Tag: Renewable Energy

Australia’s Renewable Energy Projects Suffer Under High Inflation

A new analysis has found that inflation and supply chain issues have caused significant increases in the cost of renewable energy projects in Australia, with cost pressures likely to remain till the end of this decade. The Commonwealth Scientific and Industrial Research Organisation (CSIRO) and the Australian Energy Market Operator (AEMO) have released a report…


Cory Morgan: Trudeau–Smith Calgary Stampede Meeting Significant as Neither Side Indicates Any Willingness to Compromise

Commentary Prime Minister Justin Trudeau made his usual appearance at this year’s Calgary Stampede, an event that draws over one million visitors to the rodeo and midway every year. Although he often gets a chilly reception at the 10-day festival which draws politicians of all stripes out of  the woodwork, Trudeau usually makes an appearance…


Finland Goes Nuclear, Sees Energy Prices Drop 75 Percent

Finland is leading the way in cheaper energy prices for its citizens. In April this year, Finland’s Olkiluoto 3 nuclear reactor started regular output and should meet around 14 percent of Finland’s electricity demand. Expected to produce energy for at least 60 years, the new reactor has created energy prices that are 75 percent cheaper….


Environmental Concerns Surround Biden’s Hydrogen Energy Plan

A component of President Joe Biden’s green energy campaign has caught a snag from an unlikely place, environmentalist groups concerned that a series of new green energy plants will exacerbate a local water shortage and threaten the coastal ecosystem. The Texas port city of Corpus Christi is a potential candidate for up to $1 billion…


People Don’t Know ‘How Embedded Mining Is in Their Lives’ Due to Misinformation: Opposition

The growing “anti-mining sentiment” in the past decades has led the public to underestimate the importance of the mining industry despite it being so embedded in people’s daily lives, an international mining conference has been told. Australia’s Federal Opposition Resources Spokeswoman Susan McDonald on June 26 called on industry groups to  “stand up and tell…


Power Bills to Jump by Almost 30 Percent in One Australian State

Regional Queenslanders are set to feel the most pressure on their power bills as the highest power price increase of almost 30 percent was announced. The Queensland Competition Authority (QCA) released the final decision on regulated real electricity prices on June 9, with the price increase starting from July 1. The households in regional Queensland…


Government to Take Over Renewables Planning in Australian State

Planning for Victoria’s future renewable energy projects will be handled by the state government but it has stopped short of taking the reins on two controversial transmission blueprints. Energy Minister Lily D’Ambrosio launched the Victorian Transmission Investment Framework on June 8, which will shift future planning, development and consultation for renewable energy transmission to government body…


Labour Will Create Jobs in Nuclear, Renewables, Says Starmer Amid Union Concerns

Workers are at the heart of Labour’s mission to decarbonise Britain’s economy, party leader Sir Keir Starmer said, vowing to avoid the mistakes of the mass closure of coal mines in the UK. Speaking at the GMB union’s Congress in Brighton on Tuesday, Starmer promised decent pay, safer work, and better infrastructure, as “new nuclear,…


Renewable Energy Pipeline Puts Targets in Jeopardy

The renewable energy pipeline is drying up after a robust start to 2023 as “headwinds” increase, the industry warns. Data released by the Clean Energy Council for the first three months of the year shows eight projects commenced construction in the quarter. Worth a total of $1.3 billion (US$845 million) in value—almost double the final three…


Facing Sweltering Summers, California’s Newsom Floats Plan for State to Buy Energy

SACRAMENTO—For most of the year, California’s quest to rid itself of fossil fuels seems on track: Electric cars populate highways while energy from wind, solar, and water provides much of the power for homes and businesses. Then it gets hot, and everyone in the nation’s most populous state turns on their air conditioners at the…