The biggest isolated grid in Australia, and the world, hits a remarkable wind and solar peak share of 91 pct, and as its big batteries displace coal and gas in evening peaks.
Alex Joiner, chief economist at IFM Investors, posted the following chart on Twitter (X) showing how underlying (trimmed mean) inflation in Australia has accelerated, raising the prospect that the Reserve Bank of Australia (RBA) will lift the official cash rate (OCR) by 25 bps at next month’s monetary policy meeting. The result meant that trimmed
Record renewables and storage, falling prices and emissions, lowest coal and plunging gas delivers much needed boost for federal government's energy transition.
Ever since it became evident that Trump was likely to be re-elected, I’ve been among the most pessimistic of commentators on the likely course of US politics (most recently here for example). I’ve also been nowhere near pessimistic enough. I assumed that Trump would follow the course of dictators like Putin and Orban, gradually eroding freedom and making his own power permanent. Instead, he’s gone most of the way inside a year.
Documenting a real-world installation of residential solar, battery storage and EV charging system.
The post Video: How a typical Australian home becomes a small power station appeared first on Renew Economy.
Asian share markets are generally higher but all the activity has been localised here on a very hot CPI print that has all but guaranteed an interest rate rise at the RBA February meeting. This kept the Australian dollar elevated but that’s more about the “Sell America” trend as all undollars are dumping the “King”
Work begins on contested wind project, which has fought off court challenges and vandalism, and is now owned by a state government agency.
Company involved in energy upgrades scheme banned because it used doctored photos to make false claims about energy efficiency projects, regulator says.