Its a sea of red across Asian share markets as margin calls from the precious metal collapse cause equities to fall over although there was a fair amount of regional data that added to the volatility, including poor Chinese PMI prints and weird moves on Korean markets. The USD remains on a tear against the
The post Macro Afternoon appeared first on MacroBusiness.
Welcome to the age of psychological manipulation…
Tesla has unveiled its newest energy product during and the buzzy new item is, in fact, a rooftop solar panel, launched at a tumultuous moment for the EV maker.
The post Tesla unveils its newest energy product – a rooftop solar panel appeared first on Renew Economy.
Plans to develop a hybrid solar and battery facility with up to eight hours of storage duration and 10 electric vehicle charging bays given federal green light.
The post Hybrid solar and eight-hour battery facility with “EV servo” gets federal green light appeared first on Renew Economy.
Large-scale renewable energy certificate prices have hit a new low, as demand continues to stagnate, falling below $6 per megawatt-hour (MWh) for the first time.
The post Renewables certificate prices hit new low in response to demand that “just isn’t there” appeared first on Renew Economy.
Gina McCarthy, Obama's former EPA chief and Biden's climate czar, on the move to resist and overturn Trump's devastating policies. Plus: News of the week, and a perfect quarter for Australia.
Jennie George is a former president of the ACTU and a former Labor federal MP who represented Throsby from 2001 to 2010. Recently, George has taken a stand against her former colleagues to exert pressure on the Albanese government regarding gas policy, renewables subsidies, and energy security. In a comment published in The Australian last
The unsung depression in the Chinese economy continues. It is supposed to be enjoying a manufacturing boom, yet the manufacturing PMI has averaged a decline of 49.7% after the COVID reopening, contracting 27 out of 36 months. Celebrated exports have done far worse. The Services PMI is not much better and is trending down. Led
The post Chinese depression deepens appeared first on MacroBusiness.
Batteries are clearly impacting evening peak spot prices, resulting in lower average spot prices and lower expected baseload futures prices
The post Big batteries are pushing down current and expected prices in the evening peaks appeared first on Renew Economy.
An electrochemical process to make green iron with renewable energy is ready for a 100kg pilot, after an ARENA-funded study proved it works in the lab.
The post Fortescue’s low temperature green iron process ready for real world testing appeared first on Renew Economy.
Snowy 2.0 launches tunnel boring machine Monica, which it hopes will succeed where Florence has failed and get the huge pumped hydro project back on track.
The post Snowy 2.0 sets new tunnel boring machine to work, completes 46 underground concrete pours appeared first on Renew Economy.
With One Nation surging in the polls, another Coalition MP is reportedly seeking defection, according to Sky News. Barnaby Joyce has confirmed that One Nation will announce a major political defection within 24 hours but refused to reveal the identity of the new recruit, saying the announcement would come from leader Pauline Hanson. One Nation
Victoria has legislated a target to source 95% of its electricity from renewable energy by 2035. This is one of the most ambitious renewable energy targets in Australia and globally, designed to accelerate the state’s transition away from cheap brown coal toward cleaner energy sources, such as wind and solar. The Renewable Energy (Jobs and
Former Home Affairs Minister-turned-Housing Minister, Clare O’Neil, regularly lamented that Australia’s migration system was too temporary and held the nation back. “Today, really for the first time in our modern history, our uncapped, unplanned temporary program is the centrepiece and driver of our migration system. This simple fact is the source of huge problems”, O’Neil bemoaned
Two new charts reveal distinct dynamics in Australia's main grids, highlighting the diminishing role of gas even in short-term operations.
The post Gas is being squeezed by renewables – every 30 minutes appeared first on Renew Economy.