The Albanese government is caught between twin pledges to double renewable energy and to end Australia’s steady stream of native species extinctions.
The energy industry is warning greater co-ordination is needed to ensure new supplies are built in time for more coal-fired power plant closures.
Australian governments will need to spend taxpayers’ money soon to build the industries of the future,says former Labor minister Greg Combet.
The CEO of a major Australian power utility says clean hydrogen could replace gas in power plants within a decade,eliminating the need to go nuclear.
Australia can bid for solar cell factories,but if we lack the power to run them,the hope is forlorn.
Despite the government’s $1 billion announcement this week,Australian solar manufacturing could disappear as several companies said they have already been approached to move offshore.
There is widespread support in the opposition for a conversation on nuclear energy,but several Coalition MPs say they are worried the opposition is moving too quickly.
AGL will partner with a start-up backed by its biggest shareholder,Mike Cannon-Brookes,to assess building a first-of-its-kind solar panel factory in the NSW Upper Hunter region.
The Minns government has so far not disclosed the terms of its negotiations with Origin Energy ahead of a likely extension beyond 2025.
Australia has the world’s highest uptake of rooftop solar panels with one in three households having them. However,only 1 per cent are manufactured locally.
A wind farm backed by Andrew Forrest’s Fortescue and a hydrogen start-up chaired by ex-Woodside boss Peter Coleman have both failed to get planning approvals.