Tasmania’s pumped hydro potential of 4800MW from just 14 “high potential” sites, at half the cost of Snowy 2.0 – and renewable.
Rule changes proposed by AEMO in response to the grid’s rapid transition to renewables have sparked vigorous debate about what precautions are necessary, and what are just “gold plating” generation assets.
Queensland government gives development approval to 800MW wind farm – the state’s largest – that could be built with 400MW solar farm and battery storage.
REN21 report says record 98GW of solar capacity added globally in 2018, 52GW of wind, and 178GW total of all renewables. But other sectors – including transport, heating, and cooling – coasting along “as if we had all the time in the world.”
Company behind new “Renewable Energy Hub” says wind, solar clearly delivering electricity at 40% discount from the grid.
Climate Change Authority recommends office of National Wind Farm Commissioner be extended by three years, and broadened to oversee large-scale solar and battery storage development.
Victoria gives planning approval for 40MW wind farm near Horsham to be developed by German company.
CEC report details record-breaking year for solar, wind, batteries in Australia – and “just a glimpse” of unprecedented level activity expected in next two.
The two five-year transactions will protect the new solar projects’ revenues from the financial risks associated with uncertain production volume, timing of energy generation and future energy prices.
Snowy Hydro tenders for 800MW of wind and solar capacity, hoping for prices in $40/MWh range, and sub $80/MWh “firming” contracts, and underline case that renewables plus storage beats coal.