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Energy ministers agree on mechanism to turbocharge renewables
The new federal government has achieved something the LNP failed to deliver over a lost decade of energy policy chaos – a cooperative agreement with the state energy ministers on a capacity mechanism that will turbocharge firmed renewables and accelerate an orderly energy transition. Read more
CEF NEWS UPDATE | Policy ambition triggers capital’s race to renewables
We track the energy news of the week – including the announcement of two of the world’s biggest windfarms in Victoria and QLD – as capital inflows to clean tech accelerate, driven by Australia’s increasingly ambitious climate, critical minerals and energy policies. Read more
“Bridge to nowhere:” Why BlueScope Steel is a decarbonisation laggard in Australia, as it leads in the US
With the major steelmaker’s AGM on Tuesday 22 November, Tim Buckley examines why BlueScope is planning to sink $1bn into outdated blast furnace tech at Port Kembla that would entrench huge carbon emissions at the heart of Australian steelmaking for decades to come, just as BlueScope US makes strides in decarbonisation. Read more
India-China investment analysis in electricity as COP27 progresses
With COP27 underway, the idea of developed countries supporting developing countries with more than just talk has already backslid from “compensation” to the more nebulous political speak of “cooperation and facilitation”. However, trends in the electricity sector in China and India are showing significant promise, and speak more meaningfully than watered-down global promises. Read more
ANALYSIS | Federal budget: Substantial progress on energy transition, but fossil fuel tax reform a serious omission
The budget is pragmatic and aligned with the government’s positive energy transition commitments. However, the absence of any meaningful fossil fuel tax reform is a major omission. Read more
CEF NEWS UPDATE | A transformative week in Australia’s energy transition
IN this update, we track a transformative period in Australian energy policy with the federal government announcing the first tranche of its $20bn Rewiring the Nation plan and major advances in Victoria and QLD Read more
ANALYSIS | India’s Electricity Sector Transformation Continues to Gather Pace
Newly released figures from India’s Central Electricity Authority (CEA) demonstrate the shift towards zero emissions generation, with 100% of net new capacity adds in the first half of FY2022/23 being variable renewable energy (VRE) at 98% and hydro-electricity at 2%. Read more