Despite having the ideal attributes to become a clean energy superpower, Australia has never quite lived up to its potential. Will Norman assesses the barriers and asks whether recent investment announcements could turn the tide.
Australia’s rooftop and grid-scale solar contributed to the majority of the total electricity supply in the national electricity market on 17 September, according to the Australian Energy Market Operator (AEMO).
The Australian National Electricity Market (NEM) faces reliability issues over the next 10 years as coal plants retire and investment in renewables generation and storage continues to lag, according to the Australian Energy Market Operator (AEMO).
Australia requires further investment in generation, storage and transmission to satisfy reliability requirements over the next decade, according to an updated report from the Australian Energy Market Operator (AEMO).
Australia’s recently elected Labor government has revealed the country’s federal budget for the next four years, which includes roughly AU$25 billion (US$16.02 billion) in clean energy investments.
Germany solar developer Wirsol Energy has received development approval for its Maryvale solar and energy storage project in New South Wales (NSW) by the NSW Department of Planning, Industry and Environment.