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The Latest Breaking News from Kane Thornton

Energy investment off track for 2030 renewables target

A peak industry body has sounded the alarm over the pace of investment in renewable energy generation and storage, with Australia set to miss the 2030 target.

AAP

Afternoon Update: Trump’s first appearance since shooting; wild weather hits east coast; and a North Korean diplomat defects

Former US president makes dramatic entrance to large cheers at the Republican national convention in Milwaukee

The Guardian - AU

Matt Kean tells clean energy industry to speak out against vested interests ‘undermining the transition’

Former NSW Liberal minister calls on renewables sector to ‘put your mouth where your money is’ in first speech as incoming Climate Change Authority chair

The Guardian - AU

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‘Raises red flags’: Coalition nuclear power plan met with widespread scepticism from business groups

Australian energy sector and industry groups warn of risk of cost blowouts and destroying private sector investment

The Guardian - AU

Experts want more big solar projects, less nuke talk

The number of large-scale solar projects in Australia needs to rise rapidly, but the nuclear power debate could derail progress, industry experts say.

AAP

Nuclear option costs 'six times more' than renewables

Establishing nuclear energy in Australia would require significant taxpayer support and private investment, meaning power bills would go up, modelling confirms.

AAP

'We can do better than this': Hunter anti-windfarm groups rally in Canberra

Members of Port Stephens and Myall Coast groups attend question time.

Newcastle Herald

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Australia needs ‘substantial increase’ in large-scale renewables projects to meet decarbonisation targets

Clean Energy Council data reveals that investment in renewables has fallen to lowest levels since 2018

The Guardian - AU

Industry and states welcome Albanese government’s plan to jump-start stalled renewables investment

Albanese government’s expansion of investment scheme is designed to attract financial investment in new wind and solar farms

The Guardian - AU

Solar and wind roll out hits all-time low

State Government will announce plan for Eraring in coming days.

Newcastle Herald

Eastern Australia hit with rising electricity prices despite record warm weather

Wind output reached record levels in June in the national electricity market, the Australian Energy Regulator said

The Guardian - AU

Renewable energy projects not immune to inflation sting

Robust demand in the global energy transition is adding further price pressure to renewable energy projects after the pandemic and war in Ukraine hiked costs.

AAP

Pace of 'big clean energy' rollout must at least double

New energy construction is building but needs to at least double to meet a national renewable energy generation target of 82 per cent by 2030, industry warns.

AAP

Renewable energy growth must double to meet Australia’s emission goals, Clean Energy Council says

More than 35% of Australia’s electricity last year was supplied by wind and solar, up from just under 17% in 2017

The Guardian - AU

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The New Daily

Revealed: The suburbs, states and territories driving Australia’s rooftop solar boom

A huge shift is underway on the rooftops of Australian households, with new data revealing that households dispatched more solar power.

AAP

Australian solar power production goes through the roof

Australia's small-scale rooftop solar systems set a record during summer, supplying more electricity than brown coal, the Clean Energy Council says.

The Guardian - AU

Australia invests $4.29bn in renewable energy in December quarter, 10 times the previous three months

Despite the year-end spurt the pace remains inadequate to meet targets, Clean Energy Council says

ABC News

Australia urged to boost clean energy spending over claims 'mammoth' US green subsidies bill a threat

Renewable energy developers and operators warn Australia's decarbonisation efforts could be derailed because of massive green spending plans by the US.

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AAP

Survey to support new energy jobs, regions

A new survey is mapping the workforce implications of electrification, with 60,000 clean energy jobs expected to be created by 2025 - mostly in the regions.

AAP

Big Battery 'more useful than big banana'

Harnessing abundant solar and wind for cheaper energy at peak times could be challenging for Australia, hampered by outdated rules and no storage target.

The Guardian - AU

Paying coal and gas plants to supply back-up energy a ‘retrograde step’, Clean Energy Council says

‘It’s the wrong policy debate at the wrong time,’ industry says of capacity mechanism

The Guardian - AU

Demand for rooftop solar batteries surges as eastern Australian energy prices soar

Solar Victoria fielded 50% higher than usual number of inquiries into power storage amid cold snap across eastern states

AAP

Aust 'back on the map' for green investors

The prospect of a government with more ambitious climate and energy transition plans has put Australia back on the map for a green tide of global capital.

Crikey

Aust ‘back on the map’ for green investors

The prospect of a government with more ambitious climate and energy transition plans has put Australia back on the map for a green tide of global capital.

The Guardian - AU

Australia’s renewables boom fading as investors lose confidence, energy council says

Clean Energy Council says Morrison government’s lack of ‘meaningful policies’ and leadership on climate could mark start of downturn

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