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IEEFA
Renew Economy: French renewable energy and storage developer Neoen has begun work on the first 412MW stage of what will likely be the country’s biggest wind, solar and battery storage project. The company announced on Monday that it had commenced “early works” on the Goyder South wind farm, the first stage of a massive project […]
IEEFA
The Guardian: Queensland’s huge untapped Galilee coal basin was touted as a jobs and revenue bonanza by its supporters, with the potential to liberate hundreds of millions of tonnes of harmful greenhouse gases. The Galilee’s potential as a “carbon bomb” was wrapped up in a dozen or more coalmining projects and estimates of billions of […]
IEEFA
Renew Economy: Australia’s stunning solar year that was 2021 ended with a final flourish, after December delivered a record for utility-scale PV generation, surpassing 1,000GWh in a month for the first time to reach a total of 1,263GWh. The new record was marked by Rystad senior analyst David Dixon, who said on LinkedIn that the […]
IEEFA
Renew Economy: Construction has begun on Tilt Renewables’ massive Rye Park wind farm in New South Wales, the biggest wind project in the state to date, using what will be the biggest wind turbines in Australia. Tilt announced on LinkedIn this month that construction had started on the 396MW project, near Yass in the NSW […]
IEEFA
Renew Economy: French renewables and battery storage developer Neoen says it has begun construction of a 100MW/200MWh big battery in the Australian Capital Territory, after doubling the size of the project because of emerging market opportunities. Neoen is Australia’s most successful investor in battery storage, having built the original “Tesla big battery” at the Hornsdale […]
Johanna Bowyer and Press Release
Government must acknowledge additional coal closures and prepare to support affected communities and workers
9 December (IEEFA Australia): The Australian Government’s Emissions Projections show that 5 gigawatts (GW) of coal-fired generation capacity will close earlier than indicated by the current official schedule published by the Australian Energy Market Operator (AEMO), according to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). The projections from […]
IEEFA
Renew Economy: Australia’s biggest polluter AGL Energy has struck a deal with iron ore billionaire and green hydrogen evangelist Andrew Forrest to turn its Hunter Valley coal fired power stations into a major renewable hydrogen and industrial hub. The vision shared by AGL and Forrest’s Fortescue Future Industries is to power the “Hunter Energy Hub” […]
IEEFA
Renew Economy: Alinta Energy is proposing a 1,000MW wind farm off the coast of Portland in Victoria that could help power the Portland aluminium smelter with up to 100 per cent renewables, and inject green energy into the country’s main grid. The $4 billion Spinifex offshore wind project, first flagged by Alinta CEO Jeff Dimery […]
IEEFA
Renew Economy: Two new reports have highlighted the critical role Australian states and territories continue to play in driving renewables uptake around the country, at the same time as the federal government has consistently undermined investor confidence in the market. The first report from WWF-Australia, ranks the progress of federal, state and territory governments in […]
Tim Buckley
Acceleration is needed on 50%-by-2030 target but Federal Government undermining private investment in zero-emissions capacity
Queensland has made strong progress in driving electricity sector decarbonisation with renewable energy’s share trebling to 21% over the last four years. However, a Queensland Audit Office report released this week wants the state to go faster, calling for accelerated action and a public roadmap to ensure the government’s ambitious 50% renewable energy target for […]
IEEFA Australia: Coal plant closures imminent as renewable energy surges
Several coal power plants in the National Electricity Market likely to be financially unviable by 202524 February 2020 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility and inability to adapt to a rapid influx of renewable energy, finds a new […]