reneweconomy.com.au

Bowen dumps RET for 32GW of auctions in massive policy shift to supercharge renewables (reneweconomy.com.au)

The federal Labor government has effectively abandoned the long standing renewable energy target and will take a hands-on policy approach through a series of auctions to secure 32GW of new wind, solar and storage capacity to meet its ambitious 82 per cent renewable energy target for 2030....

Coalition’s nuclear SMR poster boy cancels flagship project due to soaring costs (reneweconomy.com.au)

NuScale, the controversial proponent of nuclear small modular reactor designs that has been championed by the federal Coalition and technology ideologues around the world, has had its flagship project cancelled because of rising costs....

“The SEC is back:” Victoria flicks switch on state-owned utility in push to 95 pct renewables (reneweconomy.com.au)

Victorian Labor has officially launched the State Electricity Commission, the renewables focused reboot of the publicly-owned utility that, for much of the 1900s, was the sole agency for the state’s power generation, transmission, distribution and supply....

South Australia names winners of world-leading hydrogen tender in race to 100 pct renewables (reneweconomy.com.au)

The South Australia Labor government has announced the potential winners of its landmark green hydrogen tender, which will see the construction of a 250 MW electrolyser and a 200 MW hydrogen gas generator that will be key to managing its accelerating shift towards 100 per cent renewables....

We need new solutions to reach Australia’s 2030 renewable goals (reneweconomy.com.au)

The overwhelming takeaway from industry experts at this year’s AFR Energy & Climate Summit was that while commitment to ambitious clean energy goals remains strong, achieving 82 per cent renewable energy by 2030 is fast becoming unachievable under the existing plan....

Brookfield’s huge wind and solar plans sway regulator on Origin bid, despite network fears (reneweconomy.com.au)

Brookfield, the world’s biggest investment fund with more than $A1.3 trillion under management, has won approval for its contested bid for Australia’s biggest utility Origin Energy, despite regulatory fears that its existing ownership of key network assets could disadvantage rival renewable energy developers....

A final blow to fossil fuels? Environment embedded in grid rules (reneweconomy.com.au)

The Australian Energy Market Commission says it will get to work applying an emissions reduction objective to its rule-making and review processes, setting in motion what has been described as the most important reform to the Australian energy market in decades....

“Lies and fantasies:” Bowen puts $387 billion price tag on Dutton’s nuclear plans (reneweconomy.com.au)

The Federal Labor government has put a $387 billion price tag on the cost of the federal Coalition’s push for nuclear energy, describing those plans as “lies and fantasies” and based around a hatred for wind and solar....

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