NSW may be forced to pay $150m a year to extend life of coal-fired plant, energy expert predicts

‘If ever there was a perfect case-study of the negative impacts on taxpayers of privatisation of strategic public assets, Eraring is it’, Tim Buckley says

New South Wales may end up paying $150m a year to subsidise the extension of Australia’s biggest coal-fired power plant, money better spent accelerating the take-up of rooftop solar with storage, Tim Buckley, an energy analyst said.

It comes as the Labor government will on Thursday announce $1bn for solar panel manufacturing in Australia, with the prime minister, Anthony Albanese, travelling to the Hunter region to spruik the government’s new Net Zero Economy Authority.

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World’s largest solar manufacturer to cut one-third of workforce

China’s Longi looks to slash costs as renewable energy sector faces tough headwinds from inflation

The world’s largest solar manufacturer has slashed nearly a third of its workforce after a cost-cutting drive that included telling staff to only print in black and white fell short and as a chill ripples through the renewable energy sector.

China’s Longi is to cut as much as 30% of its workforce, in an acceleration of cost reductions that began late last year, Bloomberg reported.

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Australian renewable sector recorded ‘alarming’ slowdown in 2023, energy body finds

Clean Energy Council report details ‘particularly poor’ investment in large-scale plants but says roof-top solar and batteries are ‘storming ahead’

Investments in renewable energy plants showed an “alarming” slowdown in 2023, with financial approvals for new solar farms shrinking more than a third while no new windfarms won backing, the Clean Energy Council said in its annual report.

The yearly results come as separate data revealed fossil fuel power stations expanded generation in the first two months of 2024 as heatwaves in the east of Australia sent demand soaring.

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Alberta to ban renewables on ‘prime’ land and preserve ‘pristine viewscapes’

Decision by premier Danielle Smith further pits Canadian province against environmental groups pushing green energy

Alberta will block renewable energy projects on “prime” agricultural land and limit the placement of wind turbines to preserve “pristine viewscapes”, a decision that increasingly pits the western Canadian province against environmental groups pushing green energy – and the companies investing in it.

The decision, announced by the premier, Danielle Smith, and utilities minister, Nathan Neudorf, on Wednesday, follows a controversial six-month ban on new renewable energy projects that is due to expire on 29 February.

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Labour would lift block on onshore windfarms, says Ed Miliband

Tory government has ‘ducked’ difficult decisions, leading to higher bills, says shadow energy secretary

Labour has claimed a “culture of inertia and stasis” has blocked renewable energy projects under the Conservatives and says the party will overturn a de facto onshore wind ban “at the stroke of a pen” if it wins the general election.

The shadow energy secretary, Ed Miliband, told energy industry executives at a conference in London on Tuesday that Labour would immediately rip up a decade-long effective block on large onshore wind developments in England if elected.

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Australia politics live: Coalition votes to back Labor’s changes to stage-three tax cuts

PM says opposition ‘tying themselves in knots’ as parliament resumes. Follow the day’s news live

School funding data

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Labour accused of ‘massive backward step’ over decision to drop £28bn green investment pledge – UK politics live

A senior Labour frontbencher confirmed the party has ditched its commitment on green spending

Suella Braverman, the former home secretary, says reports that the government is giving up on plans for a returns agreement with Turkey are “very concerning”.

This decision by the Home Office is very concerning.

As Home Secretary I worked up proposals to list Turkey as a safe country : a member of the Council of Europe, a NATO ally and a Candidate country for EU accession.

The government should re-think this decision.

The Times said that ministers’ hopes for a returns deal, along the same lines as the current agreement with Albania, has collapsed after an internal review said Turkey was “a state that does not meet the criteria of being ‘generally safe’”.

Rishi Sunak and other leading Tories have hailed the Albania deal as a key success in the prime minister’s bid to stop small boats crossings in the Channel. But it now appears a similar agreement with Turkish president, Recep Tayyip Erdoğan is unlikely to happen.

Notably, the assessment also raises concerns over Turkey’s compliance with adverse rulings from the European court of human rights (ECHR), which the Home Office assessment said “raised questions about adherence to the rule of law”.

This is significant given Sunak’s plans not to comply with interim injunctions from the same court.

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Australia’s wholesale power prices fall by almost half as carbon emissions drop

Grid faces fresh strains as heatwave roasting inland Queensland and NSW extends to Sydney

Wholesale power prices across Australia’s main electricity market almost halved at the end of 2023 compared with a year earlier, stoking hopes households may soon see smaller bills.

Spot prices in the National Electricity Market (Nem) that serves the eastern and southern states fell to an average of $48 a megawatt-hour in the December quarter, down 48% on the previous year, the Australian Energy Market Operator (Aemo) said in a report released on Thursday. Carbon emissions also dropped to record lows.

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Labour’s energy advisers warn against watering down £28bn green investment

Climate thinktank says Britain could be left trailing in global race to develop low-carbon energy

Labour’s independent energy advisers have warned the party against watering down its £28bn green spending plans in advance of its promise to create a zero carbon electricity system by 2030.

Experts at the climate thinktank Ember, which provided the independent analysis underpinning Labour’s green targets, said growing international competition for low-carbon investment from the US and EU could leave the UK lagging in the global race for low-carbon energy.

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Solar and on-shore wind provide cheapest electricity and nuclear most expensive, CSIRO analysis shows

Estimates show small modular nuclear reactors would provide most expensive power and will not be available until 2030

Electricity generated by solar and on-shore wind is the cheapest in Australia, even after the significant expense of integrating them into the power grid is factored in, according to new analysis from the CSIRO.

Estimates of costs to build small modular nuclear reactors – a technology supported by the Coalition but not expected to be commercially available until at least 2030 – have risen dramatically and would provide the most expensive power, according to the draft GenCost report.

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Labour vows to ‘rewire Britain’ as pylon plans spark row in Tory party

Opposition vows to tackle rural connection delays to the grid while Conservatives call for offshore network to preserve landscapes

Labour is promising to “rewire Britain”, making its case to the UK’s rural communities that it will connect farmers and businesses to the National Grid at record-breaking speed.

The pledge comes as Rishi Sunak faces a battle over electricity pylons with the trade secretary, Kemi Badenoch, and former ministers urging him to pull the plug on crucial grid infrastructure.

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Climate protesters arrested at Port of Newcastle blockade – as it happened

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‘The biggest transformation in our country’s history’

Chris Bowen has been talking about Labor’s plans for reducing emissions, but he’s pressed on the fact that the government has been approving new coalmines and gas projects, which add to global emissions.

The way I see this, David, you can enter into a discussion with your international counterparts which we are doing which is us saying to them, “We will continue to be a reliable energy supplier but we want to work with you on your decarbonisation because we have advantages that you don’t have. We can provide renewable energy.” That is an important conversation to have.

Frankly the approach of others is more a slogan than a policy. We are making the biggest transformation in our country’s history and that involves both domestic policies and strong international engagements, as I will be doing over the next couple of weeks and we have been doing all the way through.

It will be treated in the budget statement of risks and liabilities in the normal fashion. But this is the right policy for the right times to ensure emissions come down and reliability goes up.

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Companies still investing too much in fossil fuels, global energy watchdog says

Head of International Energy Agency says the industry faces a ‘moment of truth’ as Cop28 talks approach

Fossil fuel companies are investing twice as much in oil and gas as they should if the world hopes to limit rising global temperatures to avert a climate catastrophe, according to the International Energy Agency (IEA).

The world’s energy watchdog said that the sector still had “minimal” engagement with the global clean energy transition, and continued to contribute just 1% of clean energy investment globally.

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Victorian government told emissions targets at risk under plan to increase taxes on renewable energy providers

Industry experts say renewable energy providers could pay up to 20 times more tax if bill passes

Victoria’s ambitious emissions targets could be imperilled if the state government’s plan to slug renewable energy providers millions more in taxes each year goes ahead, the sector has warned.

Renewable energy providers could pay up to 20 times more tax if a bill currently being debated in Victorian parliament passes, according to industry experts.

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Greens could sink Labor’s gas industry scheme over concerns it supports fossil fuel expansion

Exclusive: Adam Bandt says party cannot endorse $12 a gigajoule price cap due to exemptions allowing new ‘climate bomb’ gasfields

The Albanese government’s mandatory code for the gas industry could be at risk, with the Greens vowing to disallow the scheme because it supports new gasfields even as the climate crisis worsens.

The Greens will move a disallowance vote in the Senate next Monday, saying the code with its $12 a gigajoule price cap had benefited big gas users. Uncontracted supplies of the fossil fuel had also been diverted to the domestic market.

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Solar energy could power all health facilities in poorer countries and save lives, experts say

Move would cost less than $5bn and cut toll of deaths from power outages and lack of supply, Cop28 delegates will hear

All healthcare facilities in poorer countries could be electrified using solar energy within five years for less than $5bn, putting an end to the risk of life from power outages, experts will argue at Cop28 this month.

“I would like the international community to commit to a deadline and funding to electrify all healthcare facilities,” said Salvatore Vinci, an adviser on sustainable energy at the World Health Organization and a member of its Cop28 delegation. “We have solutions now that were not available 10 years ago – there is no reason why babies should be dying today because there is not electricity to power their incubators.

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Onshore wind projects in England stall as no new applications are received

Fears grow that Rishi Sunak’s anti-green policy shift is driving investment in renewable energy abroad

The government has received no new applications for onshore wind farms in England since cabinet ministers eased planning rules earlier this year – in a further sign that Rishi Sunak’s anti-green policy shift is driving investment abroad.

So far this year, only one new project, with a single turbine, has become fully operational in England, with many more being built in the EU – and in Scotland and Wales, where planning rules are less burdensome. This is despite renewables being seen as the cleanest and safest form of power, and having wide public support.

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UK subsidies for offshore windfarms likely to increase amid rising costs

Developers say higher prices across their supply chains mean costs have climbed by about 40%

The government is poised to offer higher subsidies for new offshore windfarms to avoid missing its green energy targets as developers grapple with a rise in supply chain costs.

Ministers are expected to set out within the next week a new starting price for the next subsidy auction, which is likely to offer higher levels of support to offshore wind developers.

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Republicans welcome local benefits of climate law despite voting against it

Nancy Mace and Marjorie Taylor Greene among those accused of hypocrisy over efforts to gut landmark Inflation Reduction Act

At least a dozen Republican members of Congress have welcomed clean energy investment flowing to their electorates following Joe Biden’s landmark climate bill, even as they launch fresh attempts to dismantle the legislation.

The group of conservative lawmakers, including the House of Representatives members Nancy Mace, Clay Higgins and Marjorie Taylor Greene, have all recently praised the arrival of new renewable energy, battery or electric vehicle jobs in their districts even after voting against last year’s Inflation Reduction Act (IRA), which was loaded with incentives for clean energy projects.

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Australia news live: ‘that’s a question for Keating,’ Albanese says when queried on former PM’s abstention from Israel-Hamas statement

PM also acknowledged ‘tragic’ Queensland bushfires on Tuesday, warning pf ‘difficult summer’. Follow the day’s news live

Fire at Tara ‘remains uncontained’, QFES acting deputy commissioner says

QFES acting deputy commissioner Joanne Greenfield also spoke to Sunrise this morning, and provided an update on the bushfire at Tara:

The Tara fire is quite large now and still remains uncontained in most of its edges.

Crews have been down there working overnight trying to strengthen the control line and try to bring areas of it into containment.

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