Plunging wind and solar costs put “hydrogen” economy at tipping point, with Australia urged to lay groundwork for opportunity to develop “green fuel” exports to replace coal and gas, a market potentially worth $40bn a year. ARENA likely to make it one of its key investment priorities this year.
Pitching Tasmania as a ‘renewable energy engine’ for the nation is probably clever politics , but the main problem is that it’s simply fanciful.
UK goes without coal power for 24 hours; a first since start of industrial revolution, but set to become “more and more common.”
AEMC’s fundamental blind spot on “environmental sustainability” is at the core of why the rule-maker is providing poor advice to COAG and why the system is failing.
Scenarios by Australian Market Operator suggest wind and solar could be capable of providing 80 per cent of South Australia’s electricity demand within 5 years.
Powerlink has commenced work to expand its Clare South substation to help deliver one of Australia’s largest solar farms.
The Trump administration, through the Department of Energy, has started withholding money for grants already approved by the agency.
Tasmania’s grand plans to spend $3 billion on pumped hydro and new links to become the “renewable battery” of Australia may be undone by the plunging cost of battery storage.
Just how long can the Australian government and gas industry continue the charade that there might be a solution to surging domestic gas prices? It beggars belief that business is not following lead of households and smaller commercial users and investing in cheap and cleaner alternatives for power and heat.
Acciona Energy breaks ground on Mt Gellibrand wind farm, a $258m project that was fast-tracked after winning a Victorian government tender.