed infrastructural upgrade. AEMO is seeking submissions on the interconnector and other transmission investment options.

Dutch transmission system operator Enexis, gas provider Gasunie and oil company NAM are considering diverting excess solar capacity in Drenthe province into hydrogen production. The companies are assessing which wind and solar projects may have been excluded from the grid.