Sustainability

The war in Ukraine has acted as a brutal wake-up call for governments to act and reduce their dependence on Russian fossil fuels. Many have pledged to hasten project timelines for renewables, but there are mixed reports about impacts on investor confidence and projects under development in Ukraine’s neighboring countries. Marija Maisch reports.

Australian technology billionaire Mike Cannon-Brookes has become the single largest shareholder in AGL after Grok Ventures, the private investment company he owns with wife Annie, bought an 11.28% stake in the public company last night. The move appears to progress the billionaire’s plan to use the free market to force the decarbonisation of Australia’s biggest emitter from the inside out. In other words, the world’s largest single decarbonisation project is back on.

PV ICE uses the latest data from the solar industry to model the flow of PV materials over the next several decades, helping to predict the effects of different market trends, technological developments, and government policies.

The town of Walpole on Western Australia’s southernmost tip will soon be powered by a pumped-hydro microgrid, a first for the state which is already renowned for its rollout of microgrids and distributed renewable solutions.

Compared to fossil fuels, the renewable industries’ lobbying is weak and the sector does not advocate for itself with enough force, Independent MP Zali Steggall said yesterday.

Over 90% of Australia’s fuel is imported – something recent geopolitical events have illustrated is a serious vulnerability. This issue was the focus of an emergency fuel security summit held yesterday in Sydney. The event was attended by a number of industry leaders and independent members and candidates who put forward solutions to tackle the devolving situation.

Nitin Gupta, chief executive officer and co-founder, Attero Recycling, speaks to pv magazine about the supply chain concerns for lithium battery storage manufacturing in India, current battery recycling scenario and Attero’s capacity.

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.

West Australian company Vulcan Energy Resources, backed by mining magnate Gina Rinehart, has signed a geothermal heat energy offtake agreement with a major German energy supplier, MVV Energie. Vulcan is planning to eventually secure a lithium supply from the same deep brine source in the Upper Rhine Valley, Germany.

Australia’s most powerful energy industry participants have actively resisted the move to a low-carbon economy. Now, the country known as a sandbox for technology has become a sandbox for a new model for decarbonisation – one which has seen billionaires and giant fund managers sidestep politics to use the free market in strategic and potentially disruptive ways. pv magazine Australia’s Bella Peacock reports.