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Boral today announced that its ambitious emissions reduction targets for 2030 have been approved by the
Science Based Targets initiative (SBTi) as consistent with the levels required to meet the goals of the Paris
Agreement.
The Australian Energy Market Operator and the Clean Energy Council have published the Connections Reform Roadmap, seeking to improve process for new renewable energy, energy storage and hybrid projects connecting to the National Electricity Market. This is the result of a unique industry-wide collaboration as part of the Connections Reform Initiative (CRI).
A grid-connected battery and solar farm are being planned by Meridian Energy north of Auckland in to improve the stability of New Zealand’s national grid, reduce the chance of network outages and allow more electricity to flow north from South Island generators.
The Australian Renewable Energy Agency has announced $2.9 million in funding for Evoenergy to utilise new technologies to improve and manage electricity network congestion at peak times which will enable Canberrans to benefit from and better use their Distributed Energy Resources.
The Australian Energy Council, the peak body for Australia’s electricity generators and retailers, has announced its support for an economy-wide emissions reduction target of 55% on 2005 levels by 2035.
Toyota Motor Corporation has introduced 16 battery-electric vehicles and announced investments totalling almost $100 billion in carbon-reducing and carbon-neutral vehicles and technologies between now and 2030.
Clean energy leader Ria O’Hehir has been appointed to the board of the Smart Energy Council in
recognition of her contribution to the industry.
Following deployment in an air conditioning trial, CitiPower and Powercor have retained the option to use mPrest’s mDERMS application suite to provide low voltage network Demand Response (DR) and load management as it looks to support Australia’s energy transition.
2021 was a challenging year on many levels, but Corporate Purchasing of Renewables continues to be key feature of the energy market. The Business Renewable Centre Australia’s annual State of the Market report has found that after a record year in 2020 where 1.3 GW of capacity were signed through Corporate PPAs in 2021 deals for 770 MW have been signed in the period to end October 2021 amidst the on-going COVID impacts and low wholesale electricity prices.
Green energy company Port Anthony Renewables (PAR) has completed a heavily oversubscribed capital raising as it positions itself to develop the largest hydrogen hub in south-eastern Australia. Its focus is green hydrogen production and export.
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