The 2017 “State of The Energy Market” report has been released by the Australian Energy Regulator with surprising findings. The study which looks into different areas of the energy market claimed that 2016 was one of the most challenging times since 1998 when the National Electricity Market was established. The main areas looked at were […]
The much-anticipated Finkel review of Australia’s energy network says a new Clean Energy Target will encourage new low emissions generation into the market. The ‘Blueprint for the Future Security of the National Electricity Market’ review was commissioned by federal and state energy ministers last year. It was headed by Chief Scientist Dr Alan Finkel, its […]
Global renewable energy capacity saw its largest annual increase ever, reaching 10 gigawatts (GW) of new generation installed worldwide. That’s according the latest Renewables Global Status Report from renewable energy coalition REN21. The report states that in 2016, renewable energy provided nearly 20 percent of the world’s final power consumption. Most of the new growth […]
The Clean Energy Council (CEC) says Queensland’s commitment to a 50 per cent target for renewable energy by 2030 means more jobs, lower prices. The Queensland Government announced a reverse auction scheme this week expected to deliver 400 MW of new projects. CEC Chief Executive Kane Thornton said in a statement that Queensland is in the […]
With the Finkel review imminent the Climate Council has released their 10 top facts regarding electricity in Australia. The report which was released this week looks at the impact that fossil fuels are having on the Australian energy climate and what renewable energy could do to help mitigate the negative outcomes. The Finkel review will […]
The Australian Energy Market Commission (AEMC) and the Climate Change Authority have released a joint Energy Policy report which makes a number of sweeping suggestions. These suggestions aim to transform the current energy market by reducing electricity costs while growing renewable energy such as solar and enhancing power system security. The recommendations effectively drew from […]
Australia’s renewable energy sector has undergone a massive transformation. The rise of storage technologies and falling costs results in a reduced need for renewables subsidies such as those going to solar PV and wind power projects, according to ARENA CFO Ian Kay. In an interview ahead of the Australian Energy Storage Conference and Exhibition 2017, […]
Australia’s Clean Energy Finance Corporation (CEFC) will be able to invest in carbon capture and storage technologies under federal legislation introduced May 31. Removing the prohibition will allow the CEFC to support investment in CCS technologies. This could reduce emissions by 90 per cent. The announcement was made in a statement issued by federal Energy […]
A pro-solar energy group in Noosa, Queensland, is lobbying the local council to turn tourist dollars into rooftop solar. Zero Emissions Noosa (ZEN) presented a proposal to Noosa Council to use $100,000 from its business tourism levy for rooftop solar. ZEN wants panels installed on businesses in the Noosaville Industrial Estate. The estate has some […]
Bundaberg’s Friendly Society Private Hospital plans to install the largest hospital solar array in Australia. The hospital will install 1,253 individual panels over the next three months at a cost of more than $1 million. The array will be funded privately, with no federal or state government assistance. The hospital issued a statement this week, […]
