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The Latest News on Energy Transition 10.08.2023

By Hannah Watkinson posted 10-08-2023 03:12 PM


Energy Transition News 10.08.23 


This week in energy transition news we discuss extending the renewable energy targets, another look at ULCS, the closure of Eraring power station and more on budgets and the energy workplace.  


Less volatility contributes to lower electricity prices in June quarter - AEMO 

Read this media release that discusses AEMO’s Quarterly Energy Dynamics report and the key takeaways related to electricity prices.  


$50 million to boost clean energy supply chains in the Indo-Pacific 

Read this media release to find out more about how the Australian Government will be investing $50 million to support the development of secure and diversified clean energy supply chains in the Indo-Pacific region. 


Powering the transition: The net-zero workforce challenge - CEDA 

Read or download this report by Ceda that talks about their work on how to strengthen Australia’s labour market at a time of chronic skill shortages and disruption across several key industries. This paper looks at opportunities in the energy sector in the transition to net-zero emissions by 2050. 


Op-ed: How ultra low-cost solar will unlock Australia’s superpower vision 

Read this Op-ed by the Australian Renewable Energy Agency (ARENA) that talks about ultra low-cost solar or ULCS if you are interested in more information on the white paper that was mentioned in our previous energy transition blog.  


Eraring can be closed on schedule – Nexa Advisory report 

Read this report if you would like to know the current status of the Eraring coal-fired power station closure and some recommendations and a summary on related energy transition from Nexa Advisory.  


Extend the RET: Renewables industry has a new battle cry, but will Labor listen? 

Read this article that reflects on the actions at the Australian Clean Energy Summit in Sydney. It mentions a common theme at the summit which was a call to extend the Renewable Energy Target (RET).  

1 comment



14-08-2023 02:23 PM

While there are inevitable setbacks like any human endeavor, the transition is moving remarkably quickly. Last year global wind and solar output rose by 13% in the EU, 17.6% globally, 18% in the US and 21% in China.

In Australia there are many stories about three or four renewable projects being delayed with little mention of the 88 that are ongoing according to the Clean Energy Council.

We do hear about a decline in coal generation, but little is reported of the rapid decline in gas consumption which when one considers methane leaks emissions can be as bad or worse than coal.

This year EVs may exceed 20% of light vehicle sales and with the rapid build up of production capacity around the world could be close to 30% next year