RenewEconomy
News and analysis for the clean energy economy
Parliament’s suspension means the Morrison government’s key energy initiatives, including the $1 billion Grid Reliability Fund, are stalled, along with private investment.
Snowy 2.0 tunnel segment factory gets planning approval as environmental groups and energy experts call for project to be halted, pending independent review.
NSW and ARENA chip in funding to complete feasibility study into 600MW/7,200MWh pumped hydro project, central to New England REZ plans.
Genex says Kidston pumped hydro project in north Queensland certain to go ahead after landing a re-worked deal with EnergyAustralia.
Reports suggest Genex Power is days away from inking an offtake deal for its 250MW Kidston pumped hydro project in northern Queensland.
Tasmania Liberal government says it will release a new Renewable Energy Action Plan in April, to chart the path to updated target of 200% renewables generation by 2040.
Windlab simulation of 96% renewable NEM shows very high renewables penetration is possible with boosted wind and solar, firmed by existing hydro and readily achievable levels of storage.
Genex says its pumped hydro plans at Kidston remain “an outstanding opportunity for large-scale energy storage,” in a half-year result marred only by Kidston solar plant outage.
ARENA says it has chosen preferred pumped hydro storage project in South Australia, but won’t release name until negotiations for $40m grant are complete.
National Parks Association of NSW argues there are serious flaws in Snowy 2.0 business and environmental case and calls for an independent review of the project.
