Old energy rules were all about locking in cheap base-load power, and supplementing it with more expensive capacity, generally gas, to meet the peaks. The new way is about putting in super-cheap, “base-cost” renewable power at the heart of the world’s grids.
Spot electricity prices have gone through the stratosphere this summer, particularly in Queensland where average prices have been more than double of renewable energy leader South Australia.
It feels like every other day there’s at least one new article touting blockchain as “the next big thing in energy.” But the blockchain is a bit of an esoteric concept to most of us. So, what is it?
Singapore-based PV manufacturer REC has launched the latest version of its TwinPeak solar module. The 60-cell multicrystalline module can deliver up to 295Wp.
German company Senec-IES has begun shipping its battery storage units to the fast-growing Australian storage market, with 2,000 units to be supplied in the first six months of 2017.
The strong growth in large scale renewable project financing in Australia could be just the beginning of major wave of investment, and points to RET being met by 2020.
The Australian rooftop solar market made a strong recovery late in 2016 to slightly beat the 2015 figure, and the early indications look for for the new year.
New York Governor Andrew Cuomo promises declining carbon emissions even as the state closes the Indian Point nuclear power plant.