Policy

The Queensland government has published its draft plan to unlock 3,300 MW, or 3.3 GW, of new renewable generation as part of the first stage of developing state’s three Renewable Energy Zones (REZs).

COP flack for Australia’s insubstantial and unstructured response to decarbonisation has not made the country more attractive to investors. Has our first-mover status cruelled our investability, and what could the next Federal Government do to revive investor confidence?

Opinions are rife and varied in the wake of the COP26 UN Climate Change Conference. What can we take away from discussions in which the Australian Government positioned itself as a climate pariah?

A report published by BloombergNEF for the COP26 climate change summit has listed global commitments by cities, states, provinces and nations to end the sale of new fossil-fuelled vehicles but, with 2035 estimated as the cut-off date for zero-emission roads by mid century, policymakers need to be more ambitious.

The town of Marble Bar in Western Australia’s remote East Pilbara region is famed for at one time recording 100 consecutive days of temperatures exceeding 37 degrees Celsius. So it’s no wonder the town’s residents have excess solar and nowhere to put it. That is, until now, thanks to the installation of a battery energy storage system beside the town’s centralised solar farm.

The Morrison government today released its long-awaited electric vehicle strategy which contains neither fuel efficiency standards nor financial support for Australians buying cleaner vehicles. The strategy’s main centrepiece is an additional $178 million for its Future Fuels Fund. Rather tellingly, the strategy has been summed up “better than nothing”.

Following a funding announcement from the Australian Renewable Energy Agency (ARENA), a $3 million feasibility study led by Port of Newcastle and Macquarie’s Green Investment Group is set to determine whether Newcastle, the world’s largest coal exporting port, has the potential for a green hydrogen hub.

Embarrassing Australia on the world stage is one of Prime Minister Scott Morrison’s favourite marketing ploys. But while the federal government continues to fail its constituents, particularly those in rural communities, those rural communities themselves are taking the energy transition into their own hands, along with the ownership of their own solar generation.

On September 7, the country that consumes more power than any other nation introduced green energy trading. Two regions in China, Beijing and Guangzhou, were selected for the initial introduction of what will become the national green power trading market. Although it is still a pilot program, the market is expected to have far-reaching impacts on China’s energy transition away from coal. What do you need to know about it? Vincent Shaw in Shangahi sets out the details.

The Australian Government has set a goal of producing solar electricity for a third of today’s costs, declaring that “ultra low-cost solar” will be critical to achieving its long-term emissions reduction plan.