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Markets & Policy

Tasmania chases $70 million for transmission link failure

The Tasmanian government is taking legal action against the owners of the Basslink Interconnector, seeking to recover more than $70 million owed because of a lengthy outage six years ago.

Innovative Australian battery materials projects gain momentum at home and abroad

A number of Australian battery material recovery projects got off the ground this week, including the completion of Western Australian outfit Neometal’s battery recycling demonstration plant, a Queensland-Japanese joint venture studying the extraction of cobalt from copper tailings as well as the funding of Sydney-based startup Novalith.

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Hydrogen ship maker to develop 2.8 GW green facility off the north coast

Compressed hydrogen ship maker Global Energy Ventures will develop a 2.8 GW green hydrogen export project on the Tiwi Islands, off the coast of the Northern Territory. It says the project will demonstrate the simplicity and efficiency of compressed hydrogen for Asia-Pacific supply chains, and will of course use a fleet of its own hydrogen-powered and hydrogen carrying 430-tonne ships.

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Hydrogen fuel cells and equipment to be manufactured in Victoria under new H2X deal

Hydrogen vehicle maker H2X has today announced a deal with Gippsland Circular Economy Precinct which will see the pair manufacture a range of hydrogen-focussed products in Victoria’s Gippsland region. The move comes less than a week after Pure Hydrogen bought a significant stake in H2X Global.

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Hilarious, scathing responses to Morrison’s ‘bullsh*t’ plan

Australians are overjoyed at the Morrison government’s strong, detailed plan to get the nation to net zero by 2050… nah, just kidding. In the last 24 hours, the internet has erupted with criticism, scolding everything from the plan’s font, to its copyright date, and mind bogglingly vacancy. Here are some of the best reactions so far…

Australia’s belated net zero 2050 commitment depends upon ‘ultra low-cost solar’

Australia may have finally joined the world net zero party, but it forgot to bring a plate. Considering its lack of policy and dependence on future technologies and cost reductions, the Morrison government’s “plan” is more like a prayer. Nevertheless, a stretch goal of solar generation at $15/MWh is the foundation for Australia’s future.

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Woodside’s ‘vague’ hydrogen announcement coincides with major gas expansion

The lack of detail surrounding oil and gas giant Woodside’s hydrogen and ammonia facility in Kwinana announced yesterday has raised suspicions, with groups pointing out the news coincides with the company’s recently approved Scarborough gas project off the Western Australian coast.

Nats not listening: new data ‘rejects’ assumed attitudes of coal communities

While prime minister Scott Morrison’s preparation for COP26 has been shrouded in controversy, a new survey into coal mining communities’ sentiments toward renewable energy reveals widespread support for the transition. The revelation comes as WWF-Australia also released findings from its expert survey, illustrating the federal government’s lack of ambition is considered the main hurdle slowing an otherwise perfectly poised transition.

Will China’s ‘double carbon’ and ‘dual control’ policies drive demand for solar?

Factories suffering from rationed grid electricity could help drive a boom in on-site solar systems, and recent moves to mandate the retrofitting of PV on existing buildings could also lift the market, as analyst Frank Haugwitz explains.

Monetising the power to switch off: Australia’s new demand-response market opened today!

Over recent years, the energy industry has been working hard to provide the structure and a regulatory framework for a market that recognises the value of coordinated demand response. Today marked the second wave — after the opening of the FCAS market in 2017 — of opportunity for organisations to trade their flexible electricity loads on the wholesale electricity market. The resulting efficiency gains are an important piece of the energy transition puzzle.

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