Media

Tim Buckley discussed key energy issues facing Australia. He emphasized the importance of protecting national interests, particularly about key trade partners like China, Japan and Korea, and highlighted the growing importance of batteries in the energy market. He predicts that batteries will be the biggest disruption of 2025, driving the accelerating transition to electric vehicles and solar energy storage. He also noted that batteries can help lower power prices by storing solar energy during peak demand hours. Read more

The Australian Energy Market Operator (AEMO) quarterly gas report highlights electrification of gas use is contributing to a downward trend in forecast gas consumption for commercial, residential and industrial users. Since the 2024 Gas Statement of Opportunity (GSOO), AEMO notes domestic gas consumption has continued to decline. The reduction in gas consumption has coincided with noticeably higher retail gas prices compared to recent years and slower growth of new building approvals. Read more

Tim explains that power prices are rising because Queensland hasn’t built enough new energy capacity to replace old coal-fired plants. In Queensland, prices are going up by 3-5%, while Victoria’s increase is lower at 1-3%. Read more

Tim, an expert in energy finance, argues that while renewables are not costly, Australia hasn’t built enough renewable energy capacity. He opposes nuclear power as a distraction in Australia, saying it’s too expensive and would raise prices. Instead, he recommends people use rooftop solar and batteries to cut their energy bills by up to 80%. The transition to renewables could happen faster than some politicians say, and individuals can help by using solar power and reducing grid energy use. Read more

“The single biggest opportunity for Australia is to enhance and pivot our relationship with China,” Tim Buckley, director of think tank Climate Energy Finance (CEF), tells ESN Premium ahead of Solar Media’s Energy Storage Summit Australia 2025. Buckley believes Australia’s positive trade relations with China will increase the investability prospects in the country’s energy storage market, which could prove vital in Australia’s shift to a green economy. Read more

Highlights Green iron report by Deloitte & WWF. The Fifth Estate forum with Matt Kean and Martijn Wilder hosted at the Greenhouse. China’s massive US$11bn 19GW (85% RE) Qaidam Golmud East Desert Base Power Project. Canadian Solar’s reported CY2024 BESS shipments surged 505% yoy to 6.5GWh. Engie pulls out of a Texas gas project as the numbers no longer stack up. And EV highlights for BYD, not so much for Tesla Read more

Hoping to avoid 25% tariffs, Japanese and European officials have agreed to deals analysts are describing as financially questionable. Meanwhile, […] Read more

BP returns to fossil fuels – New CEO scraps most clean energy plans. Failed green transition – Former CEO Bernard Looney tried to shift BP towards renewables, now consigned to history.  The world is investing twice as much in clean energy as in fossil fuels, with China leading the charge. Read more

Building on the federal government’s $2 billiion Aluminium Production Tax Credit announcement to decarbonise the energy demand of the nation’s aluminium smelters – the largest source of emissions in the aluminium supply chain – the $1bn Green Iron Investment Fund leverages strategic public capital to crowd in private investment into value-added green iron projects. Comparatively, iron is the largest source of emissions in the steel value chain, with blast furnaces accounting for up to 87% of traditional, coal-based steel emissions. Read more

Tim shared some good news from Canberra with the Climate Capital Forum, joining a delegation to meet with upper and lower house politicians across the spectrum and spread a positive message on the need for the energy transition and reindustrialisation. Read more

Tim Buckley from Climate Energy Finance joined Melinda James this morning on Illawarra Breakfast on ABC Illawarra to discuss the latest developments in the steel industry and green energy. Tune in for insights! Tim’s exclusive interview can be heard at this link from 2:15:00 to 2:23:35” Read more

The state government embraced that plan and promised $600 million to fund a 250 MW green hydrogen electrolyser and a 200 MW hydrogen power plant – both among the largest in the world – to support the steelworks, other customers, and the state’s own plans to reach 100 per cent net renewables by 2027. That Hydrogen Jobs Plan is now likely delayed, and its future uncertain, given the developments around the steelworks. Malinauskas, who has visited Whyalla recently and is reportedly on the way again on Wednesday, has refused to commit to those funds because of the financial uncertainty. Read more