National Electricity Market - Australian environmental and carbon news published by Footprint

Total 24 articles are classified under this tag.

How to fix the grid: New Energy Security Board advice

Friday, 30 April 2021 10:23am

The Energy Security Board has proposed grid rule changes that would expand controls on coal plant phase-downs, and maximise the value of government interventions in the National Electricity Market. Read more...

National Electricity Market • Renewables, low emissions • Coal

Morrison's energy and abatement allocations to states top $1.5bn

Monday, 19 April 2021 11:49am

The Morrison government has given South Australia at least $560 million to help fund clean energy and emissions abatement actions, after last year allocating $960 million to NSW. Read more...

Renewables, low emissions • National Electricity Market • Gas/biogas • Federal • SA • Grants, finance

100% renewables not the best grid option: Grattan Institute

Monday, 12 April 2021 8:38am

The best option for Australia is a grid that relies to a small extent on gas and carbon offsets to achieve net-zero, according to a new Grattan Institute analysis. Read more...

National Electricity Market • Net zero • Renewables, low emissions • Coal • Gas/biogas

Alcoa on track to receive almost $40m a year

Friday, 19 March 2021 12:22pm

Victoria will match $19.2 million in annual federal funding for the Alcoa aluminium smelter until FY25, when new grid rules will start to deliver better returns to the company for its contribution to system reliability. Read more...

National Electricity Market • Corporate strategies • Renewables, low emissions

Taylor finalises underwriting payment to Portland smelter

Thursday, 18 March 2021 3:02pm

Alcoa's Portland aluminium smelter will be guaranteed payments of at least $19.2 million for each of the next four years for providing grid reliability services, as a result of a new underwriting instrument. Read more...

Corporate strategies • Grants, finance • National Electricity Market

Another coal plant likely to close by 2025, new study predicts

Wednesday, 24 February 2021 2:30pm

The rise of renewable energy will affect the profitability of coal-fired plants to such an extent that at least one more will close by 2025, according to a new study. Read more...

Coal • Renewables, low emissions • National Electricity Market

Global interest in WA's hydrogen plan; New energy storage contract; Interim EPA chief named

Friday, 22 January 2021 12:42pm

* WA's Oakajee hydrogen plan draws global interest
* New hedging contract de-risks energy storage trading
* EPA Victoria names interim chief executive Read more...

Hydrogen • Renewables, low emissions • National Electricity Market • Victoria • WA • Corporate strategies

Taylor to pay Alcoa smelter $76m for grid services

Monday, 14 December 2020 11:32am

The federal government will ensure Alcoa's Portland smelter receives up to $76.8 million dollars over four years for agreeing to curtail load during times of peak electricity demand. Read more...

Corporate strategies • National Electricity Market • Grants, finance

Fortescue joins emitter alliance; Taylor and D'Ambrosio's underwriting deal; Newmont's targets

Monday, 23 November 2020 12:26pm

* Fortescue, Cbus and Aurecon join big emitter alliance
* First part of federal-Victorian energy and emissions agreement revealed
* Gold miner commits to all-scopes, science-based targets Read more...

Corporate strategies • National Electricity Market • Net zero