Policy

The New South Wales government has moved to fast track the development of the 700 MW/1400 MWh Waratah Super Battery as it looks to shore up a reliable energy supply ahead of the impending closure of the country’s biggest coal generator.

The New South Wales government’s plans to develop a renewable energy zone in the state’s central west is one step closer to fruition following the release of the scoping report for the transmission infrastructure required to connect at least 3 GW of new renewable energy generation capacity to the grid.

The Australian Energy Market Commission has called for changes to be made to the national energy rules to allow for the injection of hydrogen into the existing gas distribution grid to support the needs of a transitioning energy market.

Australia’s federal government has trumpeted the successful passage of legislation enshrining a pledge to slash carbon emissions by 43% by 2030 and to net zero by 2050, saying it provides the certainty that investors have been seeking so they can invest in renewable energy generation, storage and in transmission.

The Queensland government is reportedly considering ramping up its renewable energy target as the state looks to wean itself off coal-fired power on the pathway to net zero emissions by 2050.

New South Wales is seeking 2,500 GWh of annual generation and 600 MW of long-duration storage for its first tender, part of realising its ambitious NSW Electricity Infrastructure Roadmap.

BMW Group said it is targeting the premium segment with its iX5 Hydrogen car, Topsoe revealed that it will invest US$267 million (AU$392m) to build the world’s largest SOEC electrolyzer plant in Denmark, and Bosch announced plans to invest US$200 million (AU$292m) in US fuel cell production.

As Australia’s Climate Change Bill 2022 progresses through parliament, a Senate committee has recommended using wood waste from native forests to generate electricity should no longer be classified as “renewable energy.” It is not yet clear what impact such changes would have on the growing pipeline of Australian ‘biomass’ projects.

Australia’s transition to a clean energy future is at risk with a new report indicating the nation’s quickening shift to a grid dominated by renewables has resulted in labour and skills shortages that could deepen as the sector continues to grow.

The Australian Energy Market Operator warns every Australian jurisdiction in the national grid could see electricity demand outstripping supply within the decade – though only if anticipated renewable projects do not come to fruition.