The Institute for Energy Economics and Financial Analysis is calling for an independent inquiry into Australia’s electricity networks and their regulators claiming Australians have been overcharged $10 billion (USD 6.5 billion) in the past eight years by distribution and transmission network service businesses making “supernormal” profits from consumers forced to use their poles and wires.
Solar PV module manufacturer REC Group’s “most innovative panel to date” will make its Australian debut at the All-Energy Australia exhibition and conference in Melbourne later this month.
Cemvita claims it can produce hydrogen at the “lowest possible cost,” Deutsche Bahn and Fortescue Future Industries have announced plans to jointly modify diesel engines for locomotives, and the Canadian province of Alberta has started promoting its hydrogen potential in Japan.
Australian outfit BESS Research is teaming up with CellCube, owned by Austria’s Enerox, to target Australian commercial and industrial projects for the potential use of vanadium redox flow batteries.
To quit coal and move to renewables, we need large-scale energy storage. That’s where pumped hydro comes in. Queensland’s ambitious new plan involves shifting from a coal-dominated electricity grid to 80% renewables within 13 years, using 22 gigawatts of new wind and solar. The plan relies on two massive new pumped hydro developments to store electricity, including the biggest proposed in the world.
French renewables developer Neoen has completed the financing for its 100 MW / 200 MWh Capital Battery in Canberra, declaring the project is on track to be operational in the first half of 2023.
From 2023, PepsiCo Australia will trial a hydrogen fuelled heavy duty truck at one of its Brisbane manufacturing sites. The trial is in partnership with Pure Hydrogen, a company positioning itself as a supplier of both hydrogen powered vehicles via leasing arrangements, as well as hydrogen itself.
The Queensland government is looking to jumpstart a local renewable energy equipment manufacturing sector, today calling on electrical manufacturing businesses to register their interest in supplying the thousands of batteries, wind turbines, solar panels, and kilometres of transmission lines the state says it will need to enact its $62 billion energy transformation plan.
Australian gold miner Bellevue Gold has entered an agreement with distributed energy provider Energy Developments Pty Ltd for an off-grid solar, wind, and battery hybrid power station for the flagship project it is developing in central Western Australia.
New South Wales has today opened the first in what’s to be a decade of rolling tenders, part of the state’s momentous vision of fitting out 12 GW of renewable energy capacity and 2 GW of storage by 2030.
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