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In January 2023, Western Australia approved a land allocation for a revised set of seven projects, renamed the Australian Renewable Energy Hub, which total 26 GW of wind and solar capacity that would be used to produce hydrogen and ammonia. BP bought a 40.5% stake in the project in 2022. [6]
Energy in Australia is the production in Australia of energy and electricity, for consumption or export. Energy policy of Australia describes the politics of Australia as it relates to energy. In 2021, Australia was a net exporter of energy commodities, with notable exports in liquefied natural gas (LNG), coal , and minerals.
The Australian Government is required to issue the CEFC Board with a Clean Energy Finance Corporation Investment Mandate Direction from time to time, [20] the most recent being the Clean Energy Finance Corporation Investment Mandate Direction 2023, enacted on 21 July 2023. This provides direction on the $19 billion Rewiring the Nation Fund, the ...
The AAPowerLink begins with the development of the world's biggest integrated renewable energy zone, (which includes solar PV generation, energy storage and voltage source converter) on Powell Creek in the Barkly Region of the Northern Territory, using photovoltaic modules designed by Australian company 5B and prefabricated at a proposed factory in Darwin. [3]
The declining cost of renewable energy sources, such as solar power, wind power and battery storage, means it is unlikely a new coal-fired power station will ever be built in Australia. [2] The Liddell Power Station is the latest major coal-fired power station to be decommissioned, which took place on 28 April 2023. [3]
An Expanded Renewable Energy Target was passed with broad support [11] by the Australian Parliament on 20 August 2009, to ensure that renewable energy achieves a 20% share of electricity supply in Australia by 2020. To ensure this the Federal Government committed to increasing the 2020 MRET from 9,500 gigawatt-hours to 45,000 gigawatt-hours.
The Department of Energy, Environment and Climate Action (DEECA) is a government department in Victoria, Australia. It is responsible for various matters related to the environment, energy and climate change. The department was renamed from the Department of Environment, Land, Water and Planning on 1 January 2023. [1]
Australian oil and gas infrastructure Renewable power plants in Australia. The energy policy of Australia is subject to the regulatory and fiscal influence of all three levels of government in Australia, [citation needed] although only the State and Federal levels determine policy for primary industries such as coal. [1]