A new report released by Deutsche Bank says the global coal market faces a combined threat of steadily growing supply and a levelling-off or decline in demand. A threat, it says, that should guide rational decision-making to delay all major expansion. But will governments really act rationally?
Articles by Sophie Vorrath
$7.3bn private equity fund Denham Capital has invested $75m in 1GW of Australian wind projects, attracted by wind energy generation that is cheaper than that from new-build fossil fuels. Meanwhile, CSIRO spin-off Windlab Systems seeks its growth opportunities abroad, where policy matches demand.
The latest Cedex report finds the total amount of electricity supplied by Australia’s coal-fired generators at its lowest level in the history of the NEM. But while the report links the introduction of the carbon price to falling emissions and rising renewables output, the reduced demand for coal looks more like the new normal.
Australia’s huge coal industry is resting on a speculative bubble that ignores global carbon budgets and exposure to rapid devaluation
BNEF report finds falling renewables costs will see clean energy account for up to 74% of new global capacity by 2030, despite current market glut.
Brisbane-based EV systems maker launches fast-charging technology, capable of achieving 80% battery capacity in under 30 minutes.
New research from UNSW shows that a medium-level carbon price of between $50-$100 would be sufficient to see all fossil-fuelled power stations in Australia’s National Electricity Market phased out and replaced ‘economically and reliably’ with commercially available renewable energy technologies.
Natural gas is touted as the driving force behind America’s declining emissions. But a new study concludes efficiency is the primary reason.
Report finds Australia’s most energy-intensive companies have potential to more than double energy savings, cutting emissions by 15m tonnes a year.