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?
Report names Australia’s ‘big four’ banks as heaviest lenders to coal and gas expansion in Barrier Reef area, sparks calls for customer boycott.
$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.
Dyesol shares have charted some impressive gains since last week’s announcement of a solar cell efficiency breakthrough. Should we be excited?
A new printing device installed at CSIRO’s Melbourne labs is allowing scientists to produce Australia’s largest thin film solar cells.
Australia’s huge coal industry is resting on a speculative bubble that ignores global carbon budgets and exposure to rapid devaluation
Dream to see concentrating solar power plant built in Port Augusta lives on as ‘warrior’ mayor loses battle with cancer.
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.
BNEF report says $90/tCO2 carbon price would make South Korea ETS world’s most ambitious. Plus: SolarCity posts loss.
IEA says global EV sales are on track to meet its 2°C scenario – but only with the right policy and dramatically lower battery costs.
Reports ARENA is facing cuts of up to $200m. Plus: Dyesol’s tech ‘quantum leap’; UK Green Bank commits £635 million to 11 projects.
The announcement of Tesla’s milestone quarterly profit sent the EV maker’s shares soaring almost 30% in after hours trade.
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.
Victorian Dept of Health report finds no evidence to support claims inaudible low-frequency infrasound produced by wind farms causes illness.
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.
