South Australia

IEEFA Research

IEEFA: A loss of excise tax revenue should not stall the uptake of electric vehicles in Australia

IEEFA: A loss of excise tax revenue should not stall the uptake of electric vehicles in Australia

More pragmatic focus would be incentivising industry and modernizing the grid

8 June 2021 (IEEFA Australia): A new tax on EV users is unnecessary as the Australian (Commonwealth) government is well placed to deal with the potential revenue impact of the inevitable move to electric vehicles, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). Global automotive manufacturers have committed almost […]

IEEFA: Zero to 60% in 14 years – South Australia’s success in transitioning to renewables

IEEFA: Zero to 60% in 14 years – South Australia’s success in transitioning to renewables

Seven important lessons for energy planners around the globe in transitioning grids from fossil fuels to renewables

3 June 2021 (IEEFA Australia): South Australia offers vital lessons for other jurisdictions transitioning from a fossil fuel-based electricity grid to a low emissions, high renewables grid, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). “The proportion of South Australia’s electricity demand met by large scale and small scale variable […]

IEEFA: Regulatory over-reach in South Australia’s switch-off of household solar

IEEFA: Regulatory over-reach in South Australia’s switch-off of household solar

There are other solutions to minimum demand issues in the grid

28 April 2021 (IEEFA Australia): New measures allowing rooftop solar systems in South Australia to be remotely switched off without householders’ knowledge has set a worrying precedent, according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). The rooftop solar cut-off measures give energy authorities powers to switch off […]

IEEFA: Folly of wasting Australian taxpayer cash on Beetaloo gas 

IEEFA: Folly of wasting Australian taxpayer cash on Beetaloo gas 

Australia’s economic recovery from COVID-19 heading to a 'dead end'

The Australian Government’s obsession with wasting taxpayers’ money on gas is leading Australia’s economic recovery from COVID-19 to a “dead end”, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report finds that all indicators show Australian consumers and the country’s main export customers will use less gas […]

IEEFA Australia: Port of Newcastle’s roadblock on the path away from thermal coal

IEEFA Australia: Port of Newcastle’s roadblock on the path away from thermal coal

Planned fossil fuel exit by the world’s largest coal port is paralysed by lending constraints and a secret NSW government deal

The Port of Newcastle’s planned exit from fossil fuels suffered further setback last month after ANZ withdrew financing from the terminal, presently the world’s largest port for exporting thermal coal. ANZ had previously been a major lender to the port, however divested its position during the latest round of refinancing of approximately A$900 million in […]

March 18, 2021 Read More →
IEEFA Australia: Coal plant closures imminent as renewable energy surges

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 2025

24 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 […]

IEEFA: Australia should be a net-zero emissions leader

IEEFA: Australia should be a net-zero emissions leader

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, […]

More News and Commentary

Mining giant BHP signs deal for renewable energy to run Olympic Dam mine in South Australia

Renew Economy: Global mining giant BHP says it has signed a landmark deal with Iberdrola Australia to slash its emissions at the giant Olympic Dam mine by taking power from the new Port August Renewable Energy Park in South Australia. Olympic Dam is one of the biggest copper, gold and uranium deposits in the world, […]

October 14, 2021 Read More →

Transgrid estimates Australia renewables could hit 91% by 2030

Renew Economy: One of Australia’s largest transmission network operators, presiding over the nation’s most coal dependent state, says the national grid could – and should – be 100% renewable powered by 2035, with all coal generation phased out completely by 2032. Transgrid, which manages and operates the high voltage electricity transmission network in New South […]

October 13, 2021 Read More →

Australia renewables deliver record 35.4% share of generation to grid

Renew Economy: Renewables delivered a record 35.4 per cent share of generation on Australia’s main grid in the month of September, one of many new benchmarks set in this transformative spring, and underlining the accelerating pace of the energy transition. The fact that a record share is set in September is not surprising, given that […]

October 6, 2021 Read More →

Morrison boosts support for carbon capture with tax credits

The Guardian: The Morrison government has increased support for controversial fossil fuel projects that promise to capture and store carbon dioxide emissions by approving a plan to award them carbon credits. It followed the oil and gas company Santos saying a proposed carbon capture and storage (CCS) project at its Moomba gas well in South […]

October 4, 2021 Read More →

South Australia solar hits new record of 106 percent of state demand

Renew Economy: The combination of rooftop and large scale solar met all of South Australia’s demand, and more, during multiple trading intervals on Saturday, highlighting once again the rapid progress of renewables in Australia’s main grid. South Australia is already a world-leader with an average of more than 62 per cent wind and solar in […]

October 4, 2021 Read More →

New South Wales dramatically increases emissions reduction targets

Renew Economy: The NSW Coalition government has dramatically increased its emissions reduction targets for 2030, setting a new goal of a 50 cut from 2005 levels as part of plans to be a “renewable energy superpower” and attract more than $37 billion in clean energy investment by the end of the decade. The new 50 […]

September 29, 2021 Read More →

South Australia rooftop solar closer to providing 100% of demand

Renew Economy: Rooftop solar PV has a few important new benchmarks in South Australia, contributing 84.4 per cent of total energy demand on Sunday afternoon, as well as setting a new low for minimum “operational demand”. The 84.4 per cent rooftop solar share was set in a five minute interval at 1.15pm, on a mild […]

September 27, 2021 Read More →

Share of renewables on Australia main grid hits new record of 61.7%

Renew Economy: Just before state and federal energy ministers met on Friday to discuss the future design of Australia’s electricity market, records continued to tumble with renewables setting new benchmarks for total output and the biggest percentage to date. At 1.15pm on Friday, according to OpenNEM, the share of renewables on Australia’s main grid, the […]

September 24, 2021 Read More →
IEEFA Australia: ‘Race to replace’ – We need to tie new energy capacity with the exit of old generators
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IEEFA Australia: ‘Race to replace’ – We need to tie new energy capacity with the exit of old generators

There are many options to manage the energy transition that don’t involve capacity payments

Uncertainty in the national electricity market is driving investment risk, due to high levels of uncertainty around coal exits, short term market contracting, early mover disadvantage in power technologies subject to deflation, and unpredictable government intervention, among other things. The Energy Security Board’s capacity mechanism has been proposed as a solution to these challenges. It […]

Final turbine installed at Australia largest wind and solar hybrid farm

Renew Economy: The final turbine has been installed at what will be Australia’s biggest wind and solar hybrid facility, with “energisation” expected soon as the connection approval is finalised and first production due in the next three months. The 317MW Port Augusta Renewable Energy Park (PAREP) combines 50 wind turbines and more than 250,000 solar […]

September 21, 2021 Read More →