RenewEconomy

16 hours ago | reneweconomy.com.au | Giles Parkinson

The most powerful battery to be built in Australia, and one of the most powerful to be built anywhere in the world, has been making slow progress through its commissioning process and appears set to miss at least some of its early contract revenue targets for fiscal 2025.

1 day ago | reneweconomy.com.au | Giles Parkinson

Two of Austraia’s newest big battery projects have been named as responsible for leading the bidding in some of the highest priced events in Australia’s main grid in the March quarter, as coal and gas plants struggled to keep pace with changes in the five-minute market. High priced events – when the wholesale price can rise to the market cap of $17,500/MWh – matter because they are a key component of consumer bills, given their outsize influence on the average wholesale price over a quarter.

1 day ago | reneweconomy.com.au | Giles Parkinson

Tesla Australia boss Thom Drew on the release of the new Model Y, and supercharger plans. Plus: Riz, Tim and Sam discuss recent test drives and news of the week. You can find previous episodes of The Driven here, or on your favourite podcast platform. Giles Parkinson is founder and editor of Renew Economy, and of its sister sites One Step Off The Grid and the EV-focused The Driven. He is the co-host of the weekly Energy Insiders Podcast.

1 day ago | reneweconomy.com.au | Giles Parkinson

Tasmania has long been regarded as the renewables leader in Australia, thanks to its massive hydro power resources, although that mantle has been challenged recently – by South Australia, which uses only wind and solar, and a change in thinking about how to use its hydro fleet. Over the last year, for instance, Tasmania hydro has supplied only around 59 per cent of local demand, supplemented by wind (16 per cent) and a growing percentage of rooftop solar (3.4 per cent).

2 days ago | reneweconomy.com.au | Joshua S Hill

The New South Wales state government has officially begun seeking expressions of interest for a network operator for the New England Renewable Energy Zone (REZ), which could turn out to be the biggest in the state, despite local opposition led by federal MP Barnaby Joyce. The Energy Corporation of NSW (EnergyCo), the statutory authority responsible for delivering the state’s renewable energy zones, says it is in the early stages of planning the New England REZ.