Biofuel the forgotten renewable energy, report says

Posted on April 03, 2018. Australasian News.

Source: https://www.smh.com.au Australia’s biofuel industry has the potential to add more than 8000 jobs and $1 billion a year in revenue to the economy despite being neglected for more than a decade. Queensland University of Technology economists have outlined how Australia could lift its energy security by increasing the levels of locally-produced biofuels and bioproducts…. Read more »

Coalition backbenchers unite to lobby for coal under banner of Monash Forum

Posted on April 03, 2018. Australasian News.

Source: https://www.theguardian.com/ A group of 20 Coalition backbench MPs have put their name to a manifesto warning against the “demonisation” of coal, the Liberal MP Craig Kelly has revealed. Kelly – the chairman of the government’s backbench committee on the environment and energy – confirmed the existence of the Monash Forum, which supports the use… Read more »

How renewables trumped brown coal and gas over Australia’s summer

Posted on March 28, 2018. Australasian News.

Source: http://reneweconomy.com.au In reading some of the panic-stricken media commentary about the impending blackouts we were supposed to have this summer, you might have been led to believe that renewable energy doesn’t contribute much at all to ensuring the lights stayed on. If it ain’t baseload then it isn’t any good, some people want you… Read more »

Oil and gas sector jittery about immediate impact of move away from fossil fuels

Posted on March 28, 2018. Australasian News.

Source: http://www.sharechat.co.nz While New Zealand’s government said a transition away from fossil fuels will take several decades, concern about the immediate future is running high in the sector given investment already sunk into exploration. Earlier on Tuesday, Minister of Energy Megan Woods told an annual oil and gas conference the government is committed to  “a… Read more »

Tas govt want $122m for cable failure

Posted on March 27, 2018. Australasian News.

Source: https://www.theaustralian.com.au The Tasmanian government wants $122 million in compensation from the operator of a Bass Strait electricity cable that failed and contributed to a state energy crisis. The state government on Tuesday lodged a dispute against Basslink, claiming it is owed damages over the six-month cable outage in late 2015. Its failure coincided with… Read more »

Energy park consultation continues

Posted on March 27, 2018. Australasian News.

Source: https://www.theflindersnews.com.au Neoen hosted a community open day in Crystal Brook on Monday to provide the community the opportunity to ask questions and make comments about the proposed Crystal Brook Energy Park which if it is approved, will start construction in approximately 18 months. Garth Heron, Head of Development for NEOEN Australia says they have come… Read more »

Zibelman: Old energy market rules make no sense

Posted on March 26, 2018. Australasian News.

Source: reneweconomy.com.au The head of the Australian Energy Market Operator, Audrey Zibelman, says Australia is transitioning to a new energy system faster than any other economy, but this transition could be held back because its energy market rules are rooted in the past. “You can’t expect the technology to move as fast as it is… Read more »

Kidston solar farm lays out case for “going merchant”

Posted on March 26, 2018. Australasian News.

Source: http://reneweconomy.com.au It is rare to get an insight into the actual financial mechanics of Australia’s solar farms, given so few have actually finished construction, but the latest update from Genex Power, the owners of the new 50MW Kidston solar farm, makes for interesting reading. It underlines why some developers and investors in Australia are prepared… Read more »

Macquarie makes first big play in Australia wind and solar projects

Posted on March 15, 2018. Australasian News.

Author:Giles Parkinson  Source: http://reneweconomy.com.au  Macquarie Group, one of the biggest players in financing renewable energy developments in Europe and the US, has made its biggest push into its domestic market with an equity stake in the new Murra Warra wind project in Victoria. The 226MW first stage of Murra Warra – located some 30kms from Horsham… Read more »

RES achieves financial close for 1st stage of Murra Warra

Posted on March 15, 2018. Australasian News.

Source: Renewables Now   UK-based project developer Renewable Energy Systems (RES) today said it achieved financial close for the first stage of its giant 429 MW Murra Warra wind farm project in Australia. RES and Macquarie Capital are providing equity finance for this first stage while debt financing of approximately AUD 320 million (USD 252m… Read more »