Rooftop Solar Boom Turns Australian Power Prices Red
Switched On30 Maj 2024

Rooftop Solar Boom Turns Australian Power Prices Red

Rooftop solar is celebrating a runaway success in Australia, which has positioned itself to become a renewable energy superpower. From a target of doubling its renewable energy capacity by 2030 to $1.2 billion in the federal budget dedicated to the clean energy sector, the country has big plans for its energy transition. Yet the country still has a ways to travel before reaching its goals, with substantial legacy coal-fired power stations still contributing to the energy mix.

On today’s show, Dana is joined by Leonard Quong, BloombergNEF’s Head of Australia Research. Together they discuss the state of the energy transition in Australia, including how large volumes of rooftop solar are leading to negative power prices, the country’s ambitions to become a leader in green hydrogen, and how its exports of coal, liquefied natural gas and other commodities continue to shape the region.

Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com

Links to research notes from this episode:

1H 2024 Australia Market Outlook - https://www.bnef.com/insights/33285?context=eyJjb250ZW50VHlwZSI6Imluc2lnaHQiLCJpbnNpZ2h0LXR5cGUiOls4XSwicmVnaW9uIjpbImF1cyJdLCJzZWN0b3IiOltdLCJhdXRob3IiOltdfQ==

See omnystudio.com/listener for privacy information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(313)

Turkey's Renewables Boom Has More Than Climate in Mind

Turkey's Renewables Boom Has More Than Climate in Mind

Turkey is quietly becoming a renewables heavyweight. Rapid wind and solar deployment is helping the country meet rising electricity demand while reducing exposure to imported fossil fuels. Turkey rank...

27 Aug 32min

States Put Data Centers on Pause: Analyst Reaction

States Put Data Centers on Pause: Analyst Reaction

America’s data center boom is running into political resistance. Texas, New York and Pennsylvania are moving to slow or pause new projects amid concerns over electricity costs, infrastructure and loca...

24 Aug 14min

EV Boom Changes Lanes as New Markets Take the Wheel

EV Boom Changes Lanes as New Markets Take the Wheel

The electric vehicle boom is entering a new phase. As China’s market matures and the US steps back from EVs, emerging markets are becoming the new hotspot for electrified transport. At the same time, ...

20 Aug 31min

EU Electrification Push Lacks Pull: Analyst Reaction

EU Electrification Push Lacks Pull: Analyst Reaction

Europe’s electrification ambitions are running ahead of its policies. The EU wants electricity to account for 46% of final energy consumption by 2040, but BNEF’s modeling suggests even a maximum-effor...

17 Aug 18min

Offshore Wind Is Outgrowing the Boats That Build It

Offshore Wind Is Outgrowing the Boats That Build It

Offshore wind turbines are getting too big for the ships that install them. BloombergNEF estimates more than 30 gigawatts of offshore wind installations could struggle to find suitable vessels through...

13 Aug 26min

Rhine Drought Drives Fuel Costs Up: Analyst Reaction

Rhine Drought Drives Fuel Costs Up: Analyst Reaction

Europe’s energy supply chains are running out of water. Weeks of heat and drought have pushed Rhine water levels to exceptional lows, restricting barge traffic and sending gasoil freight rates to reco...

10 Aug 14min

Battery Tax Credits Are Rewriting US Solar Economics

Battery Tax Credits Are Rewriting US Solar Economics

US solar developers are building projects around batteries, not panels. Federal tax credits for energy storage are reshaping the economics of new solar projects, encouraging developers to install larg...

5 Aug 28min

China Builds Nuclear Power While the West Reinvents It

China Builds Nuclear Power While the West Reinvents It

Nuclear power is gaining momentum around the globe, but the industry’s path has diverged. China and India are rapidly expanding conventional reactor fleets, while the US and Europe are betting on smal...

29 Juli 39min

Populärt inom Business & ekonomi

framgangspodden
rss-jossan-nina
varvet
rss-borsens-finest
badfluence
avanzapodden
uppgang-och-fall
svd-tech-brief
rss-inga-dumma-fragor-om-pengar
lastbilspodden
fill-or-kill
rikatillsammans-om-privatekonomi-rikedom-i-livet
borsmorgon
bathina-en-podcast
rss-kort-lang-analyspodden-fran-di
rss-hos-psykologen
rss-dagen-med-di
kvalitetsaktiepodden
tabberaset
24fragor