Policy

As part of its long-term plan to transition from coal-fired power generation to clean energy New South Wales has launched another renewable energy tender seeking at least 950 MW of wind and solar capacity and 550 MW of long-duration storage.

Australia and the United States have signed a landmark agreement with the two nations vowing to work collaboratively towards accelerating and expanding clean energy supply chains, renewable energy technologies manufacturing, and critical minerals supply.

In what it says is an Australian first, Queensland network operator Powerlink will offer owners of land adjacent to new transmission lines compensation payments as it looks to roll out new infrastructure to ensure the future security of the energy grid.

The federal government has committed $14 million (USD 9.32 million) to establish a renewables industry ‘growth centre’ to support Australian businesses looking to manufacture, commercialise and adopt clean energy technologies.

The Australian Energy Market Operator (AEMO) has renewed its calls for a fast-tracking of new transmission links, saying that parts of the country’s main grid are effectively in gridlock and causing unprecedented amounts of wind and solar to be curtailed.

Renewable curtailment in Australia has grown by almost 40% from a year ago, Daniel Westerman, head of AEMO says. Frustratingly, the revelation came in the same forum where the head of Australia’s green bank warned the nation is not on track to reach its target of 80% renewable generation by 2030.

Federal energy minister Chris Bowen has submitted rule changes to the Australian Energy Market Commission to begin reforming how transmission projects in Australia are approved – a process which has drawn wide ire. While Bowen says he is “fast-tracking” the changes, some say the reforms slated for November are minor and overdue.

Australia’s Electric Vehicle Council has raised the alarm about Sydney electricity network, Ausgrid’s, upcoming tariff structure for high-power, public electric vehicle (EV) charging sites, saying under the proposal prices could balloon to $70,000 (USD 46,600) per annum.

The Vietnamese government has announced a USD 135 billion ($200 billion) energy strategy, with half of the country’s residential rooftops to be equipped with PV systems under a net-metering scheme. The nation also aims to become a power exporter by the end of the decade.

An influential Australian union will propose a “significant, punitive tax” on the export of raw critical minerals as a means of promoting more value-adding onshore. The news comes as longstanding trade allies voice criticism over Australia’s growing momentum towards domestic manufacturing.