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Markets & Policy

2GW of storage projects to benefit from NSW Emerging Energy Program

Pumped hydro and battery-storage projects took the lion’s share of feasibility-study grants today awarded under the NSW Emerging Energy Program. Alongside VPP proposals, they feature also in the shortlist of 21 projects now in the running for capital funding.

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Macquarie to invest in 20 GW pipeline of renewables, plus, plus …

With hundreds of millions of dollars in assets and funds under management Macquarie Group is seeking to amplify its considerable influence, bringing investment and reporting to bear on accelerating climate mitigation and adaptation.

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New partnership to fend off cyber attacks on rooftop solar in South Australia

U.S. research corporation MITRE and the new Australian Cyber Collaboration Centre will partner to take on cybersecurity threats, with an initial focus on protecting South Australia’s smart grid.

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Synergy posts huge loss from rooftop solar uptake

Western Australia’s biggest generator and retailer Synergy has blamed rooftop solar for bleeding red ink in the past financial year.

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New Zealand leading five-nation climate trade agreement in world’s first

New Zealand begins negotiations with four other small nations on trade agreement to remove tariffs on environmental goods, such as solar PV, and eliminate fossil fuel subsidies. The deal would be a world’s first, and another example of the confidence boost New Zealand enjoys during the Rugby World Cup.

Australia’s largest EV charging network announces first phase sites

Chargefox, Australia’s only public ultra-rapid EV charging network, has announced the 22 locations of its network’s first phase. The target locations link Adelaide to Brisbane, via Melbourne and Sydney.

China set for 40 GW of pumped hydro storage next year

The showpiece 3.6 GW Fengning county project which will offer grid services and back-up power at the 2022 Winter Olympics is part of a 31.15 GW construction pipeline of projects, many of which are set to come into service next year.

Logic supports renewables, not nuclear

The latest edition of the World Nuclear Industry Status Report reiterates that clean power is taking the lead in the world’s energy system and nuclear is not only too costly a remedy for carbon emissions but too slow to deploy.

Sonnen: NSW government is constantly pulsing the market

Despite a lack of initiative for the residential battery uptake on the federal level, action on the state and territorial level has been vigorous. In the run-up to the launch of the NSW subsidy scheme, sonnen CEO of APAC Nathan Dunn is talking about the manufacturer’s experience with other subsidy schemes in Australia and what it takes for a successful program.

Cannon-Brookes set to help fund 10 GW NT megaproject

Australian tech billionaire Mike Cannon-Brookes, co-founder of Atlassian Corp, has used the sidelines of the United Nations Climate Action Summit in New York to announce plans to help fund the ambitious 10 GW, $20 billion, Sun Cable Project in the Northern Territory (NT).

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