AGL has recently named grid-scale batteries as potential game-changers in the electricity markets of Australia as it prepares for a big shift in its own consumer base towards household batteries and electric vehicles, Renew Economy reported. During a presentation to the Macquarie Australia Conference, AGL also stated that short-run marginal costs for the current coal …
The boom is small-scale rooftop solar installations has continued into 2019, with total installs for the first month of the year reaching 159.4MW – a record for the month that is typically affected by the summer holiday season. As solar expert Nigel Morris commented in last week’s Solar Insiders podcast, the word around the industry …
New figures from Bloomberg New Energy Finance show that businesses doubled down on renewables in 2018, buying more than twice as much compared to the year before. Corporate power purchase agreements (PPAs) jumped from the 6.1 GW purchased in 2017 to 13 GW in 2018, with most of the action coming from solar and wind power. The …
Despite some positive climate action, new fossil fuel infrastructure is still being built and deployed. Dozens of new coal power plants are currently planned or under construction, for instance, while petrol car sales will nearly hit 100m in 2019. But what if all that ceased tomorrow? It turns out that if we built no more …
The world can limit global warming to 1.5℃ and move to 100% renewable energy while still preserving a role for the gas industry, and without relying on technological fixes such as carbon capture and storage, according to our new analysis. The One Earth Climate Model – a collaboration between researchers at the University of Technology …
The City of Melbourne has become the first Australian capital to use 100 per cent renewables to power its streets and businesses. As a result, ‘Melbourne renewable energy capital’ is a title the city can proudly bear. Melbourne City Council is also the first in Australia to introduce a renewable energy power purchasing agreement (PPA). …
There’s nothing like an Aussie summer to turn up the heat, but are you ready for the subsequent bill shock? Canstar Blue have compared running costs for a range of common cooling products. Then they’ve compared the increased electricity cost you’re likely to face, depending where you live in this wide brown land. This sunburnt country, …
Commercial solar battery cost fell significantly in 2018 and are set for further falls in 2019, according to S&P Global. The financial analyst giant reported a drop of 40 per cent in the cost of installed battery storage between 2017 and 2018. The world also doubled its energy storage capacity between 2017 and 2018 to …
Australia’s grid is teetering on the brink of collapse as the country battles to maintain reserve generation capacity during the worst heatwave since tracking began. As of Thursday, Jan. 24, the Australian Energy Market Operator (AEMO) had issued at least 35 lack-of-reserve (LOR) forecasts in January, compared to just two in December. AEMO issues LORs …
This week, Liberal party donor and coal plant owner Trevor St Baker is proposing with the help of his mates in government to build two new coal power stations in Australia at the expense of taxpayers. However, the big four banks and the big three energy companies are not having a bar of it. Indeed …