Policy

Australia’s Macquarie is leading a consortium that has reportedly tabled a €2.5 billion ($3.65 billion) bid for a clean energy business formed by French private equity houses InfraVia and Eurazeo.

TBEA-owned Xinte Energy says it cannot produce polysilicon quickly enough to meet demand and wants shareholders to back its bid to quadruple its manufacturing capacity by mid 2024.

With its promise of cheap, easy ‘god molecules’ flowing inexhaustibly from the ground, it’s no wonder natural hydrogen is piquing interest. Sometimes referred to as ‘gold’ or ‘white’ hydrogen, Avon McIntyre, executive director of HyTerra, an Australian company in the space, told pv magazine Australia natural hydrogen projects should have smaller carbon footprints than sprawling green hydrogen plays and, moreover, would be ready quicker. Enticing as it sounds, unknowns remain.

The US National Renewable Energy Laboratory’s (NREL) final report on the future of storage presents “key learnings” from a series of six in-depth studies.

Australia’s inventories of critical materials for batteries have seen major increases recently, with vanadium up 23%, lithium up 8%, rare earths up 4% and platinum group elements up 185% in the year to December 2020.

Transgrid and the Commonwealth Government have come to a $75 million underwriting agreement for the construction of the Victoria to New South Wales Interconnector West, a key piece of network infrastructure in the Australian Market Operator’s Integrated System Plan for the increased integration of renewables and maintaining reliability amidst the retirement of coal-fired power.

An attempt by the Morrison Government to extend the closure requirement notification for electricity generators from 3.5 years to five years will likely have “limited” impact, says industry observers. Federal Energy Minister Angus Taylor announced the move today, requesting that the Australian Energy Market Commission (AEMC) enact the rule change.

The Greens have announced a $6.1 billion plan to boost the uptake of electric vehicles and reestablish auto manufacturing in its previous hub, South Australia.

Photovoltaics can wipe out 4.25 billion tonnes of carbon emissions every year this decade, according to the UN Intergovernmental Panel on Climate Change. Even so, the actions announced so far remain way short of what is needed, with capital flows to fossil fuels still greater than the cash directed toward combating climate change.

The Western Australian Government has announced $1 million in funding for the first phase of a feasibility study into a 600-800MWh battery and green hydrogen industrial hub in the coal town of Collie. The state government has promised the town, which has been powering Western Australia with its two coal mines since the 1880s, a ‘just transition.’ Sunshot Energy, chaired by eminent energy economist Ross Garnaut, is undertaking the study which could deliver a ‘just transition’ to Collie and green ammonia and urea to the agricultural and industrial sectors.