Clean Energy Council

A new analysis by the Clean Energy Council reveals a dramatic fall in the number of large-scale renewable energy projects committed in the second quarter of 2020, with just three projects representing 410 MW of new capacity reaching financial close – the lowest level since 2017.

As Queenslanders ready to head to the polls, the Clean Energy Council has reminded all parties about the economic opportunity presented by the state’s solar and wind resources.

Hesta, a leading industry superannuation fund trusted by 860,000 Australians, has joined a host of other major investment firms nationwide calling on the Federal Government to encourage large-scale renewable investment by setting an emissions target and cleaning up its strategy.

University of New South Wales researchers have published research disproving claims that the energy transition to large-scale wind and solar would hinder the global economy. The research, which ousts outdated and cherry-picked data while showing the economically salutary effects of renewables, comes as 500 UNSW staff face the axe due to the impact of Covid-19.

The Australian Hydrogen Council is making the most of its universal popularity by singing five new Memoranda of Understanding (MoU) with key organisations in the Asia-Pacific and Canada including the Clean Energy Council and Bioenergy Australia.

Clean Energy Council Chief Executive Kane Thornton has penned a personal plea to Canberra to allow the renewable energy industry to lead the Covid-19 economic recovery, saying the green sector could put the country to work over the next decade if meaningful action was taken now. 

The Clean Energy Council’s latest “Clean Energy Outlook – Confidence Index” shows growing investor confidence nationwide despite the continuance of federal policy ambiguity and the economic impact of Covid-19. Investors and executives singled out NSW in particular as being among the most attractive states for renewable investment thanks to its positive statements and clear strategy.

While investor appetite for large-scale battery storage is rapidly growing, market arrangements need to be amended to streamline the integration and operation of big batteries on the National Electricity Market, finds an analysis by the Clean Energy Council.

A very small number of PV systems installed on Australian rooftops are considered to be potentially unsafe, the Clean Energy Regulator’s new report finds. Water entering DC isolators is identified as the greatest risk and the most common cause of PV system failures.

The government’s task is to identify and develop a suite of energy technologies that can provide low-cost, low-emissions electricity system of the future, and the Clean Energy Council says that this can be achieved by leveraging Australia’s comparative advantage and the mature industry built around solar and wind. Technologies that extend the life of higher cost, fossil fuel generation should not be prioritized for investment, the CEC says, instead, the roadmap should focus on plenty of challenges to accelerate renewable energy investment.