Fortescue Metals Group CEO Andrew Forrest is willing to finance a $1bn 850 MW Port Kembla Green Hydrogen Power station. Through Squadron Energy, the WA mining magnate said his proposal …
Port Kembla Green Hydrogen power station proposed by Fortescue
What is Green Hydrogen and can it become a future fuel?
Green Hydrogen has long been touted as a fuel for the future because it is abundant, cheap and burns cleanly, but it does pose some challenges. Hydrogen is difficult to …
South Australia energy mix volatility sees prices fluctuate between $15,000 per MWh to negative $-158 per MWh
South Australia energy mix price volatility was exposed after two gas plants were knocked out of action, sending wholesale and futures prices skyrocketing, only to tumble back down into negative …
Yallourn coal plant to close in 2028
EnergyAustralia’s 1,480-megawatt Yallourn coal plant has become the latest casualty in Australia’s transition to renewable energy and will close four years early in mid-2028. Yallourn supplies about a fifth of …
February 2021 Energy Market Review
Persistent ultra-low wholesale prices are starting to take a toll on coal-fired generators. The February 2021 electricity market saw energy giants AGL and Origin report first-half earnings, and it wasn’t …
Cryptomining in Australia: Soaking up excess daytime solar and night-time wind energy
Crypto mining in Australia is perfect for soaking up excess rooftop solar and night-time wind generation which is causing problems for electricity generation firms. While it is energy-intensive to mine …
Bitcoin & Cryptocurrency Mining – The Energy Problem
The amount of energy used in the bitcoin mining business is staggering. Bitcoin’s electricity consumption, at 122 TWh- is above Argentina (121 TWh), the Netherlands (108.8 TWh) and the United …
Bitcoin Mining in Australia – Solving the Energy Problem
The recent historic six-year lows in wholesale electricity prices have suddenly made Bitcoin mining in Australia a very real possibility, especially if mining labs are hooked up directly to renewable …
Federal Government announces Hotel Energy Uplift grant for hotels and motels
The hospitality industry took some hard blows last year, starting with the ‘Black Summer’ bushfires from early 2020 up to the COVID-19 restrictions, which are still ongoing in some form …
Electricity supply-side response to ultra-low wholesale energy prices kicks in as Origin shuts unit at 2,880 MWh Eraring coal plant
The electricity supply-side response to plummeting wholesale energy prices has begun with Origin Energy shutting down generation in one of its units at the massive 2880 MW coal-fired Eraring power …
