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Showing 1 - 10 of 23 results for "National Electricity Market"

Capacity Investment Scheme expansion to jolt renewable energy

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... next four years, inviting competitive tender bids for energy storage. The installed capacity of the National Electricity Market (NEM) is currently 64GW (71GW including the 7GW in the West Australian South West Interconnected System). The CIS replaced ...

A portfolio approach for renewable investment: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... A recent report by the Clean Energy Investor Group (CEIG) found that decarbonising Australia's National Electricity Market (NEM) is possible, but requires $421 billion in investment between now and 2050. The report identifies six areas for action ...

$500bn investment needed to decarbonise NEM

RACHEL ALEMBAKIS  |  TUESDAY, 18 APR 2023  |  NEWS
It is possible to decarbonise Australia's National Electricity Market (NEM) in line with the ambition of limiting global warming to 1.5°C, but it carries a price tag of nearly half a trillion dollars of investment between now and 2050. The Clean ...

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
... capacity identified by the Australian Energy Market Operator that is required to be developed across the National Electricity Market ("NEM") through to 2030. MidOcean is an LNG company formed and managed by EIG. The acquisition of Origin's gas assets ...

Safeguard Mechanism reforms to prompt ACCU demand

RACHEL ALEMBAKIS  |  THURSDAY, 26 JAN 2023  |  NEWS
... ACCU shortage. The research modelled ACCU demand against the emissions intensity reductions of the National Electricity Market (NEM), which reduced baseline emissions by 24% between 2014-2021. "Assuming the Safeguard Mechanism ambitiously manages to ...

CEFC allocated additional $8.6 billion in budget

RACHEL ALEMBAKIS  |  TUESDAY, 1 NOV 2022  |  NEWS
... Plan, Southern Downs Renewable Energy Zone, to connect multiple Queensland clean energy assets to the National Electricity Market (NEM), and Snowy 2.0, to help connect the pumped hydro project to the NEM. The CEFC has provided finance for the Victorian ...

BlackRock continues renewable infrastructure investment

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022  |  NEWS
... build-out of over 1GW (Gigawatt) of battery storage assets across Akaysha's nine projects in the National Electricity Market (NEM) in Australia. BlackRock Real Assets is implementing a strategy of purchasing renewable energy enabling infrastructure ...

BlackRock in $1bn capital commitment to battery storage

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
... build-out of over 1GW (Gigawatt) of battery storage assets across Akaysha's nine projects in the National Electricity Market (NEM) in Australia. This is the first battery storage investment made by BlackRock's Climate Infrastructure business ...

Quinbrook "hopeful" over post-election renewable energy outlook

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 MAY 2022  |  NEWS
... coordinate implementation of recommendations from the Independent Review into the Future Security of the National Electricity Market, also known as the Finkel Review. "The question is how quickly will the new government jump on board the work and the ...

CEFC, Hostplus, Octopus Australia to invest in renewable energy asset

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 MAR 2022  |  NEWS
... zero 2050 target, as reported in Financial Standard. GREP is intended to deliver clean energy to the National Electricity Market, to help replace the fossil fuel supply that will be lost when the Yallourn coal fired power station closes. The GREP development ...
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