Renewables continued their rise in Australia’s energy market in 2021, providing almost one-third of the nation’s power needs with Victoria leading the way in solar and wind generation.
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Researchers from RMIT University in Melbourne have created a process for heavy industries to capture carbon dioxide gas and convert it back to solid carbon, helping to limit emissions amongst the energy-intensive production processes.
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The Australian Energy Regulator (AER) is facing calls to prioritise maintenance on ageing power poles and wires to prevent future bushfires that put both workers and the community at risk.
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Simpler energy bills are on the way to customers with the Australian Energy Regulator (AER) releasing its draft Better Bills Guideline for consultation, with more than 14,000 customers to be included in testing along with retailers and consumer groups.
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Telstra has been granted licences to sell electricity and gas in Victoria, although the state’s Essential Services Commision (ESC) has imposed strict rules and customer limits on the company due to its past history of non-compliance in the telecommunications sector.
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Origin Energy is launching a virtual power plant (VPP) for customers in New South Wales, Victoria and Queensland, with spots available for homes to get involved.
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As the world continues to move away from fossil fuels and towards renewable energy, electric vehicles (EVs) continue to grow in popularity. While Tesla may be front of mind for many, Ford’s first electric ute has proven so popular the company has had to close reservations as they have surpassed 200,000.
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With Aussies embracing the clean energy transition, the Australian Energy Market Operator (AEMO) is expecting coal closures to occur at three times the expected rate. This would see brown coal phased out by 2032, with black coal usage down a substantial amount.
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The world’s largest private renewable energy retailer has secured its Australian license as it looks to launch down under. The Italian-based Enel Group plans to offer a ‘Green-tailer’ product that will combine renewables, virtual power plants and an electric vehicle charging option for customers.
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The average household energy bill has dropped thanks to an uptake in renewable energy, the latest report from the Australian Energy Market Commission (AEMC) has found. Customers can also expect the trend to continue, with the AEMC estimating the average home will pay $77 less annually for their power than they do now.
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