Policy

The First Nations Clean Energy Network, a group launched in November 2021 to ensure Indigenous communities share in the benefits from renewables, is releasing new guides to help industry and government engage with First Nations communities.

The developed world is facing scenarios of zero economic growth or even recessions, as inflation, energy costs, interest-rate rises, and tougher lending criteria makes life tough for business. But money is flowing into the energy transition by scaling and commercialising existing technologies, reports pv magazine’s Tristan Rayner.

The Clean Energy Council has reiterated calls to reform the grid connection process to provide increased certainty and security for investors after a new report revealed only one renewable energy generation project reached financial close in Australia in the third quarter of 2022.

With the US offering tremendous capital to “friendshore” its renewable supply chains, the cofounder of a major renewables investor, David Scaysbrook, says President Biden’s Inflation Reduction Act could turn Australia into a critical mineral and rare earth powerhouse. “The question is, do we have the stomach for that?” Scaysbrook asks. For Tim Buckley, director of Climate Energy Finance, it’s a matter of the government taking a whole system approach and going early.

Calls for the Albanese government to adopt a Renewable Energy Storage Target are growing, with an alliance of organisations visiting Australia’s Parliament to lobby for the move.

Cofounder of Quinbrook Infrastructure Partners, David Scaysbrook, says the US Inflation Reduction Act can make Australia a green energy superpower – but not in the way we expect. The policy will fundamentally undercut Australia’s competitiveness exporting green hydrogen, but offers giant opportunities for critical materials. Scaysbrook also expects Australia’s 2023 to be lean in terms of renewable investment, especially when it comes to “vanilla” projects.

Energy infrastructure company CuString has secured federal environmental approval for the massive CopperString 2.0 transmission link that would stretch across north Queensland, helping to unlock large-scale solar and wind investment along with large deposits of minerals key to the energy transition.

The Gladstone Regional Council has ratified an ambitious roadmap that will be used to help the central Queensland city navigate the transition from traditional coal and gas hub to a green hydrogen and renewable energy superpower.

After a productive pilot project that saw solar, batteries and VPP technology installed at 60 public schools in New South Wales, the state government is now seeking proposals to finance, deliver and operate such renewable energy solutions across 2,200 public schools.

Panel shipments collectively worth hundreds of millions of dollars are blocked from entering the United States market as they have failed scrutiny under the Uyghur Forced Labor Prevention Act, said Reuters.