Regulators reinforce need for ‘massive investment’ in energy sector
Australian energy regulators have called for urgent investments in renewable energy capacity and the transmission infrastructure needed to connect new projects to the grid as they look to ensure an orderly transition as coal-fired generation exits the National Electricity Market.
AGL Energy accelerates plan to abandon coal completely
Australia’s largest electricity generator AGL Energy is accelerating its exit from coal, announcing it will shut down the Loy Yang A power plant in Victoria’s Latrobe Valley a decade earlier than planned, with the company aiming to abandon coal completely by 2035.
Queensland warned more work needed to deliver energy transition
The release of Queensland’s $62 billion energy and jobs plan which would shift the state away from coal power by 2035 has been broadly welcomed but the resources sector has warned the government has plenty of work to do to attract the large-scale investment required to implement the strategy.
WA Bristol Springs solar + hydrogen project edges toward EPC selection
Western Australian developer Frontier Energy has shortlisted two EPC contractors for its Bristol Springs 114 MW solar and, eventually, green hydrogen project south of Perth.
Queensland announces ‘biggest pumped hydro scheme in the world’
Queensland Premier Annastacia Palaszczuk has launched a $62 billion energy and jobs plan, which includes the biggest pumped hydro scheme in the world. The government is also planning to convert publicly owned coal-fired power stations into clean energy hubs from 2027.
H2X launches long-awaited Warrego hydrogen powered ute
Australian startup H2X is finally launching its fuel cell electric vehicle (FCEV) Warrego Ute announced last year. The vehicle is currently undergoing final validation and verification with the company saying it expects to have the model on the market within nine months.
Queensland targets 70% renewable energy by 2032
Queensland Premier Annastacia Palaszczuk has announced the state will now be targeting 70% renewable energy penetrations by 2032 – a significant increase in ambition and a teaser for “one of the biggest announcements our government has ever made” later today.
Retailer secures $150 million expansion investment from South Korea
Hanwha Energy Australia, owner of retail energy business Nectr, has secured $150 million in investment to fast track its Australian growth, including deploying VPPs and developing utility-scale generation projects.
Google to use Australian power tracing tech in Sydney trial
Google will be using Australian company Enosi’s technology to trace its energy use in Sydney, part of its journey towards time matched renewables – a far more ambitious and globally favoured standard.
Edify wins government grid forming battery contract as Victoria pushes storage
Edify Energy has been awarded the contract to deliver a grid forming, lithium-ion big battery in Victoria, which will provide system support services for Victoria Murray River Renewable Energy Zone and contribute to the state’s new storage targets.
