The AEMC’s annual report on electricity price trends predicts the continued fall in electricity prices around Australia. The trend, says the AEMC, is driven in some large part by the influx of renewable energy generation.
After China’s National Day holiday, demand started picking up at a slow pace, but the anticipated installation rush did not occur as expected, due to land and financing issues, as well as the return of winter. These factors will also delay the timing of more than 6 GW of capacity to the first half of next year. PV InfoLink has thus downwardly revised its estimates for installed capacity in the fourth quarter to 11.3 GW in China and 30 GW globally, bringing this year’s global demand forecast to below 120 GW.
Tasmania’s ambitions of becoming the Battery of the Nation improve after early reports on the proposed Marinus Link, a second interconnector between Tasmania and Victoria, show the project’s economic advantages far outweigh expected costs.
The release of AEMO’s 2019/20 Summer Readiness Report has set the scene for another summer of excessive heat and risk for the grid. However, AEMO has stressed the importance of the influx of solar PV to the grid.
The national science agency, CSIRO, has mapped the critical research steps Australia must take to realise a potential 7600 jobs and $11 billion a year by 2050 from the burgeoning hydrogen industry.
A University of New South Wales (UNSW) community survey has found majority support for the proposed Australian Carbon Dividend Plan, a plan to tax the biggest carbon emitters and redistribute to the Australian taxpayers.
Three NSW government facilities for aquatic and agricultural research and development are reducing their grid-dependence by utilising solar PV.
Australia has an undisputed competitive advantage when it comes to renewable energy, and many believe we can become a clean energy exportation superpower, but we have to reindustrialise ourselves first.
A survey run by the Clean Energy Council shows confidence in new clean energy investment continued to weaken over the past six months. While a big majority of industry representatives expect to hire more staff in the next 12 months, the biggest challenges to developing new projects remain unchanged with grid connection process and technical requirements and policy uncertainty at the top of their list of concerns.
Stand-alone power systems (SPS) have reaffirmed its lead amongst technologies racing to transform energy in rural Western Australia.
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