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Showing 41 - 50 of 340 results for "electricity"

RBA sets 2030 net zero target

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
... may also impact inflation. "This is because energy prices have a sizeable direct impact on inflation, with retail electricity and gas prices accounting for around 3 per cent of the CPI basket" she said. "There are also indirect effects, as businesses ...

Engaging for real-world decarbonisation: IGCC

RACHEL ALEMBAKIS  |  MONDAY, 21 AUG 2023  |  NEWS
... molecule, for hydrogen," Durand said, drawing on her experience as a climate scientist. "To split that molecule using electricity rather than splitting that molecule using natural gas, it takes three times the energy. "if we're going to have a hydrogen ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... largest investment firms has announced a $2 billion fund to invest in New Zealand clean tech towards 100% renewable electricity generation by 2035. The country's energy mix currently consists mainly of hydropower, geothermal power and wind energy. BlackRock's ...

IFM Investors certified by Climate Active

RACHEL ALEMBAKIS  |  TUESDAY, 1 AUG 2023  |  NEWS
... processes to measure, reduce, and offset carbon emissions. As part of their commitment, IFM will transition to 100% green electricity for its Australian offices by mid-2023 and has set operational targets for direct emissions reductions actions, improved ...

Report sounds alarm on data centre climate risks

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
... May this year. The research cites statistics finding that IT and data centres contribute approximately 1% of global electricity consumption and up to 2% - equivalent to the airline industry. According to the International Energy Agency, data centres ...

The skills shortage delaying net zero: CEDA

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
... the total number of jobs. In fact, it predicts a worker shortfall: Between 2016 and 2021 employment in fossil-fuel electricity generation fell by 18%, while employment in hydroelectric and other renewable generation increased by 81%. The energy-efficiency ...

Suppliers on notice: Amazon to enforce emissions reporting

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
... in renewables - more than 18 green hydrogen companies including Electric Hydrogen and Sunfire - and in 2022, 90% of electricity was powered by renewables. The company has so far invested in developing more than 400 solar and wind energy projects, and ...

Traditional Owners to lead Pilbara renewables rollout on exclusive native title land

ROSE MARY PETRASS  |  THURSDAY, 20 JUL 2023  |  NEWS
... the WA government announced the state-owned energy provider, which delivers 854 megawatts and over 15% of WA's electricity supply, would shut its remaining coal-fired plants within the decade. YEC hopes to fill the gap ahead of the closure, while ...

Seismic shift expected in global energy mix

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
... as electrification and living standards grow. The IEA forecasts that renewables will account for over 90% of global electricity capacity expansion over 2022-2027, with output growing by almost 2,400 gigawatts. By 2027, wind and solar will be 20% of global ...

Renewables need to ramp up significantly: CER

ROSE MARY PETRASS  |  TUESDAY, 18 JUL 2023  |  NEWS
... (CER). CER gave its update on the Renewable Energy Target (RET), a government scheme designed to make it easier for electricity retailers to access renewable energy and meet their legal obligations, by purchasing certificates that represent a megawatt ...