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Markets & Policy

EnergyAustralia eyes pumped hydro to replace coal power plant

The last of the New South Wales coal-fired power plants will be shut by 2040 at the latest after electricity gen-tailer EnergyAustralia announced it would bring forward the closure date of its 1.4 GW Mt Piper power station by two years.

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Momentous victory as AGL shareholders vote for resolution to adopt Paris-aligned targets

In reportedly the largest ever contested resolution in Australian corporate history, 55% of AGL shareholders have this afternoon voted for the company to adopt Paris-aligned climate targets in both of its demerged businesses.

Bidding war for Victoria’s transmission networks

A bidding war to buy AusNet and its Victorian electricity and gas assets has broken out between Canadian-headquartered Brookfield and Australia’s largest gas pipeline operator, APA Group.

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India added a record 521 MW of rooftop solar in Q2

The addition of 521 MW between April to June was India’s highest ever rooftop solar capacity installed in a single quarter.

Why the federal court case against Santos could have wide-reaching ramifications

Oil and gas giant Santos on Tuesday fronted up to Australia’s federal court, kicking off proceedings filed against it by the Environmental Defenders Office (EDO). Pv magazine Australia spoke to the EDO and its client about the precedent they hope to set with the case.

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Hydrogen hub

The federal government has announced it will extend its prospective national network of clean hydrogen hubs to each of Australia’s states. The move was welcomed by a number of industry bodies, though some say the program doesn’t go far enough with government spending still lagging our European counterparts.

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Lightsource BP secures $2.5bn to develop 20-plus GW of new solar by 2025

The clean energy joint venture, which is half owned by British energy company BP, today said it expects to create around 500 jobs as it ramps up its solar portfolio from less than 4 GW to 25 GW in four years.

Solar energy on tap for SA water

Power and water are a classic utility couple. SA Water has switched up the relationship with another solar plant energised in its massive solar rollout that is set to save on both costs and carbon.

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Sunday read: Bringing costs down to earth

Rising efficiencies and the plummeting cost of solar modules over the past few years, recent months notwithstanding, are leading innovators toward ideas that may look unusual in the current tracker-dominated world of large-scale solar parks. Advocates of the new approaches argue that they leave traditional models looking decidedly flat by comparison.

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Regulator recommends changes for Australia’s rooftop solar sector

The Clean Energy Regulator has recommended major reforms for Australia’s rooftop solar PV industry, including that it be solely responsible for the enforcement of regulations in relation to accredited installers, retailers and component manufacturers.

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