IEA calls peak coal, even as “Age of Electricity” takes hold to boost global power demand
IEA says the world has already passed "peak coal", even with an expected huge boost in global power demand caused by the "age of electricity".
IEA says the world has already passed "peak coal", even with an expected huge boost in global power demand caused by the "age of electricity".
State owned Synergy has formally opened its third big battery, which turns out to the biggest operating battery in Australia after its storage was "re-rated."
Spanish giant completes one big battery project ahead of schedule as it lands a contract for an even bigger project with 10 hours of storage.
Some countries now require data centres to pay more to access grid power, but Australian authorities are split over the issue.
When gas companies drill a dry hole, the tax system shares the loss; when pumped hydro companies drill a dry hole, they carry the cost alone.
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 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.
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.