Australia’s new Labor government has raised the country’s 2030 emissions reduction target as it vowed to support the transition to renewables by investing in transmission infrastructure and energy storage.
The Australian Energy Market Operator (AEMO) has suspended the country's wholesale power market after a collapse in generation rendered the spot market impossible to operate reliably.
Energy major bp will acquire a 40.5% stake in and become operator of a green hydrogen project in Western Australia that could feature up to 26GW of solar and wind when complete.
The Australian state of New South Wales (NSW) will invest AU$1.2 billion (US$856 million) in new transmission lines and infrastructure over the next ten years to accelerate the connection of planned renewable energy zones.
Around 1 million households in New South Wales (NSW) will soon be eligible to receive a free rooftop solar system as the Australian state also begins a registration of interest process for its latest renewable energy zone (REZ).
Australia’s new prime minister, Anthony Albanese, has pledged to make the country a renewables “superpower” following his Labor Party’s victory in Saturday’s federal election, which ousted predecessor Scott Morrison’s conservative coalition.
Solar PV and other renewables account for more than a third of electricity generation in Australia’s National Energy Market (NEM) in Q1 2022, coal’s share slipping by five percentage points year-on-year.
Grant funding has been awarded to a project in Australia that will explore the potential revenue streams and consumer interest in used solar PV panels.
