Report calls for planning reforms as 20 GW of renewables added to project pipeline
Data from international consultancy Rystad Energy shows that 82 new renewable energy generation and battery storage projects corresponding to more than 20 GW of capacity were proposed across Australia’s National Electricity Market in the first quarter of 2024, with developers largely focused on Queensland and New South Wales.
H2EX and Black and Veatch assess white hydrogen potential of South Australian site
Australian-owned hydrogen and helium technology company H2EX, and US-based Black and Veatch conduct 5,991 square kilometre study on Eyre Peninsula in pursuit of white hydrogen.
Renewed focus on electricity network for reliability, climate objectives
As Victorian homeowners call for better grid infrastructure after outages left thousands without power this week, new data from research company Rystad Energy suggests the whole world’s transmission network may be a stumbling block to energy transition.
Southeast Asia turns to floating PV to solve land limits, Rystad finds
While facilitating utility-scale solar farms co-existence with agricultural land near transmission networks is an ongoing challenge in Australia, in Southeast Asia similar problems is resulting in the growth of floating PV (FPV) installations.
NSW home to 13 of the top 20 performing solar farms in November
New South Wales was home to 13 of the top 20 performing solar farms in November, with the state generating 682 GWh from utility-scale PV. Overall, Australia’s large-scale renewable generation was up 7% from the previous November, Rystad’s Senior Renewables Analyst Dave Dixon said.
Australia labelled world’s ‘most volatile’ electricity market
Australia’s power market is experiencing the most pricing fluctuations of anywhere in the world, according to research from Rystad Energy. This volatility is a result of unplanned coal plant outages, natural disasters impacting transmission lines, and high solar penetration pushing down midday prices.
Rystad forecasts 150 GW of new solar in 2023
Rystad Energy believes China could be on track for another record year in 2023, with expectations for more than 150 GW of new PV capacity. The Norwegian consultancy says the country could also potentially install 165 GW in 2024 and 170 GW in 2025.
Battery capacity overtakes pumped hydro in NEM
The energisation of two new battery projects totalling a combined 150 MW has seen the charging capacity from grid-scale battery energy storage systems surpass that of pumped hydro in Australia’s national grid.
European warehouses store 40 GW of unsold solar panels
Rystad Energy says that about €7 billion ($7.8 billion) of solar panels are now being stored in Europe, but European developers continued to buy solar modules from China throughout the first half of this year.
Solcast sheds light on utility PV performances across Australia
Observations shared by solar data and forecasting provider Solcast have shed new light on the impressive performances of New South Wales solar farms which dominated the utility PV generation performance rankings last month.
