News

Oil and gas major bp Australia has teamed with gas and engineering company BOC to build what it describes as the first green hydrogen refuelling facility to be installed at an existing petrol station in Australia.

The average global price of solar kilowatt-hours fell 13% on 2020’s prices, as around two-thirds of the renewables capacity installed last year was cheaper than the lowest-cost fossil fuel alternative.

GlobalData has predicted that the global electrolyser market will hit 8.52 GW by 2026. BP and Thyssenkrupp have agreed to cooperate on the use of hydrogen in the steel sector, while electrolyser supplier Nel Hydrogen has secured orders in Australia and Denmark

An international research team has developed a new way to evaluate the economic value of energy storage technologies. They went beyond pure cost assumptions to consider the benefits that such technologies could bring to energy systems.

Renewable energy developer Epuron Holdings has abandoned plans to construct a 5 MW solar farm on a former landfill site in Western Australia after failing to secure a commercial agreement with an electricity retailer to purchase the power to be generated on the site.

Australia’s solar industry can expect to contend with elevated shipping costs and ongoing supply disruptions for at least another year before a ‘normalisation’ of the global ocean freight system.

Researchers from the Australian National University have declared a major roadblock to the electrification of the nation’s transport sector has been removed with a new study showing electric vehicles can handle the long distances required to travel to essential services in Australia’s remote and regional areas.

Prime Minister Anthony Albanese this week gave his first major climate change speech, touting Australia’s future as a renewable superpower and promising Labor’s ambitious new renewable target would “unlock $52 billion of private sector investment.”

Enel and Vulcan Energy are looking at the potential for lithium mining at a site near Rome.

Recycling solar panels keeps them out of landfills, but also provides much-needed raw materials with Rystad Energy projecting a value approaching AU$118 billion (US$80 billion) by 2050.