Clean Energy Council

The remarkable results of what is already being called a ‘historic’ 2022 federal election have put Australia “back on the map” in the eyes of big low-carbon investors.

The Suiso Frontier cargo vessel docked at Victoria’s Port of Hastings on Friday to take on the world’s first shipment of liquid hydrogen. The ship’s arrival is a landmark for the Japanese-Australian Hydrogen Energy Supply Chain pilot project, which sees liquefied hydrogen generated from brown coal, and an engineering milestone in itself. But while the Australian government describes the product as “clean”, experts maintain that carbon capture and storage technology has proven only to be an expensive failure.

Ongoing grid connection issues and concerns about Australia’s unpredictable regulatory and policy environment have been identified as the key culprits with a new report revealing investor confidence in the nation’s renewable energy sector has slumped to a five-year low.

Maoneng has revealed plans to build a 225 MW/450 MWh utility-scale storage system in South Australia.

Plus, even stay-at-home orders and plunging commercial energy demand failed to take the sting out of Australia’s solar duck curve and China’s GCL System counts the first-half cost of the public health crisis.

Portugal set a new coal-free record because of the pandemic as Belgium and Israel moved to help the renewables industry. But there was grim news in Mexico and Turkey, and Bangladeshi clean energy firms have appealed for more assistance.

The Australian network regulator has ignored pleas from some of the biggest solar and wind project owners in Australia to change the way marginal loss factors (MLFs) are calculated. While it has acknowledged that transmission has failed to keep pace with renewable energy investment, it did not offer any suggestions on what should be done to ameliorate the problem.

The government of Victoria has decided to break from national electricity rules and introduce legislation to fast-track priority projects such as grid scale batteries and transmission upgrades, and make room for more large scale solar and wind. The announced reforms have prompted a flurry of reaction.

A new survey by the Melbourne-based Clean Energy Council shows that confidence in new clean energy investment has continued to weaken over the past six months. While a majority of Australian industry representatives expect to hire more people over the next 12 months, the biggest challenges to developing new projects remain unchanged, with the grid connection process, technical requirements, and policy uncertainty at the top of their list of concerns.

Australia’s federal Labor party has pledged to roll out PV generation and batteries at schools across the nation, and to create VPPs supporting up to 365 MW of capacity.