AGL Energy secures PPA of below $60/MWh for 453MW Coopers Gap Wind Farm, to be built in Queensland by 2019 after reaching financial close Thursday. AGL chief says deal signals private sector’s readiness to invest in Australian renewables – but warns policy certainty still vital.
Australian energy storage industry registers thousands of protests against Standards Australia’s proposed home battery ban. Industry body says if draft adopted, the energy storage industry in Australia and globally will be “thrown into chaos.”
Despite an upbeat renewables outlook, Origin Energy CEO says the market is not out of the woods yet, and that for investment to keep up momentum, policy stability remains at a premium, and the introduction of a Clean Energy Target is critical.
South Australia government chooses solar tower and storage for its power needs, after SoalrReserve wins tender for baseload power with $78/MWh for 150MW plant in Port Augusta. South Australia suggests it is beginning of the end for coal.
First it was the networks, then generators. Now it’s the retail arms gouging consumers. A bipartisan review of Victoria’s retail electricity market reveals a failed experiment that has delivered the most inflated power bills in Australia.
Researchers at Netherlands’ AMOLF Institute develop method to make solar panels green. Next stop, red and blue – and maybe even white.
The SA Premier talks eggs, sausages, solar thermal, battery storage… and why the federal Clean Energy Target still matters.
Origin Energy lost electricity customers but grew revenue, price and margin for the full-year 2017. Overall the result was strong at virtually every line.
Will Australia’s large-scale renewable energy target be met on time? And what will happen if we move to a CET? Plus AGL’s uncontroversial result; and crunching numbers on SolarReserve’s Port Augusta project.
Market Forces will lodge a new shareholder resolution against Commonwealth Bank after its climate change position statement released today fell well short of its publicly-made 2 degree commitments.
Australian company Energy Renaissance says it has “sealed deal” with NT government, locking in Darwin as preferred site for 1GWh lithium-ion battery manufacturing plant.
A call to retailers; Information about discounts will be simpler, but you’ll still have to do the legwork to shop around.
US EV and battery maker opens new retail store at Brisbane’s Fortitude Valley, with show room, service centre and four EV super-charging bays.
IMF says subsidies to global fossil fuel industry reached $A6.7 trillion in 2015 – or $A18 billion a day, or $A12 million a minute.
The PM only had to push energy reforms slightly further to make a world of difference, and protect consumers from the “laziness tax” exploited by utilities.
Canadian start-up claims it can deliver lowest installed cost per kWh for bulk energy storage with compressed air technology.
Euro Solar forced to surrender STCs or replace PV modules after being found to have installed non-compliant solar panels, as part of a Clean Energy Regulator crackdown on Australia’s rooftop solar industry.
EnergyAustralia says profits fell as it got hit by having to buy gas, but it was offset by increased gains from its retail business as consumer bills surged.
The interesting takeaway from EnergyAustralia’s interim results, and other news from the NEM week that was.
Tesla says battery storage can deliver many grid services provided by gas generators, and thinking otherwise is like supporting paper records over digital files.
Tesla is emphasising profitability from its solar business, which has undergone significant transformation since the company bought SolarCity.
In “Australasian first”, 250kW Tesla Powerpack added to 660kw wind turbine, to provide 75 per cent of energy for NZ salt manufacturer.
The transition to a clean, affordable and equitable supply of energy is finely on the agenda in Australia, compounded by soaring electricity prices and the mostly favourable response to the Finkel review.
South Australia’s energy security target could increase electricity prices while providing an incentive for power companies to pump out more carbon emissions.
Queenslanders apparently blame renewables for price rises, even though they have any. But don’t get between a poll and a Murdoch campaign.
