News

The sun is shining, the weather is sweet. In this Opinion and Analysis piece, Lumi Adisa, Director of Energy Market Analytics at NEOM and ex-Investment Director of Energy Markets at Octopus Investments Australia, presents a deep dive into the unprecedented impact of rooftop solar in the NEM. As rooftop solar continues to drive changes in the intraday demand and price trends, it is evident that customers will remain a significant part of the energy transition for years to come.

Planning permits have been granted to two large battery projects by Victoria’s planning department: the existing Elaine Battery Energy Storage System (BESS) by Akaysha Energy has been approved for expansion at its four-hour energy battery, and Flow Energy’s BESS project at Bennett’s Creek that will further transform the former coal country into a hub for 24/7 renewable energy.

BloombergNEF says historically low module prices will drive the global solar industry to record installations in 2023.

The Philippines Department of Energy says the Maharlika Consortium – representing three companies – will develop two microgrid hybrid solar and diesel generator power plants for “underserved” communities located on Panlaitan island and the island of Mindoro.

A fire at one of Australia’s biggest lithium mines has left it unable to process ore for the past days. The fire at Mineral Resources’ Wodgina mine in Western Australia has since been brought under control and the company says shipping will not be impacted.

The Victorian government will repay, with interest, electric vehicle owners who paid a road-user charge later deemed unconstitutional by Victoria’s High Court.

Investment in Australia’s renewable energy sector is more than 10 times lower than where it should be to reach 2030 targets, according to the Clean Energy Council calculations. Australia’s “sluggish” large-scale segment is the result of a confluence of issues, and illustrates the urgent need for the federal government’s newly supercharged Capacity Investment Scheme.

Wood Mackenzie says in a new report that China could install 230 GW of PV and wind capacity and export more than 200 GW of solar panels in 2023. Unlike Europe and United States, the country is avoiding the high curtailment of PV and wind.

While mitigation remains the best strategy, Amy Steel argues it is now vital to start having frank discussions around climate adaption.

German researchers measured a PV-powered heat pump with battery storage in a single-family home in Freiburg, Germany, for a period of a year. It features smart grid-ready tech that adjusts operations based on the grid.