Regulator approves reduced budget for Humelink transmission project
The Australian Energy Regulator has approved final costs for the next stage of Transgrid’s multi-billion-dollar Humelink transmission project but slashed the budget for the construction of the 500 kV line by more than $3 million.
Clean energy transition drives Queensland jobs growth
New data has revealed 2,750 clean energy jobs have been created in the last two years within six publicly owned energy businesses, putting the state on track to reach a forecast of 100,000 jobs by 2040.
Australian big battery market building towards record year
Australia has firmed as the world’s fourth-largest market for utility scale batteries with new data from research consultancy Rystad Energy revealing that almost 3 GW / 8 GWh of battery energy storage projects have started construction in the first seven months of 2024.
Philippines announces renewables, energy storage auction
The Philippines’ Department of Energy has said that energy storage and maximising the country’s existing renewable energy infrastructure will be a major theme for its next green energy auction. GEA-4 will take place in the final quarter of 2024.
Horizon increases rooftop PV access with smart software
Access to rooftop solar in Western Australia has received a boost with state-owned energy provider Horizon Power expanding the reach of an internet-connected energy management project that promises to help balance energy flows on regional microgrids.
Investor concerns remain as NEM project pipeline grows
Growth in Australia’s renewable energy sector is strong with 43 GW of new utility scale generation and storage projects working through the National Electricity Market connection process but concerns remain that uncertainties surrounding approval processes could impact investor confidence.
Behind-the-meter battery uptake glitched by New South Wales battery rebate wait
New South Wales government efforts to stabilise the grid through an incentive scheme offering battery rebates has caused a lull in battery uptake and installations while some consumers wait another four months for the rebate to kick in.
Macquarie’s Eku gets green light for 500 MWh Canberra big battery
The way has been cleared for construction to begin on a 250 MW / 500 MWh battery energy storage system that will help “future proof” the Australian Capital Territory’s energy supply by reducing the load on Canberra’s electricity network and increasing network reliability.
WA targets 6.5 TWh of renewables generation as part of federal deal
Western Australia has locked in federal government funding to build a minimum 6.5 TWh of large-scale solar and wind projects and 1.1 GW of new storage to help ensure the electricity grid remains stable as the state continues its renewable energy transition.
Rooftop solar retrofit on low-income housing is key to reap $17 billion benefit
An accelerated rollout of rooftop solar and electrification for low-income housing could boost Australia’s economy by $17 billion but is dependent on policy change, according to a new Deloitte Access Economics report.
