Australia
Coal-fired generation share in Australia’s electricity to fall to 47% in 2024: IEA
Coal-fired generation share in Australia’s electricity to fall to 47% in 2024: IEA
This is due to capacity retirements and increase in renewables.
ARENA announces $28.8m R&D funding for ultra-low-cost solar
Funding round applications will open in February.
Australia to benefit from Indonesia’s coal export ban: Fitch Solutions
The country is the second largest coal exporter after Indonesia.
5GW of Australia’s coal capacity will close sooner than expected
This will bring down Australia’s coal capacity to 14GW by 2030, the IEEFA reported.
Rooftop solar may cover 77% of Australia’s grid demand by 2026
There will be an additional of 8.9GW on top of 14GW existing capacity of solar.
Australia regulations redirect clean energy funds to CCS, fossil H2
The country’s clean energy market experts lament the new regulations.
Australia’s no. 2 pension fund to abandon thermal coal financing
It plans to invest A$1b in renewables and low carbon energy.
New AEMO head sets ambitious goal of 100% renewable for Australian grid
Newly appointed Daniel Westerman wants the grid to handle 100% renewable energy by 2025.
Energy consortium to build world’s biggest renewable energy hub
The project has an estimated cost of $100b.
AGL shuts down gas power unit in South Australia
Renewables continued lowering of power prices makes it harder for fossil fuels to compete.
Lumea launches plans for ‘first of its kind’ big battery in Australia
The battery will have a capacity of 300 MW.
Australia rejects massive 26 GW renewable energy hub
The government cited environmental concerns as its reason for dismissing the proposed $36b power project.
Zero emission commitments chokes out coal industry in NSW: report
2041 may see the last coal job in NSW sputter out.
Thailand coal power company acquires solar farms in Australia
The acquisition is part of the company’s commitment to greener energy.
How South Australia will pave the way for a wind and solar dominated future
South Australia has successfully gone green in 14 years.
Largest wind & solar project in Australia to launch before end-2021
The wind & solar project has a total of 270 MW energy capacity
Australia’s coal plants may soon go extinct
Wind and solar edging coal plants out of Australia’s power mix.
Commentary
Managing risk for Indonesia’s conventional power sector in a decarbonising economy