Australia’s battery revolution is pushing gas out of the grid support business
Australia's most isolated grid is showing the world how the net zero transition will put gas out of the grid support business.
Macro Afternoon
Its not been all roses and sunshine following last night’s rate cut by the Fed with Asian share markets mixed at best while commodity and currency markets are moving into risk off mode on the escalation in the Caribbean by the Trump regime’s seizure of an oil tanker and some questioning around AI spending via
Gas pipeline giant proposes new solar, wind and battery hub for Pilbara
APA wants to build a "large" wind, solar and battery hub deep in the Pilbara near Newman.
The post Gas pipeline giant proposes new solar, wind and battery hub for Pilbara appeared first on Renew Economy.
Aussie tech could give second life to turbine blades in high-tech medical, agri uses
Pacific Blue has funded two research projects to see if Australia-made tech can reuse fibreglass extracted from old turbine blades in high-value sectors.
Victoria: the unemployment state
Thursday’s labour force release for the month of November handed Victoria another unwanted title: the unemployment state. As illustrated in the next chart, Victoria’s trend unemployment rate was the highest in the nation at 4.7%, significantly above the national average unemployment rate of 4.3%: As illustrated below by Alex Joiner from IFM Investors, if you
Origin to “significantly extend” storage capacity of Australia’s biggest battery, to cover evening demand peak
Origin approves expansion of what will already be the biggest battery in Australia as it seeks more storage capacity to fill the evening demand peaks.
Solar Insiders Podcast: Big trouble in the small-scale battery rebate
Smart Energy Council's David McElrea on why federal Labor must make some urgent changes to its super successful Cheaper Home Batteries scheme – and what those changes might be. Plus news of the week.
Far from a bubble?
From the Market Ear: Inverse HS? Is SPX flirting with an inverse HS formation? A proper close above the 6900 area (futures) and things could get squeezy. If November was just a shake out of weak hands, and the trend channel remains the compass, then we have room to push this substantially higher. Russell roaring
Queensland LNP dumps renewable targets, but can they teach their coal plants to dance around solar?
Australia’s labour market is weaker than it looks
The latest Statement of Monetary Policy from the Reserve Bank of Australia (RBA) forecasts the unemployment rate will remain at 4.4% through to the end of 2027. Today, the Australian Bureau of Statistics (ABS) released the November labour force report, which reported that the unemployment rate remained at 4.3% in both seasonally adjusted and trend