Some 12GW of renewable generation assets and 2GW of energy storage are set to come online in New South Wales (NSW) over the next ten years as part of state government plans to replace an ageing coal fleet and deliver lower electricity prices for consumers.
Ambitious proposals to ramp up green hydrogen production in Chile and South Australia have been announced this week, as both look to take advantage growing supplies of renewables to help decarbonise their economies and meet green energy targets.
Interest-free loans for rooftop solar and the development of at least 250MW of large-scale battery storage are among the policies put forward in a new power-sharing agreement for the Australian Capital Territory.
Western Australia has granted environmental approval for the first 15GW stage of a renewable energy hub focused on green hydrogen production that could eventually reach 26GW of solar and wind generation.
Rooftop PV is set to be the fastest-growing form of new capacity in Western Australia (WA), with renewable energy forecast to reach a minimum of 70% generation capacity by 2040, a new roadmap for the state reveals.
The Australian Renewable Energy Agency (ARENA) will broaden its mandate to explore the development of energy storage and hydrogen after securing fresh funding.
