And not a nuclear power plant in sight. If we had bipartisan agreement on our energy future, including understanding subsidies currently being paid to ALL sectors/technologies including tax breaks for coal, oil and gas AND subsidies Coalition would throw at nuclear, 100% renewable would not be hard to achieve.
Promising days for renewables. Amidst all the 'distraction pieces' shared by the doomerists and oppositionists, this article is a refreshing bit of reading. Thanks for sharing, Daniel.
And not a nuclear power plant in sight. If we had bipartisan agreement on our energy future, including understanding subsidies currently being paid to ALL sectors/technologies including tax breaks for coal, oil and gas AND subsidies the Coalition would throw at nuclear, 100% renewable would not be hard to achieve. Governments must take care not to pick renewable winners, the market will do this. Subsidies should be leveled across all renewables. They are on fossil fuels. Case in point to new budget provides $2/kg ($16/Gj) subsidy to hydrogen but nothing for biomethane from anaerobic digestion of diverted landfill waste or landfill gas itself. That’s wrong and needs to be fixed. I should add sustainable aviation fuel also got a big leg up but no one is thinking where the huge volumes of biomass for this will come from, how it will be shipped to the SAF plants and then how does the SAF get to market. Australia has two operational refineries so the SAF path is long, hard and expensive. Hydrogen or biomethane in our gas networks which are already connected to our last two refineries could more readily be converted via Gas to liquids (GTL) for SAF.
Our latest report predicts that renewable energy will lead the construction industry's growth in Australia, with annual construction activity forecasted to reach $20 billion by 2026/27.
https://lnkd.in/g-uDVvibhttps://lnkd.in/gM7YTdJt
New Macromonitor report just published analysing the boom in renewable energy construction over the next few years. A further doubling in the real value of construction expected by 2026/27!
https://lnkd.in/gaAXG4PR
Energy yield assessment is fundamental to financial modelling and risk management in renewable energy projects. Read more about maximising wind energy potential in Asia's evolving energy market.
#EnergyTransition#WindPower#RenewableInvestments#WhatDoesItTake
Here's a recap of all the latest news at MPower Group (ASX: MPR), showcasing the progress made on our rollout of clean energy assets as we help deliver Australia's energy transition:
- Key milestones achieved in the construction of the Narromine Renewable Energy Project (NSW)
- Delivery of solar PV modules together with single axis tracking equipment for the Narromine project, the first supply under a strategic Master Supply Agreement struck with Trina Solar
- Completion of the Narromine project is on track, with key materials procured, detailed design completed and site establishment and civil works underway
- Expansion of the MPower’s development team to support the continued development of the Company’s project pipeline
- Significant time and resources dedicated to project funding initiatives for the rollout of MPower’s multi-project clean energy portfolio
#mpower#gridreliability#energytransition#batterystorage#batteryenergy#solarpv#impactinvestment#netzerohttps://lnkd.in/gXfid2-U
Asia's energy demand is expected to rise 60% by 2040. Read our latest insights on optimising wind energy projects in the region. Learn how P50 and P90 metrics are shaping investment decisions in the renewable energy sector. #EnergyTransition#RenewableInvestments#WhatDoesItTake
CEO at Optimal Group Australia
4moAnd not a nuclear power plant in sight. If we had bipartisan agreement on our energy future, including understanding subsidies currently being paid to ALL sectors/technologies including tax breaks for coal, oil and gas AND subsidies Coalition would throw at nuclear, 100% renewable would not be hard to achieve.