26 November 2019
Here is the Energy Next news round up for November 2019.
Spread the sun: CEC guides benefit sharing of renewable projects
With 2019 already a record year for utility solar, wind and storage project proposals, Norwegian-based energy analyst Rystad Energy predicts Australia’s renewables boom could see coal-fired generation extinct by 2040.
Federal Government hands $1 billion to Clean Energy Finance Corporation to boost power grid reliability
In what energy experts described as good signal but a drop in the ocean compared to requirements over the coming decades, the $1 billion will be handed to the Clean Energy Finance Corporation (CEFC) for investment in technologies that help to maintain the reliability of Australia's electricity grid.
Free solar system installations for eligible NSW households
Up to 3000 low income households will be provided with a 3KW rooftop solar system valued at $4000 per installation, as part of the $15 million commitment from the NSW Government to reduce the impact of high energy prices.
Highest power prices at night mooted to ease peak-time demand
A state-funded energy think tank is urging the Andrews government to set the highest electricity prices at night to ease demand and help shore up the energy supply.
Electric or hydrogen — which will win the clean car race?
Clean transport is a hot topic, and as we move towards a low-emissions economy and international manufacturers phase out conventional vehicles, both electric and hydrogen are vying for a place.
NSW announces 3,000MW renewable energy zone, and energy security target
New South Wales has announced plans to create its first “renewable energy zone”, seeking to attract 3,000MW of investment in the state’s central west as it accelerates its efforts to attract cheap wind and solar to replace its ageing coal-fired power stations.
NSW between a lump of coal and a hard place
There’s no shortage of action in the New South Wales renewable-energy scene, with some 19.4 GW of large-scale renewable energy projects approved or progressing through the planning system, and around 2.5 GW of grid-scale solar under construction.
Business demand is helping drive the energy transition to wind and solar
Corporate energy users have supported renewable energy development across Australia to the tune of 5.2GW of new capacity and procured nearly 2.3GW of mostly solar and wind powered electricity in just three years, a new report has found.