The Commonwealth Scientific and Industrial Research Organisation (CSIRO) of Australia has issued a report on calculated integration costs of new-build power in the country, which concludes that wind and solar are the cheapest sources.
Vestas, in partnership with Global Power Generation, a subsidiary of the Naturgy Group, has won a 328 MW deal for two wind projects in Victoria, Australia.
GE has announced it has won a contract to supply its geared reaction steam turbine (GRT) for a new waste-to-energy plant located in East Rockingham, Western Australia.
The Australian Government has announced its support for a new gas-fired power plant in Hunter Valley, New South Wales, to replace the ageing Liddell coal-fired power station.
In the General Election campaign in New Zealand, the Labour Party has pledged that it would aim to make 100 per cent of the country’s electricity generation renewable by 2030 if elected, five years ahead of the current Government target.
The Queensland state government has boosted its chances of reaching a 50 per cent renewable energy target by 2030 with the establishment of a $500 million Renewable Energy Fund.
French renewables developer Neoen will build a 400MW solar farm in the Western Downs region of Queensland, Australia after securing a contract to sell most of the power to the state government-owned renewable energy generator CleanCo.
New Zealand electricity power transmission operator Transpower has said that it believes its generation capacity will be around 95 per cent by 2035, reaching 100 per cent by 2050, making use of 6.5GW of solar capacity.
An independent review by the Emissions Reduction Assurance Committee (ERAC) into the Australian Federal Government’s Climate Solutions Fund has dismissed calls to access dedicated climate funding for upgrades to extend the operational life of coal-fired power generators.
The Australian Government has announced that it is putting an additional $1 billion into its publicly-funded Clean Energy Finance Corporation (CEFC), the so-called “green bank” to invest in energy projects.