New Morgan Stanley report claims nearly 50GW of US coal-fired power capacity will be unable to compete against renewables by 2024.
Australian energy market rule maker told to go back and consult with stakeholders over its COGATI process.
Share of wind and solar jumps to 18.7%, while share of coal falls an incredible 8% over 12 months.
WA’s state owned gentailer Synergy has named the booming rooftop solar market as a key factor behind a huge loss and asset write down.
Renewable energy broke through the 20% market share threshold in 2018, for the first time since the 1970s. Meanwhile, coal and gas generation continued to fall.
Canavan says Australia’s “fragile electricity system” needs more “reliable” “baseload” power. TAI report shows booming renewables displacing black coal generation for first time ever, and rooftop solar pulling weight in summer heat.
Second installment of National Electricity Market (NEM) Year in Review looks at how the energy mix evolved in 2018 – the year of large-scale solar.
Greens-led, Labor-backed effort to block Coalition from underwriting coal-fired generation in Australia narrowly defeated in Parliament.
Coalition fast-tracks tender for new “firm capacity” – the proposal looks rushed and designed to encourage life extensions for existing coal fired generators.
Despite the Coalition cheer-leading, data from AEMO and the Chief Economist shows quite graphically that thermal coal is in structural decline – in Australia and globally.