Malcolm Turnbull says more "simpler" pumped hydro needed as solar outpaces wind, and insists that Snowy 2.0 will deliver value despite delays and cost blowouts.
The post We need more hydro, Turnbull says: But would many smaller projects have been better than Snowy 2.0? appeared first on Renew Economy.
The first solar-battery hybrid has begun sending power into Australia's main grid in the evening. Dozens of bigger projects are will follow, changing the game for old fossils.
Transparency, accountability, membership and corporate structure will all come under the microscope as part of a major review of the Australian Energy Market Operator.
The post Is AEMO still fit for purpose? Review to probe governance of energy market operator appeared first on Renew Economy.
Charts from TME. Semiconductors are threatening to follow software down as the NDX washout gathers momentum. To call the semis trade crowded doesn’t quite say it. Software doom is at hand. Overnight, Goldman declared the sector the new “Newspapers”. “Historical episodes of major disruption risk suggest that share price stabilization will require stability in the
The post AI wrecks tech appeared first on MacroBusiness.
The Victorian government has introduced a suite of tax increases and new levies that significantly raise holding costs for investors—primarily through lower land‑tax thresholds, expanded vacant‑residential‑land taxes, and new short‑stay levies. These changes mean more investors now pay land tax, and those who already paid are paying more. Therefore, holding costs for investment properties have
Former prime minister Malcolm Turnbull is pushing for more hydro, but is still pumped up by the hard right and the disappearance of the sensible middle. Plus: Big batteries seize the moment again.
The post Energy Insiders Podcast: Malcolm Turnbull on hydro, LNP, One Nation and Trump appeared first on Renew Economy.
As we enter the Chinese Year of the Horse, which signifies dynamism, energy, and freedom, ANZ believes that Chinese growth is entering a new era. While such an assumption is okay in theory, the notion that Chinese growth is about to rise is pretty laughable to me. Total Factor Productivity (TFP) is notoriously difficult to
The post China’s year of the dead horse appeared first on MacroBusiness.
The State of Queensland is running large operating deficits, averaging 3.2% of operating revenue between FY25–FY27. The operating deficit is expected to peak at nearly 6% in FY26. Deficits after capital spending are extremely large: 17–20% of revenue through FY27. A return to operating surplus is not expected until FY28. S&P Global Ratings has affirmed Queensland’s AA+
In Qatar on Thursday, Chancellor Friedrich Merz signaled Germany would be willing to increase arms exports to countries like Qatar and Saudi Arabia as "reliable cooperation partners."
The Australian government has been urged to come clean on security threats posed by climate change following the release of a troubling UK assessment.
Following the resumption of rate rises from the RBA earlier this week, many Australians have been left wondering how things went so badly wrong that the RBA has needed to raise rates only a year after it started cutting them, despite the prior rate rise cycle delivering the largest relative rise in mortgage rates in
The post The rate hike blame game – RBA vs Albo appeared first on MacroBusiness.
Latest Rystad Energy data shows Australia's large-scale wind and solar farms generated 20% more electricity in January 2026 than in January 2025.
The post Wind and solar output leaps 20 pct in January, as west wins on wind and biggest coal grid on PV appeared first on Renew Economy.
Two multi-billion dollar pumped hydro energy storage projects declared Critical State Significant Infrastructure in race to cancel out coal.
The post “Bankable, critical:” State puts two pumped hydro energy storage projects on planning fast-track appeared first on Renew Economy.
Regional Australia should be alarmed by the latest long-term projections from the Centre for Population, which risk tilting the nation’s power balance further in the cities’ favour. To recap, the Centre for Population’s 2025 Population Statement projects that the nation’s population will grow by 3,860,000 over the 11 years to 2035–36, with most (80%) of