Policy

Two new green hydrogen projects in New South Wales will share in $64 million (USD 43.25 million) in support as the state government looks to accelerate the development of a hydrogen industry which is projected to attract more than $80 billion in private investment.

A new cohort of 18 New South Wales (NSW) public schools will receive solar and battery energy storage systems in the latest round of the NSW government’s Smart Energy Schools Pilot Project.

A report from consultancy Climate Energy Finance finds that Australia and New Zealand have a more than $10 billion (USD 6.7 billion) pipeline of investment proposals in resource value-adding critical minerals, including in lithium, nickel, cobalt, vanadium, rare earths, hydrogen electrolysers, green ammonia, and value-added downstream battery developments.

A huge renewable energy zone to be established on the New South Wales south coast has been formally declared, potentially unlocking more than 17 GW of solar, wind, battery storage, pumped hydro, hydrogen and new load projects, including green steel manufacturing.

Victoria will offer private landowners $200,000 (USD 134,400) for every kilometre of land over which they allow transmission lines to be installed as the state government looks to accelerate the development of new transmission infrastructure deemed critical to the future security of the energy grid.

A combined 60 MW of solar and 25 MWh of energy storage will be deployed at military sites across Australia as part of a government strategy to increase energy independence and security at the country’s Department of Defence facilities.

The Victorian government has provided its seal of approval to accelerate the development of a new high-capacity transmission line that will facilitate the increased flow of electricity between the Victorian and New South Wales grids, helping to maintain power supply reliability as coal-fired generation declines and retires.

The New South Wales Labor Party plans to tip in $1 billion (USD 690 million) to create a state-owned energy corporation which will partner with the private sector to accelerate investment in pumped hydro, community batteries and renewables to support the state’s energy transition.

Last December, Australia’s first large-scale battery funding round fast-tracked eight new grid-forming projects with a combined capacity of 2.0 GW / 4.2 GWh. That same month, the country’s fresh federal government announced it would enact a major underwriting scheme to incentivise renewable storage across the country. The moves echo those which inaugurated big solar in Australia, but the transformative potential of these storage plays will, it seems, take a different shape.

The Western Australian Government has launched a new $15 million (USD 10.3 million) grant program to expand electric vehicle charging infrastructure throughout the state and accelerate the uptake of zero emission vehicles.