Energy markets

Divestment's big week; Nigeria kickstarts solar

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The week in clean energy saw the Rockefellers and Mars standout amid an upbeat climate summit in New York, while Africa's biggest sub-Saharan economy looks set to get serious about renewables.

Electricity spot prices crushed from all sides

Strong winds and historically low demand saw wholesale power prices drop markedly yesterday – with the oversupply also affecting Brisbane hub gas prices.

Coal getting its 'mojo' back: Mackenzie

by AAP
BHP chief upbeat despite met coal retraction.

Chile becomes first South American country to tax carbon

President signs off on laws targeting 50MW-plus generators with $5/tonne tax.

US quintet plan 2100MW wind and storage project

Wyoming proposal would run 845km line to supply energy-hungry LA.

Latin America has '9GW solar pipeline to 2019'

Switch to utility-scale projects in Brazil, Chile, and Mexico to boost market: analysts.

IEA: 4 charts showing how solar will achieve dominance

The energy agency sees a 2050 with PV contributing 16% and concentrated solar - after an equatorial boom - tipping in 11% of the world's electricity supply, making solar the dominant energy source.

Climate experts slam Energy Green Paper

One of the main objectives of the Abbott Government's energy green paper – increasing coal use, via Asia, over coming decades – is diametrically opposed to the policies needed to limit warming below 2 degrees.

Another Qld coal mines closes

by AAP
Bowen Basin mine to shut amid coal price pressure.

Gas cooking means no reservations

3 comments
Despite a short-term shock for local manufacturers reliant on gas, it's in their own long-term interests as well as the national interest, that resources be developed without domestic reservation quotas.

Rallies for renewables draw thousands

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Protesters gather at 30 sites around Australia calling for RET retention.

You can’t make plastic from a solar panel

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But you certainly can run cars in India and China in the next couple of decades on solar electricity - so the oil industry should start transitioning.

Consumer groups join call for 'no change' to RET

by AAP
Advocates say renewables target reduction would drive up electricity bills.

Protesters shut down coal mine sites in NSW

by AAP
Whitehaven's Maules Creek among six northern NSW sites affected.

Dirty air and dodgy politics in Victoria

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The message that the Hazelwood fire may well have killed people won’t be a popular one with the state government. Indeed it seems it's easier to attack science than listen to Morwell fire death stats.

Renewable power scores a consumer endorsement

Six of the nation's leading consumer and community groups - including the Brotherhood of St Laurence and ACOSS - have written an open letter calling on the government to consider the consumer benefit in retaining the RET.

Dunlop confirms BHP board run

IPCC view is conservative, says candidate, and BHP must prepare for 'rapid change'.

Poor old coal: Australia's latest protected species

18 comments
It started with the carbon price billion dollar handout, then it moved onto trying to slice the RET. Now we have the Energy Green Paper entertaining the idea of assisting the exit of a power generator. Why are government officials so keen to intervene to help coal generators out of commercial difficulties?

NSW set to extend freeze on CSG

by AAP
Extra year to be added to license freeze as govt investigates process transparency.

Energy green paper scores 'pass' on electricity, 'fail' on climate

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Ian Macfarlane's energy green paper scores a 'C' for electricity and an 'A-minus' for gas. But in an industry where predictability is critical to investment decisions, its silence on climate is unacceptable.

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