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Sustainability

IEA report reveals shift to clean energy accelerating

Solar has been described as the “star performer” by the International Energy Agency which has forecast that global investment in clean energy is on course to rise to $2.61 trillion (USD 1.7 trillion) in 2023, with spending on solar set to eclipse outlays on oil for the first time.

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Curtailment of renewables grew almost 40% in last year, AEMO says

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.

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Building nature-friendly solar parks

Hungarian company SolServices has published a white paper outlining ways to make solar farms more compatible with nature and wildlife, from insects and amphibians to birds, bats, rodents and big game.

Weekend read: Indonesia’s race to net zero

Coal-dependent Indonesia has huge solar potential but progress toward a net zero economy has been sluggish, explain Daniel Kurniawan and Fabby Tumiwa from the Institute for Essential Services Reform (IESR), an Indonesian thinktank.

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Why Australia needs friends (and a climate AUKUS) to reach its climate goals

AUKUS has been widely hailed as Australia’s largest-ever defence investment and the Quad as a new focus for defence strategy – but what do they mean for our energy landscape? SMA’s Joshua Birmingham argues it’s time to look beyond defence cost and grow our relationships to fight the climate change war.

Territory targets ‘renewable energy hub’ with budget spend

The Northern Territory government has committed $12 million (USD 8.05 million) in its latest budget to accelerate the development of a “sustainable” industrial hub that will be largely powered by renewables as it looks to continue the overhaul of its electricity system.

Clean energy takes centre stage in federal budget, industry reactions

The Albanese Labor government has delivered its 2023 – 2024 budget, placing energy front and centre. The budget takes the government’s total spend on making Australia a renewable superpower to $40 billion (USD 27 billion). While many in the industry have applauded the budget, there are some glaring contradictions.

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Australia warned of over-mining risk in rush to secure critical minerals

Australia is at risk of over-mining key transition minerals by relying on “overblown” demand assumptions, according to a new report which warns policy steps to encourage responsible and sustainable use of critical minerals, such as improved battery recycling, are being ignored.

Feds launch national body to seize clean energy opportunities

A new national authority to help plan and coordinate Australia’s transition from fossil fuel production and associated industries to a renewables dominated economy has been unveiled ahead of next week’s Federal Budget.

Failure to cut energy consumption stymies Australia’s net zero progress, ABS statistics show

Data from the Australian Bureau of Statistics has shown that while renewable generation in Australia has increased significantly year on year, the country’s progress towards net zero is stymied by the failure to reduce consumption.

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