Markets & Policy

A roadmap to rapid carbon emission reduction has suggested the nation add 2.4 GW of generation capacity next year as part of a 15 GW new-solar target this decade. The claims of solar-plus-storage should be ignored for now, according to a new policy document, because batteries will make PV less competitive with coal.

A couple of years ago Central Queensland, at the heart of coal country and the nexus of manufacturing opportunity, became a beacon to energy advisory firm Energy Estate and international renewables developer RES. Moah Creek Renewable Energy Project, the first stage of their gigawatt-scale firmed renewable energy project is about to be introduced to the community.

The Clean Energy Regulator has issued its second Quarterly Carbon Market Report for the year. Despite Covid and justified investor caution on big renewable projects, indicators from small- and large-scale energy certificate accounting show steady growth.

Since July last year, SA Power Networks has been refining the technology and stakeholder engagement mechanisms that will enable dynamic solar exports to the grid, potentially ending an era of severe export limits on new customers in rooftop-solar-rich parts of the South Australian network and in other jurisdictions.

Polysilicon capacity is unable to catch up with rapid capacity expansion in the mid and downstream segments, writes Corrine Lin, chief analyst for PV InfoLink. New polysilicon capacity requires big capex investment and a lead time of more than two years to complete construction and reach full operation. With unbalanced capacity between the upstream and downstream segments, polysilicon prices have been rising since the second half of 2020, with prices for mono-grade polysilicon surpassing CNY 200/kg (US$27.40) in June 2021, up more than 250% year on year.

The highly polarised debate regarding renewable energy and action on climate change that has too long been a feature of the Australian political landscape could change, and change quickly, says Saul Griffith. The entrepreneur, scientist, and energy analyst is adding author to his job description next month with the release of his book “Electrify”, and he’s betting on a rapid transformation of the discussion within Australia as the advantages of “electrifying everything” become clear.

Sydney-founded battery company Gelion Technolgies today announced its partnership with lead-acid battery manufacturer Battery Energy Power Solutions. The news reflects a significant adjustment of the company’s battery design and business strategy, which is seeking to leverage industry shifts.

The Australian Renewable Energy Agency has responded to the federal government’s decision to expand its mandate to include ‘low-emission technologies’, unveiling a new investment plan that provides for the financing of a broader range of technologies including some using fossil fuels.

The Ramahyuck District Aboriginal Corporation has won over $1 million in funding from the Victorian Government for the development of a 4.9 MW solar farm, as well as several other community arrays. This is a win for Indigenous self-determination and a proven long-term income and employment stream which will help to “enable a healthy, strong and vibrant Aboriginal community”.

The Queensland government will pour more than $580 million into increasing electricity network capacity and replacing ageing assets as part of a $52.2 billion infrastructure program designed to transform the state into a renewables, advanced hydrogen and manufacturing superpower.