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Markets & Policy

Philippines publishes list of qualified bidders for 11.6 GW renewables auction

The government of the Philippines is set to hold the country’s second renewables auction on June 19.

Cambodia to scrap rooftop PV capacity charge, introduce new tariffs

Cambodia’s Ministry of Mines and Energy has published a document outlining principles to permit the use of rooftop PV. The new policy replaces a monthly capacity fee for rooftop systems, with a tariff calculated based on an intricate formula.

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Brookfield flags $30 billion investment, ‘public benefits’ of Origin decarbonisation to ACCC

The Brookfield consortium looking to acquire Origin Energy has lodged its merger application with the ACCC, arguing the takeover is in the national interest since it will accelerate Australia’s decarbonisation. The application also flags investment figures as high as $30 billion (USD 20 billion), up from the $20 billion previously flagged.

Saltwater redox flow battery with integrated ultracapacitor

US-based Salgenx says it has successfully integrated ultracapacitors with its saltwater redox flow batteries, resulting in significantly better power response and system performance.

Hitachi battery replaces diesel generators on Victoria’s Phillip Island

Phillip Island off Victoria’s southern coast has switched on a 5 MW/10 MWh lithium-ion phosphate battery to support the island’s grid during peak tourism periods.

Brisbane company unveils 100 kW hydrogen battery using CSIRO tech

Queensland hydrogen battery startup Endua has installed its first 100kW standalone hydrogen power bank in south Brisbane. The news come weeks after the company raised $11.8 million (USD 7.81 million) to scale the technology.

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VNI West Project could delay the retirement of coal generators

Analysis conducted by Cornwall Insight Australia reveals that certain coal plants in New South Wales may benefit from delaying their retirement, following the release of new plans for the VNI West transmission project.

Global solar additions to hit 310 GW in 2024, says IEA

The International Energy Agency (IEA) said in a new report that solar will remain the main source of global renewable capacity expansion in 2023, accounting for 286 GW. In 2024, the figure is set to grow to almost 310 GW, driven by lower module prices, greater uptake of distributed PV systems, and a policy push for large-scale deployment.

Hybridising gravity energy storage with batteries, supercapacitors

Developed by Chinese researchers, the novel hybrid storage technology may achieve an efficiency of over 80% and be applied in distribution and transmission grids. The proposed combination is reportedly able to offer the advantages of gravity energy storage and power-based storage systems in a single solution.

Tasmania site secured for 240 MW green hydrogen project

Australian hydrogen developer Abel Energy and Spanish energy group Iberdrola are pushing ahead with plans to deliver a 240 MW green hydrogen and green methanol production facility in Tasmania, inking a deal to secure a site for the $1.2 billion (USD 79 million) project.

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