Energy

  • SCEE Electrical awarded $160m contract for Synergy's Collie battery

    ENERGY NEWS

    Synergy awards $160m contract for Collie battery project

    Synergy, Western Australia's leading energy retailer and generator, has awarded SCEE Electrical a $160 million contract to undertake crucial works for the Collie Battery Energy Storage System (CBESS1). This ... more

  • Investment boosts local manufacturing for clean energy projects in WA

    ENERGY NEWS

    Investment boosts local manufacturing for clean energy projects in WA

    Western Australia's energy manufacturing sector will receive a significant boost with a $26.4 million investment by the state government, aimed at driving local jobs. The investment will focus on locally-bui... more

  • NSW govt opens access schemes for Renewable Energy Zones

    ENERGY NEWS

    NSW government opens access schemes for Renewable Energy Zones

    The New South Wales government has announced the opening of access schemes for solar, wind, and battery projects in two Renewable Energy Zones (REZs) in the state. These schemes will provide new opportunitie... more

  • ### **Consultation open for $1b Solar Sunshot program design**

    ENERGY NEWS

    Consultation open for $1b Solar Sunshot program design

    The Australian Renewable Energy Agency (ARENA) has opened a consultation on the design of the $1 billion Solar Sunshot program, announced by the Australian government in March 2024. The program aims to accel... more

  • Synergy awards $160m contract for Collie battery project
    03 May, 2024
  • Investment boosts local manufacturing for clean energy projects in WA
    03 May, 2024
  • NSW government opens access schemes for Renewable Energy Zones
    03 May, 2024
  • Consultation open for $1b Solar Sunshot program design
    03 May, 2024
Qld surpasses 30 per cent emissions reduction target ahead of schedule

QLD cuts emissions by 30 per cent almost a decade ahead of target

Queensland has achieved a significant milestone in its clean economy transformation by surpassing its 2030 emissions reduction target of 30 per cent eight years ahead of schedule. The state reached a 35 per cent reduction in emissions in 2022, according to the latest State Greenhouse Gas Inventory data released by the federal government. This accomplishment is largely attributed to Queensland's vegetation management laws, which have led to a substantial reduction in land clearing across the state. The reduction in land clearing has resulted in significant emission reductions in the land sector, highlighting the effectiveness of targeted legislation in driving environmental…
High interest rates pose challenges to energy transition

High-interest rates pose challenges to energy transition

Wood Mackenzie's latest report, Conflicts of interest: the cost of investing in the energy transition in a high-interest rate era, highlights the challenges posed by high-interest rates to transitioning to a net-zero global economy. The report suggests that if high-interest rates persist, the transition will become harder and more costly. According to the report, the higher cost of borrowing negatively affects renewables and nascent technologies compared to more established sectors like oil and gas, and metals and mining, which remain somewhat insulated. Peter Martin, Wood Mackenzie's Head of Economics and lead author of the report, stated: "Interest rates, which have…
Renewable energy drives down wholesale prices despite rising demand

Renewable energy drives down wholesale prices despite rising demand

Renewable energy generation has played a key role in driving down wholesale electricity prices in Australia's east coast during the first quarter of 2024, according to the latest report from the Australian Energy Market Operator (AEMO). Despite higher temperatures leading to increased electricity demand, the growth in renewable energy has helped reduce wholesale spot prices by 8 per cent compared to the same period last year. The report indicates that renewable energy sources accounted for 39 per cent of the energy fed into the grid, up from 37.4 per cent in the first quarter of 2023. This shift towards renewables,…
Queensland reveals solar panel recycling initiative

Queensland introduces pioneering solar panel recycling initiative

In a landmark move, the Queensland government has unveiled a pioneering initiative to revolutionise the recycling of solar panels within the state. With an investment of almost $5.5 million, this program aims to ensure that thousands of solar panels on homes, businesses, and solar farms across the state are recycled and repurposed instead of ending up in landfills. The funding includes $2.5 million dedicated to repurposing residential solar panels for parts, thereby enhancing opportunities for regional communities to benefit directly from renewable energy solutions. Additionally, the solar panel recovery pilot will gather crucial data to inform the development of a…
CSIRO survey reveals Australians' attitudes towards energy transition

CSIRO survey reveals Australians’ attitudes towards energy transition

CSIRO has released a comprehensive survey providing insights into Australians' attitudes toward the renewable energy transition. The survey, conducted between August and September 2023, gathered responses from more than 6,700 people across all states and territories, including both capital cities and regional areas. As Australia moves towards a low-carbon energy system, the survey aimed to understand public attitudes towards the renewable energy transition and existing and planned renewable infrastructure. This included solar farms, onshore wind farms, offshore wind farms, and the transmission lines necessary for integrating renewable energy into the electricity grid. According to the survey, Australians prioritise affordability, energy…
Victorian apartment residents embrace solar with government program

Victorian apartment residents embrace solar with new program

Thousands of residents in Victorian apartments are embracing solar power, cutting their electricity bills by up to $500 a year, due to the federal and state governments' $16 million Solar for Apartments program. VIC Minister for Energy and Resources Lily D’Ambrosio has announced that due to high demand, the application period for round one of the program has been extended until 31 May 2024. Since applications opened on 13 February, 143 apartment buildings housing 2,477 apartments have applied for the program, with many more expressing interest. Extending the application period will give those yet to apply more time to participate.…
Adani Green Energy surpasses 10,000 MW operational portfolio

Adani Green Energy surpasses 10,000 MW operational portfolio

Adani Green Energy Limited (AGEL) has achieved a significant milestone by surpassing 10,000 megawatts (MW) of operational portfolio. This includes 7,393 MW of solar capacity, 1,401 MW of wind capacity, and 2,140 MW of wind-solar hybrid capacity, delivering reliable, affordable, and clean power to the national grid. The milestone is said to highlight AGEL's commitment to its goal of achieving 45,000 MW of renewable energy capacity by 2030. AGEL's operational portfolio, totalling 10,934 MW, is expected to power more than 5.8 million homes and avoid approximately 21 million tonnes of CO2 emissions annually. Adani Group Chairman Gautam Adani stated: "In…