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Markets & Policy

Report finds sustainability skills gap in Australian financial sector

The University of Technology Sydney’s (UTS) Institute for Sustainable Futures (ISF), in collaboration with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) Climate Science Centre, has published the findings of its national “Climate Skills Survey” of financial professionals. 

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Proposed 330 MW Victorian solar farm opts for 500 MWh Swiss battery

Swiss energy storage company Energy Vault has been awarded the contract to supply the in development 330 MW Meadow Creek Solar Farm in Victoria with a 250 MW/500 MWh battery energy storage system.

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Globalised supply chains saved $103 billion in solar panel production costs

A new study has calculated that the globalised PV module supply chain has saved billions for PV installers in Germany, the US and China. It also found that if strong nationalistic policies that limit the free flow of talent and capital were implemented going forward, solar panel costs would be 20-25% higher by 2030.

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Sydney’s Northern Beaches Council reaps solar savings

Sydney’s Northern Beaches Council has seen its energy costs slashed by switching to renewables.

Vietnam set to open renewable energy market to PPAs

The Vietnamese government has been working on a scheme to allow bilateral power purchase agreements (PPAs) since 2020. The start of the pilot scheme has been delayed and is now expected for the first quarter of 2023. The official program would launch in 2025.

Sun Cable sets sights on interconnecting Asia

Singapore-based Sun Cable, which is seeking to develop the giant Australia-Asia PowerLink (AAPowerLink) consisting of up to 20 GW of solar and 42 GWh of energy storage on a 12,000-hectare site in the Northern Territory, is forming a consortium to advance sustainable smart energy grids in Asia.

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How to build on Australia’s solar rollout

Speakers at the CEC All-Energy conference in Melbourne have prioritised the built environment as ripe for embedding higher efficiency and sustainability standards.

NSW payments for hosting new transmission lines set to double

As it looks to replace its ageing coal-fired fleet and accommodate a growing share of renewables on its grid, New South Wales has pledged to nearly double the average payments landlords across the state receive for hosting high voltage transmission lines.

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Renewed calls for renewable energy storage scheme to address firming shortfall

A looming energy storage shortfall has promoted renewed calls from the renewable energy industry for a national renewable energy storage scheme. The scheme would consist of a series of large-scale project tenders designed to unleash desperately needed investment.

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Non-flammable, graphene-based lithium-ion batteries approaching stationary storage market

US-based Nanotech Energy’s graphene battery uses proprietary electrodes with a thermally stable separator, and non-flammable electrolyte that is said to be inexpensive to manufacture. The technology is said to be superior in terms of safety and competitive in terms of cell performance.

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