National program AustraliaFunding and incentivesGreen pricingConcern about climate change and concerted international action to reduce greenhouse gas emissions are powerful new drivers for renewable energy. The production and use of non-transport energy is the source of 62% of Australia's net greenhouse...
What Australia needs to boost large-scale renewable energy projects They overall generated a total of 509 MW, mainly from financially committed projects. Financial Year 2023 has been a challenging year for the development of grid-scale renewable energy projects, which attained an overall 509 me...
SYDNEY, Oct. 18 (Xinhua) -- An iron ore operation in Western Australia’s remote Pilbara region is set to become the nation’s first mine site powered by 100 percent renewable energy. Announcing 24.2 million Australian (16.5 million U.S.) dollars in funding for the groundbreaking power schem...
The Federal Government has set-up the Australian Renewable Energy Agency and the Clean Energy Finance Corporation, both of which have been instrumental in supporting and financing renewable projects in Australia. Both agencies are now focusing more on adjacent industries (such a 'green' hydrogen). T...
AU$1.5 billion funding for Renewable Energy Zones (REZ) and offshore wind in Victoria, and AU$4.7 billion for critical transmission upgrades in New South Wales (NSW). There were plenty more announcements around support for the critical minerals supply chain, including battery and solar PV manufac...
“Australia is one of the first countries heading towards a mainly solar and wind based renewable energy system, so in a sense we are the international pathfinder to move towards a solar and wind future,” says Andrew Blakers, professor of engineering at Australian National University. “Snowy ...
Renewable energy: Australia bets on a ‘water battery’ He said the deepest cable sits at depth of 1,600m, linking Sardinia to the Italian mainland but Prysmian is developing new technology that can go down to 3,000m. The Asian Renewable Energy Hub initially planned to build a subsea cable...
renewable energy, not to mention the country’s ambitious climate targets[1]. In particular, as the world champion in per‑capita solar installation with a capacity of 1,166W per person at the end of 2022, Australia has seen an unwavering rise in demand for energy storage for excess ...
sustainability Review Australian Renewable-Energy Microgrids: A Humble Past, a Turbulent Present, a Propitious Future Simon Wright 1, Mark Frost 2, Alfred Wong 2 and Kevin A. Parton 3,* 1 Institute for Sustainable Futures, University of Technology Sydney, Sydney, NSW 2007, Australia; simon....
64 At issue is that funding from carbon offsets has a negligible impact on the buildout of already low-cost solar and wind resources. Meanwhile, the emerging CDR credit market has seen a significant increase in investment, particularly from technology companies. CDR credit purchases grew from 4 ...