Energy
The Australian Energy Market Operator (AEMO) has released its latest Electricity Statement of Opportunities (ESOO), painting an optimistic picture of Australia's energy future. The report indicates that renewable energy, storage, and transmission improvements are enhancing the reliability of Australia's electricity grid. According to the ESOO, renewable energy now accounts for…
Pacific Blue appoints Travis Neal as Chief Financial Officer
Pacific Blue, a prominent renewable energy generator and retailer, has announced the appointment of Travis Neal as its new Chief Financial Officer (CFO). Neal brings a wealth of experience to the role, having worked across various sectors including resources, infrastructure, renewable energy, government, and the not-for-profit sector. His career spans…
Global offshore wind capacity set to surge, reaching 520 GW by 2040
The global offshore wind sector is poised for significant growth, with installations expected to surpass 520 GW by 2040, according to a recent report by Rystad Energy. Despite facing challenges such as inflationary pressures and supply chain disruptions, the industry demonstrated resilience in 2023, achieving a 7 per cent increase…
Australia’s path to net zero narrows, but remains achievable
Australia's window for achieving net zero emissions by 2050 is rapidly closing, but a new report suggests the country could still align with the Paris Agreement's goal of limiting global warming to well below two degrees Celsius. BloombergNEF's New Energy Outlook: Australia report outlines the dramatic transformations required in the…
Horizon Power signs historic agreement with Nyul Nyul people for Clean Energy Future
Western Australia's regional energy provider, Horizon Power, has reached a significant milestone by signing its first Indigenous Land Use Agreement (ILUA) with the Nyul Nyul people of Beagle Bay in the Kimberley region. This groundbreaking agreement marks a crucial step towards a sustainable and inclusive energy future for remote communities…
Australia advances towards higher renewable energy integration
Australia is making significant strides in its transition to renewable energy, as evidenced by two new engineering reports. These reports, focusing on the National Electricity Market (NEM) and Western Australia's South West Interconnected System (SWIS), outline strategies to overcome technical barriers in the shift from coal to renewable energy sources.…
Australian research calls for major policy shift to harness rooftop solar
A new report from RACE for 2030 is calling for a significant overhaul of the country's energy policy and research focus to create a power system fit for the 21st century. The report highlights Australia's world-leading adoption of renewable energy by consumers, with a third of households already generating some…
CQUniversity and Sunshine Hydro partner to develop innovative Mini Superhybrid technology
CQUniversity has announced a groundbreaking partnership with Sunshine Hydro to develop a Mini Superhybrid™ technology, aimed at advancing Central Queensland's decarbonisation efforts and establishing a globally significant testbed for long-duration energy storage and renewable energy. The collaboration, formalised through a Memorandum of Understanding (MoU), will focus on developing and trialling…