Media

On the Planet A podcast dive into the world of renewable energy and decarbonization with Tim Buckley, Director of Climate Energy Finance – an engaging discussion on the future of energy, global energy markets, and how we are becoming a multi-polar world. Read more

The sudden enthusiasm of the LNP for nuclear energy is another divisive, cynical and damaging ploy to ignite Climate Wars 2.0 and disrupt and delay Australia’s accelerating renewables transition on behalf of the fossil fuel cartel. The LNP’s climate and energy luddites burned a decade when they were in office. We can’t afford more of the same policy lunacy. Read more

Tim Buckley, the director of the independent think tank Climate Energy Finance, said the opposition’s nuclear energy solution is about delay, which he views as the “new denialism.” “We’ve got this pure hypothetical political spin about waiting for 20 years for SMRs. We can’t afford to wait,” he told The Canberra Times. “We have a climate crisis. We have a cost-of-living crisis now. What this is all about is sowing disinformation and delay. It’s climate science denialism. Read more

Climate Capital Forum member Satya Tanner in Port Stephens News of the Area new site, on the importance of communities remaining engaged in consultation on offshore wind in Australia. Read more

“Investing in green bonds issued by a group that is one of the largest private fossil fuel developers in the world is total greenwash, a perfect example of investor fraud. I think it’s very telling that this bond raise excludes the US. [The US is] the best-regulated market in the world, in my view, in terms of financial markets, and this bond is excluded from that for very clear reasons that were raised by Hindenburg… and which are still outstanding, in my mind, today.” Read more

The false dichotomy of distributed small-scale versus utility-scale renewables, coupled with the nuclear and CCS furphies, is the latest chapter in the Coalition’s efforts to stymie and repoliticise Australia’s energy transition. As Andrew Forrest succinctly put it at his National Press Club address this week: “If we swallow this new lie that we should stop the rollout of green energy and that nuclear energy will be our fairy godmother, we will be worse off again.” Read more

A new report from the Australian Renewable Energy Agency (ARENA) has found that a fleet of EVs used to supply Frequency Control Ancillary Services (FCAS) to the National Energy Market (NEM) could generate revenue of up to $12,000 per vehicle in a single year. Tim Buckley from Climate Energy Finance says the new study’s findings can’t be overstated. Read more

According to Climate Energy Finance founder and director Tim Buckley, “A full rollout of solar on schools and early childhood centres would be the largest renewables project in Australia’s history, providing distribution-level grid stability opportunities, particularly as battery systems become more cost competitive.” “The rooftop solar potential of the early childhood and school sectors should be a key part of the national effort to at least treble the existing 20 GW of cumulative rooftop solar capacity to the 60GW target for the NEM by 2040 (and 85GW by 2050 or 100GW including Western Australia and the Northern Territory) as modelled in the Australian Energy Market Operator’s Integrated System Plan,” he added. Read more

Hydrogen electrolyser manufacturers are staring into the valley of death, as the hype-fuelled valuations of 2021 and high hopes of the hydrogen economy come crashing down around their ears. Last week, two of the most notable electrolyser technology developers – Plug Power and Bloom Energy Corp – revealed the depth of their problems as they try to achieve massive scale while improving and reducing the cost of the technologies they are developing. “The electrolyser manufacturing sector is going through a massive learning-by-doing as they’re flying the plane,” says Climate Energy Finance director Tim Buckley. Read more

Queensland is poised to become Australia’s renewable energy “superpower” after unveiling a $570 million battery industry investment. Think tank Climate Energy Finance (CEF) said Queensland was becoming the nation’s “cleantech leader”. “The battery strategy is further evidence that Queensland is not just undergoing an energy transition but a complete transformation from a legacy coal and gas petrostate to a renewable energy and critical minerals superpower,” CEF director Tim Buckley said. Read more

In an interview with SBS Chinese, Xuyang Dong, an energy analyst at the independent think tank Climate Energy Finance, explained that China’s large-scale production capabilities enable it to occupy the “most dominant” position in the global new energy supply chain. “China mass-produces cheap components and then exports cheap, high-quality solar cells.” Dong believes that the rapid development of China’s photovoltaic industry cannot be separated from strong and clear policy promotion. Although Australia cannot deploy the new energy industry through similar “hard planning”, it can also implement policies to guide industrial development. Read more

Boards of banks and fossil fuel companies often share independent, non-executive directors. But with the need to transition to a lower carbon economy, experts are concerned about how these connections may be affecting progress. Tim Buckley comments for The Banker supplement in FT. Read more