The Clean Energy Investor Group (CEIG) has published a report calling on the Australian government to prioritise consistent and timely implementation of the reformed Environment Protection and Biodiversity Conservation (EPBC) Act.
Australian Prime Minister Anthony Albanese has said that large-scale data centres will be legally required to put at least as much energy into the grid as they draw from it, and that this supply must be renewable energy.
Electricity sector regulations in Thailand require significant reforms to support the use of energy storage as a critical tool for renewable energy integration.
New market rules will encourage investment in energy storage as a key component of Thailand’s national energy vision, according to the country’s energy ministry.
The Queensland government has reportedly shelved the proposed AU$6 billion (US$4 billion) Mt Rawdon pumped hydro project, ending state support for a mine-repurposing scheme that had attracted AU$50 million in government funding.
The rising costs of coal and gas mean that the adoption of renewable energy is a “survival issue” for countries in Southeast Asia, and energy storage is critical to the transition.
The Australian government has announced the results of Capacity Investment Scheme (CIS) Tender 8, selecting 15 battery energy storage projects across the National Electricity Market (NEM), totalling 4.2GW/16.1GWh.
