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Energy Storage Battery
2022-06-16
Increase in Battery Storage Use Could Push Australian Electricity Prices Even Higher
Data collated by Cornwall Insight Australia, looking at battery storage operations from June 2021 to May 2022, has shown a link between the increase in the amount of electricity dispatched from batteries and higher electricity prices.
Hydrogen Project
2022-06-16
Oil Giant BP Swoops for Largest Stake in $36BN Green Hydrogen Mega-Project in Australia
Supermajor to take 40.5% share and lead operation of 26GW Asian Renewable Energy Hub in Western Australia
CCS
2022-06-16
World’s Largest CCS Project Set for Sanction in 2023
Santos' Bayu-Undan scheme could take foundation volumes from its Barossa gas development.
Offshore Wind Power
2022-06-14
Corio Plans Second Major Australian Offshore Wind Farm
Corio Generation has announced a 2.5 GW wind farm off the coast of Victoria, named Great Eastern Offshore Wind, bringing its Australian offshore wind portfolio to 4 GW.
Pumped Storage
2022-06-14
Queensland Puts A$48 Million Into Studies for Potential Large-Scale Pumped Hydro Sites
Australia’s first new large-scale pumped hydro energy storage (PHES) plant in nearly 40 years is being built in Queensland and the state’s government is now exploring options for more.
Energy Transition
2022-06-13
Renewable Electricity Storage May Be the Key in Australia’s Energy Crisis
This more beneficial than the proposed capacity mechanism.
Electric Vehicle Battery
2022-06-10
The World Is Scrambling for Lithium Supply
As a crucial component in EV batteries, lithium prices have skyrocketed.
Coal-Fired Power Plants
2022-06-10
Australia’s AGL Coal Plant Outage Extended to September
AGL Energy said on Friday it expects a unit down since April at one of its power stations will restart in late September.
Electricity Transmission
2022-06-10
Australian State to Invest $850 Mln in Power Grid
Australia's New South Wales state on Friday said it would invest A$1.2 billion in new transmission lines over 10 years.
Hydrogen Project
2022-06-02
An Emerging Australia-Japan Hydrogen Supply Chain
The outbreak of the Russia-Ukraine War reconfirmed Japan’s energy insecurity, but also highlighted the potential of Australia-Japan energy cooperation.
Net Zero Emission
2022-06-02
Australia Beefs up Investments in Bid to Meet Net Zero: Report
It is poised to make a $300m investment in CCUS projects in the next decade.
Gas Turbine
2022-06-01
Milestone for Australia’s First Carbon Offset Power Station
EnergyAustralia’s Tallawarra B power station in Yallah has received a 372-tonne fast-start gas turbine, which will form the centre of Australia’s first carbon offset gas and hydrogen power plant.
Energy Storage Project
2022-05-31
Australia’s New Government ‘Should Consider Renewable Electricity Storage Target Policy’
An energy storage target policy could be an effective way for Australia’s new government to follow through on decarbonisation promises while insulating consumers from electricity price shocks.
LNG
2022-05-31
Europe’s Dash for Gas Puts Australia’s LNG Import Plans at Risk
Europe's race to replace Russian gas supply has threatened Australia's plans for five gas import terminals as they compete for key infrastructure, raising the risk of a supply shortfall in Australia's populous southeast in the next two years.
LNG
2022-05-30
Shell Greenlights $2.5 Bln Crux Gas Project off Australia
Shell Plc said on Monday it had given the go-ahead to develop the Crux gas field off Australia, which analysts estimated would cost around $2.5 billion.
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China's Investment into BRI Countries Expands in Jan.-May
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Renewed Focus On Energy Security Prompts Nearly $2 Trillion Investment in Clean Energy Since 2020, Iea Finds
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EDF Wins 250MW in French Offshore Tender
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Scottish Government Triples Offshore Wind Investment in 2025/26 Budget
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BHI Provides Brightnight With US$25 Million in Financing