Home batteries hit 600,000 as households play big role in energy transition, but building transmission projects remains "critical", according to the latest AEMO energy plan.
Falling battery costs and a data centre-fuelled dash for gas have overturned decades of accepted wisdom: gas is no longer the cheapest way to meet peak power demand.
Australian super funds manage $4.5 trillion in retirement savings, but directing some of that war chest towards the clean energy transition could be more difficult than it seems.
Over the past year, electric car sales have tripled, as anxiety about fuel shortages and rising petrol prices continues.
Thousands of households with batteries installed under the federal government's scheme are choosing not to sign up to be a so-called virtual power plant that sells stored energy back to the grid.
Australia is leading the world in the adoption of batteries big and small. But in one state, storage is fuelling some perverse and pricey outcomes.
As the federal government races towards its 2030 renewable energy goal, investors warn capital gains taxes changes risk upending the entire effort.
Surging levels of renewable energy and better reliability from coal-fired generators are set to give consumers a break, with benchmark power prices to fall up to 10 per cent for consumers and more for small businesses.
Turner said that for too long, climate has “served as a shield,” in which imputed good intentions can mask backscratching and failure.
A hot summer saw Australians use record amounts of electricity, but the growing share of renewable energy continued to push fossil fuels out of the grid, driving gas generation to its lowest level in 25 years.
Benchmark power prices across parts of the country will ease as renewables reduce wholesale costs for electricity, but the regulator warns its modelling does not account for the war in the Middle East.
The benefits of extremely low energy prices during the day are "washed away" by extremely high ones after dark. But there is light at the end of the tunnel.
The benefits of extremely low energy prices during the day are "washed away" by extremely high ones after dark. But there is light at the end of the tunnel.
Even as Australia appears to have passed the peak of solar uptake, demand for batteries is seemingly headed into orbit.
Even as Australia appears to have passed the peak of solar uptake, demand for batteries is seemingly headed into orbit.
- Popular Related Tags: batteries, renewable energy, news, solar energy, battery, green technology, electric vehicles, electric cars, energy industry, energy storage
- Search for "batteries" on our Eco Web Search