Australia
BlueFloat, Energy Estate expand AU offshore wind project capacity
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.
Australia’s energy industry posts 16.7% MoM turnover growth in June
It has the largest percentage growth for two consecutive months.
ARENA funds $1.27m MGA Thermal energy storage project
It has a planned capacity of 5MWh.
AGL expands green hydrogen study in Hunter Energy hub
Fortescue Future Industries will provide green hydrogen for the project.
Australia to provide funding for hybrid solar, heat pump system demonstration
This will be used at a commercial poultry broiler facility.
Neoen, Flow Power ink 40MW PPA for wind farm in Australia
Goyder South Stage 1 wind farm is expected to operate in 2024.
Neoen, Flow Power ink 40MW PPA for wind farm in Australia
Goyder South Stage 1 wind farm is expected to operate in 2024.
AGL invests $27.7m to upgrade Clover hydro power station
This will add 14MW to the output capacity of the Kiewa Hydro Scheme
Monash’s Grid Innovation Hub gets gov’t funding for study on storage market design
The funding is over $345,000 (A$495,000).
ARENA mandate expanded to cover energy efficiency, electrification
Energy efficiency and electrification will help in emissions reduction.
Vena Energy’s hybrid solar, battery project in Australia hits financial close
The 128.5MW project is expected to come online in 2023.
Commentary
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