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Markets & Policy

NEM in for shake-up with five-minute settlement to start

At midnight tonight Australia’s National Electricity Market will undergo a major regulatory change with the introduction of a market reform that has been more than four years in the making.

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How long do residential energy storage batteries last?

Multiple factors affect lifespan of a residential battery energy storage system. We examine the life of batteries in Part 3 of our series.

NSW to halve emissions by 2030, injecting ‘transformative’ $37 billion into clean energy

New South Wales, Australia’s most populace state and largest economy, has upped the green ante, today setting a new target which will see it rival clean energy powerhouse South Australia. The state government is seeking to spur more than $37 billion in private investment from its policies, hoping to double the state’s economy.

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First Solar CEO meets India’s prime minister

The Indian government has created a strong balance between industrial policy as well as trade policy, which provides companies like First Solar an ideal opportunity to establish their manufacturing facilities in India, according to First Solar chief executive officer Mark Widmar.

NSW unveils ‘world first’ scheme to shift electricity demand, expects saving of $1.2 billion by 2040

New South Wales households and businesses will soon be incentivised to install technologies and appliances which can operate outside peak demand times as part of a scheme the state government’s claims could save consumers $1.2 billion on electricity bills by 2040.

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Australia’s biggest battery cleared for testing following fire debacle

Energisation testing is set to resume from tomorrow for Neoen’s 300 MW / 450 MWh Victorian Big Battery, following the fire which caught global attention and destroyed two of its Megapacks on July 30.

Adani, Reliance to set up solar gigafabs in India

Adani, Reliance New Energy, Jindal India Solar and Shirdi Sai Electricals have been put on a shortlist for India’s production-linked incentive scheme for high-efficiency PV module manufacturing. The list includes 14 other companies vying for the incentives.

China pledges not to build new coal plants abroad yet questions remain

President Xi Jinping’s pledge this week at the United Nations General Assembly that China will not build new coal-fired plants abroad is welcome news; however, Asia’s transition to low carbon energies remains in dire need of policy reforms.

Exclusive: Compelling UNSW research shows tandem cells should succeed PERC for multi-terawatt production

The urgent global need for tens of terawatts of solar capacity to replace fossil fuels by 2050 signals it’s time to hone in on developing the most sustainable technologies — before reserves of silver, indium and bismuth dry up.

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Sunday read: Price cannibalisation threatens PV growth

As solar deployment increases, concerns about price cannibalisation continue to be more and more relevant. Large-scale solar generation during midday hours may result in curtailment or unprofitable wholesale power prices. As supply increases, the economic viability of solar PV projects could fall into question.

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