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Press Release, Tim Buckley and Johanna Bowyer
Setting a target of net-zero emissions by 2050 would maximise employment, investment and export opportunities
11 December 2020 (IEEFA Australia): Australia must align itself with the global push to go carbon-neutral to maintain strong trade in a net zero emissions world, the Institute for Energy Economics and Financial Analysis (IEEFA) notes in its submission in support of a new climate change bill before the Australian parliament. The bill, introduced by Zali Steggall, […]
Trista Rose
Stock market listing slated for 8 December
Coal port operator Dalrymple Bay Infrastructure (DBI) will commence trading on the Australian Stock Exchange (ASX) on Tuesday 8 December. Under the offer, present owner Brookfield Asset Management (Brookfield) is seeking to raise at least A$656 million, equating to a market value (for 100% of the equity) of A$1.3 billion. If defensible, the valuation would […]
IEEFA
Renew Economy: The 500MW Wambo wind farm and associated big battery in the Western Downs region of Queensland has received planning approval from the state government, with construction expected to begin late next year. The Wambo wind project is one of a number of massive new renewable energy projects committed or planned in Queensland. Co-developers […]
Trista Rose
A coal terminal carrying a heavy debt load and increasing climate risks
Preparations to float Dalrymple Bay Coal Terminal (DBCT) on the Australian Stock Exchange appear to be heating up, with a potential listing date slated for the fourth quarter of this year. Initially marketed to private buyers, plans to sell DBCT located at Hay Point on Central Queensland’s coast were shelved in early 2020 after present […]
IEEFA
The Guardian: Queensland has the potential to draw all of its electricity from renewable sources in a 15-year transition away from fossil fuels that would generate almost 10,000 jobs, according to analysis commissioned by the Queensland Conservation Council. Almost 11,000 ongoing jobs would then operate and maintain a suite of energy sources either existing or […]
Press Release and Clark Butler
Study shows Gladstone’s aluminium smelter crucial in decarbonisation and jobs drive
15 September 2020 (IEEFA Australia) – Australia’s failing aluminium sector could move to low-cost, zero-emissions electricity and invest in plant modernisation to support demand response management supplying local heavy industry, according to a new report from the Institute of Energy Economics and Financial Analysis (IEEFA). Putting a lens on the industrial energy demand hub of […]
IEEFA
Renew Economy: Queensland’s newest and most ‘modern’ coal-fired generators have ranked amongst some of Australia’s least reliable, in a new assessment that raises yet more questions around the judgement of the Morrison government, which is pushing for a new coal plant in Queensland’s north. The Australia Institute says in a new report that there were […]
Bruce Robertson
More battery storage equals less gas
Batteries are usurping the role of gas in the power system. Grid scale battery usage is increasing rapidly, and battery cost deflation is faster than wind or solar. Gas companies are finally starting to see this transition, and to act. AGL Energy, a company whose very name is synonymous with the gas industry and who […]
IEEFA
The Guardian: Coal power plants in New South Wales are running less than 60% of the time due to an influx of renewable energy, increasing the likelihood some could become economically unviable and close earlier than planned. An analysis by Hugh Saddler, an energy consultant and ANU honorary associate professor, also found coal generation in […]
Press Release and Bruce Robertson
The Narrabri gas project must be rejected
26 August 2020 (IEEFA Australia): The NSW Independent Planning Commission (IPC) will have no other avenue but to reject the proposed coal seam gas project in Narrabri, New South Wales after assessing the clear and unequivocal evidence surrounding the many economic and environmental, social and governance issues related to the proposal, notes the Institute for […]
IEEFA: Australia should be a net-zero emissions leader
Setting a target of net-zero emissions by 2050 would maximise employment, investment and export opportunities11 December 2020 (IEEFA Australia): Australia must align itself with the global push to go carbon-neutral to maintain strong trade in a net zero emissions world, the Institute for Energy Economics and Financial Analysis (IEEFA) notes in its submission in support of a new climate change bill before the Australian parliament. The bill, introduced by Zali Steggall, […]