The Australian energy market could benefit from a major change

Australian Energy Market - Powerline

Report predicts $20 billion in savings from a shift in the energy sector A major shift in the Australian energy market could help save $20 billion a year in combined fuel and electricity costs, according to a new report from the Community Power Agency. The report outlines a plan wherein homes and businesses acquire their power from renewable sources. It also predicts that 40% of all transportation throughout the country with be emissions free by 2035. Nicky Ison, a co-author of the report, notes that political battles over renewable power…

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Researchers develop innovative new battery system that can efficiently store renewable energy

Renewable Energy Research - RMIT Univeristy City Campus Buildings

Researchers develop world’s first rechargeable proton battery Researchers from the RMIT University in Australia have developed what they are calling the world’s first rechargeable proton battery. The battery is designed t make use of carbon and water instead of lithium. As such, it is somewhat less expensive than its conventional counterparts. The battery itself produces no harmful emissions and can store electricity in an efficient manner. Researchers claim that it is a sort of hybrid between a chemical battery and a hydrogen fuel cell. New system acts as a hybrid…

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Australian Gas Infrastructure Group launches new hydrogen fuel production project

New Hydrogen Fuel Project in Australia

New production project aims to use renewable energy to generate hydrogen The Australian Gas Infrastructure Group has plans to make greater use of hydrogen in the coming years. In February, the company announced plans for a $8.9 million power-to-gas demonstration facility, which would use renewable energy to produce hydrogen fuel. The project is expected to be the first of its kind in Australia to be active, but will not be the last. The company’s efforts represent an ongoing endeavor throughout Australia to use excess renewable energy to produce hydrogen. New…

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Australian Northern Territory announces new plans for renewable energy

Australia Renewable Energy - Solar power in the desert

Territory aims to generate half of its electricity from renewable sources by 2030 Australia’s Northern Territory has announced plans to embrace renewable energy more aggressively. The government hopes to generate no less than 50% of its electricity from renewable sources by 2030. Notably, the government intends to provide grants to homeowners that make use of clean power. According to officials, these homeowners may be eligible for grants up to $750, which will help them install solar panels, battery systems, and various renewable energy solutions. Renewable energy will allow territory to move…

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South Australia looks to expand its renewable energy and storage capabilities

Renewable Energy - Wind, Solar, Earth

Government calls for proposals for new projects The South Australian government is calling for project proposals from companies that may be interested in renewable energy. The state is looking to secure new projects that focus on clean power, bioenergy, and energy storage. Such projects will receive aid from the Renewable Technology Fund, which has some $150 million in backing. Companies are being invited to submit proposals for innovative projects that could help South Australia establish a greater foothold in the renewable energy space. Energy storage is becoming a major priority…

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Renewable energy reaches a major milestone in Australia

Australia Renewable Energy

Clean energy can provide power for 70% of Australia’s homes Renewable energy has come to establish a significant presence in Australia. Indeed, clean forms of power, when combined, could actually satisfy most of the country’s energy demand. According to Green Energy Markets’ first Australian Renewable Energy Index, clean power can generate enough electricity to power 70% of Australia’s homes. Once new solar and wind projects reach completion by the end of this year, the clean power sector will be able to generate enough electricity to power 90% of the country’s…

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Huge biofuels pilot plant announced in Australia

The development of renewable energy in Queensland would help to address climate change. Queensland, the second largest and third most populous state in Australia, is improving its renewable energy efforts by establishing a biofuels pilot plant. The state government has secured the $16 million facility for Gladstone in central Queensland. If the project is successful it could result in the state establishing a large-scale alternative fuel industry. The development of renewable energy in Queensland will also help to protect the Great Barrier Reef. The Great Barrier Reef is located off…

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Carnegie achieves success with its wave energy project

The ground-breaking CETO 5 Perth Project has completed 12 months of operations. The Western Australia (WA)-based company, Carnegie Wave Energy, has successfully completed a full year of operating its innovative CETO 5 Perth Project, which marks the completion of its final milestone, which was one of the requirements for its many state and federal government grant funding agreements. The company has submitted all CETO 5 grant milestone invoices. The company officially turned on its onshore power station for its Perth Wave Energy Project 12 months ago. This marked the launch…

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Sand could be new key ingredient for renewable energy storage

Researchers develop low cost thermal energy storage device that could store large amounts of power. South Australian company, Latent Heat Storage, has developed a Thermal Energy Storage System dubbed TESS, a low-cost and highly scalable renewable energy storage device that is based on the latent heat properties of silicon derived from sand. The TESS stores energy as thermal power and can be integrated anywhere within an electricity network. How the device stores power as thermal energy is it heats and melts containers full of silicon. Silicon’s high latent heat capacity…

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Undersea wave energy may soon be harnessed

Researchers make undersea renewable energy breakthrough. Carnegie Wave Energy and Western Power have teamed up to develop the first wave energy island microgrid in Australia, which could result in technology, known as the CETO 6 Project, that has the capability of harnessing the power of underwater waves, reported Nature World News. Buoys under water will transfer energy from waves to onshore hydroelectric power plants. The CETO 6 Project will be constructed six miles off the coast of a small Australian island located near Perth, known as Garden Island. The renewable…

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Spanish bank pulls out of Australian renewable energy market

Banco Santander is selling off its only investment in the Australian renewable energy space Banco Santander, Europe’s largest bank in market value and one of the world’s largest financiers of renewable energy projects, is leaving the Australian clean energy market. The bank has sold its only renewable energy investment in the country, opting to leave Australia due to policy uncertainty coming from the Australian government. The country’s renewable energy market has been shrouded with uncertainty in recent years due to government policies that favor conventional forms of power over environmentally…

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New solar energy record set in Australia

Research team breaks world record in solar energy production efficiency Researchers from the University of New South Wales in Australia have set a new record solar energy efficiency. The research team made use of solar cells that are commercially available, but opted to use these cells in a new way. This allowed the team to improve the efficiency of solar panels by a significant degree, meaning that these energy systems were able to generate electrical power more effectively than their conventional counterparts. 40% of sunlight converted to electrical power by…

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Solar energy hits turbulence in Australia

Australian utilities are coming together to oppose the expansion of solar power Solar energy may be in for some turbulence in Australia. The country has become one of the most attractive markets for solar power, largely due to its abundant exposure to solar radiation and the interest that consumers have in clean energy, but the solar sector is beginning to see a great deal of opposition come from the country’s utilities and government. Australia’s major energy utilities have banded together in order to petition the government to end all subsidies…

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Australia sets sights on renewable energy for the future

Country to embrace renewable power in aggressive style Renewable energy has been making strong progress in Australia in recent years. The country has become a promising market for both solar and wind energy, despite the government making major changes to its policies supporting the adoption and development of renewable energy projects. The Australian Energy Market Operator has announced that the country is beginning to move away from fossil-fuels in an aggressive way with an initiative that may establish the country as a leader in the clean energy sector. New energy…

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Solar energy demand falls in Australia

Australian solar energy sector experiences turbulence Demand for rooftop solar energy systems in Australia has been falling, according to a new report from Green Energy Markets, which was commissioned by the REC Agents Association. Over the past two years, Australia has established itself as a relatively attractive home for solar energy projects. The country is working to distance itself from fossil-fuels to some degree, thus an increased focus on renewable energy. In 2012, Australia crossed the 1 gigawatt threshold of solar energy capacity, but demand for residential solar power systems…

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Sydney sets 100% renewable energy goal

Sydney to become a renewable energy haven Australia has become a strong advocate of renewable energy. Various kinds of initiatives and clean energy projects have taken root within the country and Australia has plans to cut emissions through the use of these projects over the next several years. One of the country’s largest cities, Sydney, has adopted an ambitious goal concerning renewable energy. According to Allan Jones, the Chief Development Officer of Energy and Climate Change for the city, Sydney will rely entirely on renewable energy by 2030. Initiative aims…

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