Australia
This is how much energy consumers overpaid in 2014-2021
Energy network providers in Australia have been pocketing supernormal profits.
This is how much energy consumers overpaid in 2014-2021
Energy network providers in Australia have been pocketing supernormal profits.
Where to put big batteries within Australia’s ‘skinny grid’
About 400km northwest of Brisbane stands a new 100MW battery energy storage.
Australia’s ZEN Energy, ACCIONA Energía enter 10-year PPA
ZEN will buy 34% of Waubra Wind Farm’s total generation.
Conrad Asia opens IPO for Australian Securities Exchange listing
Proceeds will be used for the maturation of the Mako gas field, amongst others.
LOGOS-led consortium, Solar Bay to install largest rooftop solar in Australia
They will install 60MW of rooftop solar and 150MWh of battery storage.
ACEN unit secures A$140m green long-term facility
This will be used to finance its green assets in Australia.
Government grants $47.5m funding to Australia’s first large scale hydrogen plant
The project is expected to start operations by early 2024.
New climate change laws in Australia enters into force
This includes the Climate Change Act 2022 and the Climate Change (Consequential Amendments) Act 2022.
Zenith, Liontown to build Australia’s largest off-grid RE hybrid power station
It has a capacity of 95 megawatts
Zenith Energy takes control of Western Australia microgrid
The microgrid includes a solar array and battery energy storage system.
BlueFloat, Energy Estate expand AU offshore wind project capacity
The capacity will be increased to over 2GW from 1.275GW.
Global energy crisis speeds up decline of Australia’s coal export
The record high prices of coal and gas will drive the market towards cheaper energy sources.
EnergyCo awards A$9.45m funding to pumped hydro project
It will fund the targeted geotechnical due diligence programme, amongst others.
Australian energy crisis gives rise to new gas supply need
Energy prices rose 400% up to AU$40 per gigajoule.
Queensland’s largest energy storage system starts operation
It has a 100MW of capacity.
ACEN unit bags AU$100m loan for RE project
This forms part of its 20GW target by 2030.
AGL underlying profit down 58% YoY in FY2022
A drop in trading and origination electricity earnings contributed to this.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises