ESG Impact Zone

Record wind and solar push down prices across grid, except for most coal dependent state

Renew Economy

APRIL 22, 2024

Record output of renewable energy pushed prices down across the main grid in the first quarter, with the exception of the most coal dependent state grid. The post Record wind and solar push down prices across grid, except for most coal dependent state appeared first on RenewEconomy.

Fortescue says green hydrogen target still on track, but Australia projects stalled by power prices

Renew Economy

APRIL 23, 2024

The post Fortescue says green hydrogen target still on track, but Australia projects stalled by power prices appeared first on RenewEconomy. Fortescue boss says China's roll out of wind and solar "blew his mind", and the company is still confident it can reach its ambitious hydrogen goals.

Greening grid muscles out fossil fuels, pushes down power prices

Renew Economy

JANUARY 30, 2024

Record low coal and gas generation pushed wholesale electricity prices lower in the last quarter of 2023, as every region of the country notched up new solar output records. The post Greening grid muscles out fossil fuels, pushes down power prices appeared first on RenewEconomy.

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Renewables drive down prices in first quarter, but heatwaves and outages cause spikes in coal dominated grids

Renew Economy

APRIL 17, 2024

Renewables drive down wholesale prices in first quarter, but a massive coal outage and a heatwave drove prices up in two coal dependent states. The post Renewables drive down prices in first quarter, but heatwaves and outages cause spikes in coal dominated grids appeared first on RenewEconomy.

Despite claims to the contrary, industrial carbon pricing is working well

Corporate Knights

MARCH 26, 2024

But the carbon tax is not the whole carbon-pricing story in the country. Behind the scenes, industrial carbon pricing through large-emitter trading systems (LETS), including output-based pricing or cap-and-trading systems, is propelling Canada’s clean energy transition. billion and rising with the national carbon price.

Banking

Will water pricing be the next carbon pricing?

GreenBiz

JUNE 29, 2022

Water prices are artificially low and businesses are adding in shadow prices to get ready for a drought future.

Wind turbines have negligible impact on house prices, new study finds

Renew Economy

MARCH 19, 2024

Whether wind farms affect house prices is a live issue for anti wind farm campaigners in Australia, but new research out of the US shows it's nothing to worry about. The post Wind turbines have negligible impact on house prices, new study finds appeared first on RenewEconomy.

Record renewables drive prices down, but coal states still the most expensive

Renew Economy

JANUARY 24, 2024

Renewables continue to reshape Australian grid, and bring down prices - but the most coal dependent states have the dirtiest and costliest power, while battling rising temperatures and demand. The post Record renewables drive prices down, but coal states still the most expensive appeared first on RenewEconomy.

“This is nuts:” European power prices go negative as springtime renewables soar

Renew Economy

MAY 30, 2023

Balmy weather and growing renewable energy capacity has led to multiple days of negative wholesale power prices across the continent. The post “This is nuts:” European power prices go negative as springtime renewables soar appeared first on RenewEconomy.

Consumers to get “marginal” bill relief despite rooftop PV driving big falls in wholesale power prices

Renew Economy

MARCH 18, 2024

As renewables drive down wholesale electricity prices, questions are raised over why consumers will get only marginal bill relief in the coming year. The post Consumers to get “marginal” bill relief despite rooftop PV driving big falls in wholesale power prices appeared first on RenewEconomy.

If we properly priced death caused by carbon emissions, we might get to net zero a lot quicker

Renew Economy

MARCH 27, 2024

Adding a price on mortality caused by carbon emissions might help change consumption patterns for items such as red meat and 4WDs. The post If we properly priced death caused by carbon emissions, we might get to net zero a lot quicker appeared first on RenewEconomy. Smoking laws provide a template.

Net Zero

Record rooftop solar output slashes wholesale electricity prices

Renew Economy

OCTOBER 18, 2023

Record levels of solar are taking pressure off the grid and pushing down prices, but regulator says there is a "pressing need" for new investment in large scale wind and solar. The post Record rooftop solar output slashes wholesale electricity prices appeared first on RenewEconomy.

“Price the damage:” Garnaut and Sims reboot calls for carbon “fee” for big polluters

Renew Economy

FEBRUARY 13, 2024

Ross Garnaut and former competition tsar Rod Sims say basic economics means you must price the damage that fossil fuels impose on everyone. The post “Price the damage:” Garnaut and Sims reboot calls for carbon “fee” for big polluters appeared first on RenewEconomy.

Solar behind big price falls as grid demand and coal power pushed to record lows

Renew Economy

OCTOBER 22, 2023

The growth in renewables over the past year has had a major impact on Australia's main electricity grid, with wholesale prices tumbling from their 2022 peaks, and grid demand and coal output sent to record lows. The post Solar behind big price falls as grid demand and coal power pushed to record lows appeared first on RenewEconomy.

NSW gets stunning low price for wind and solar in biggest renewables auction

Renew Economy

APRIL 30, 2023

NSW announced results of first renewable auction, with solar prices below $35/MWh and wind below $50/MWh. The post NSW gets stunning low price for wind and solar in biggest renewables auction appeared first on RenewEconomy.

How Australia created its own gas price mess

Renew Economy

AUGUST 4, 2022

The problems we face today with gas prices and supply are a result of decisions made almost 30 years ago that have been systematically ignored by governments. The post How Australia created its own gas price mess appeared first on RenewEconomy.

Coal outages strike across two states as power prices march up

Renew Economy

JUNE 12, 2023

Number of coal outages hit grid over long weekend as generator warns of more price hikes. The post Coal outages strike across two states as power prices march up appeared first on RenewEconomy.

Battery cell prices plunge in August, close to tipping point for the end of ICE vehicles

Renew Economy

SEPTEMBER 12, 2023

Price of battery cells plunges in August, taking it close to the "tipping point" where the cost of building battery-powered EVs can match that of internal combustion engine cars. The post Battery cell prices plunge in August, close to tipping point for the end of ICE vehicles appeared first on RenewEconomy.

“Lies and fantasies:” Bowen puts $387 billion price tag on Dutton’s nuclear plans

Renew Economy

SEPTEMBER 17, 2023

The post “Lies and fantasies:” Bowen puts $387 billion price tag on Dutton’s nuclear plans appeared first on RenewEconomy. Bowen releases costings of the Coalition's nuclear push, saying that it flies in the face of economics and reason, and climate science.

Solar module prices are at record lows, but they could halve again by 2040

Renew Economy

DECEMBER 6, 2023

The post Solar module prices are at record lows, but they could halve again by 2040 appeared first on RenewEconomy. The meteoric rise of solar PV – the quiet conqueror of coal around the globe – is showing no sign of slowing down because the cost of production is sinking to record lows.

Morrison’s “legacy” is higher power bills: Bowen pins price spike on Coalition

Renew Economy

MAY 25, 2022

Incoming energy minister Chris Bowen says electricity price increases are the legacy of Morrison's energy policy failures. The post Morrison’s “legacy” is higher power bills: Bowen pins price spike on Coalition appeared first on RenewEconomy.

Batteries go full tilt, set records, as prices lurch from market floor to cap

Renew Economy

FEBRUARY 22, 2024

The biggest battery in the South Australia operates at full tilt, and battery output overall hits new peak as wholesale electricity prices swung between the market floor to the market peak. The post Batteries go full tilt, set records, as prices lurch from market floor to cap appeared first on RenewEconomy.

Households slugged as Australia’s coal addiction sends electricity prices soaring

Renew Economy

MAY 25, 2022

Electricity prices in some parts of Australia will increase by as much as 14.1 per cent, as surging coal and gas costs push prices higher. The post Households slugged as Australia’s coal addiction sends electricity prices soaring appeared first on RenewEconomy.

Price cap could return on Tuesday as coal and gas drive prices higher again

Renew Economy

JULY 4, 2022

Price cap likely to return to Queensland on Tuesday as market operator seeks emergency reserves in country's most coal dependent state. The post Price cap could return on Tuesday as coal and gas drive prices higher again appeared first on RenewEconomy.

Regulator confirms another coal and gas fuelled power price hike. But why?

Renew Economy

MAY 24, 2023

Regulator flags power price hikes across the main grid, but experts question why prices are still being determined by frameworks first designed decades ago. The post Regulator confirms another coal and gas fuelled power price hike. appeared first on RenewEconomy.

Energy Insiders Podcast: What price Marinus?

Renew Economy

OCTOBER 5, 2023

Plus: Spring renewables surge delivers low prices, new records, and a push for more storage. The post Energy Insiders Podcast: What price Marinus? We talk to Caroline Wykamp and Prajit Parameswar from Marinus Link. appeared first on RenewEconomy.

Congestion pricing clears path to reduce traffic, fund transit

GreenBiz

JULY 11, 2023

New York City’s congestion pricing plan could curtail pollution and pay for lower-carbon modes of transportation.

Who wins in the gas-price blame game?

GreenBiz

MARCH 10, 2022

Don’t trust those profiting from high gas prices on what to do about high gas prices.

How going 100 pct renewables will shield one part of Australia from surging power prices

Renew Economy

JUNE 1, 2022

With the electricity market in crisis, one Australian jurisdiction could be shielded from higher prices thanks to buying 100 per cent renewables. The post How going 100 pct renewables will shield one part of Australia from surging power prices appeared first on RenewEconomy.

Offshore wind market in turmoil, as UK auction prices out projects, US costs soar

Renew Economy

SEPTEMBER 7, 2023

Fresh concerns emerge over the soaring cost of building offshore wind, with reports the latest UK government renewables auction has priced projects out of contention. The post Offshore wind market in turmoil, as UK auction prices out projects, US costs soar appeared first on RenewEconomy.

Consumers pay the hefty price of Australia’s fossil fuel addiction

Renew Economy

MARCH 14, 2023

Consumers pay price of fossil fuel addiction with retail electricity prices set to jump again in July across all of the mainland NEM states. The post Consumers pay the hefty price of Australia’s fossil fuel addiction appeared first on RenewEconomy.

Record wind and solar deliver lower prices, loosen coal and gas dominance over grid

Renew Economy

APRIL 27, 2023

Record wind and solar generation helped loosen the vice like grip of fossil fuels over the grid and send prices down and emissions to new lows. The post Record wind and solar deliver lower prices, loosen coal and gas dominance over grid appeared first on RenewEconomy.

Fossil gas will lose its hold on spot prices with more battery, hydro, wind and solar

Renew Economy

APRIL 9, 2023

And that will be good for spot prices. The post Fossil gas will lose its hold on spot prices with more battery, hydro, wind and solar appeared first on RenewEconomy. The role of fossil gas in the firming market will reduce with more battery storage, pumped hydro, wind and solar.

Negative prices: A “gift” to industry to shift demand and make new products

Renew Economy

OCTOBER 26, 2023

Telstra energy boss says negative prices are a "gift" to encourage big energy users to produce at low cost, and turn megawatt hours into petaflops, and other useful things. The post Negative prices: A “gift” to industry to shift demand and make new products appeared first on RenewEconomy.

Solar farms pocket eye-watering returns as fossil fuels drive power prices higher

Renew Economy

JULY 24, 2022

Two solar farms reveal they pocketed average revenue of nearly $200/MWh in the June quarter, thanks to the surge in wholesale prices propelled by fossil fuels. The post Solar farms pocket eye-watering returns as fossil fuels drive power prices higher appeared first on RenewEconomy.

Coal states miss out on benefits of cheap wind and solar, pay twice the price of power

Renew Economy

JANUARY 24, 2023

States most dependent on fossil fuels hit by surging prices, despite lowest ever coal output, the lowest gas generation for 18 years, and record wind and solar. The post Coal states miss out on benefits of cheap wind and solar, pay twice the price of power appeared first on RenewEconomy.

Is corporate price gouging to blame for inflation?

Corporate Knights

JANUARY 23, 2023

The former policy analyst for the Massachusetts Treasurer’s Office blames runaway inflation on companies taking advantage of COVID and supply chain chaos to hike prices way beyond normal levels. Highly profitable corporations have kept raising prices on working families while rewarding wealthy investors with billions in new handouts.”

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Banking Supply Chains Supply Chain

Wind and solar take wholesale electricity prices below zero for whole week in Victoria

Renew Economy

FEBRUARY 16, 2023

Victoria becomes first state grid to experience average negative wholesale electricity prices for whole week, thanks to wind and solar and low demand. The post Wind and solar take wholesale electricity prices below zero for whole week in Victoria appeared first on RenewEconomy.

T. Rowe Price Foundation Grants $6.5 Million To Support Non-Profits in Baltimore

3BL Media

JANUARY 8, 2024

Rowe Price Foundation announces $6.5 Rowe Price associates, community leaders and members, and national and global thought leaders. Rowe Price Foundation is dedicated to furthering its mission of supporting the workforce serving Baltimore City’s nonprofit sector with TrustPlus , a service of Neighborhood Financial Trust.

Development

Development Academics Banking

How an ‘Internal Water Price’ Helps Companies Make Better Decisions

3BL Media

JULY 14, 2022

Setting an internal price focused on the true value of water helps leaders better understand and manage risk. The end price of water is often undervalued and divorced from local realities, meaning it does not adequately account for scarcity or quality concerns. KEYWORDS: water, Water Pricing, water risk, NYSE:ECL, Ecolab.

Chief Sustainability Officer

Chief Sustainability Officer Development Supply Chains Supply Chain

Spring shows how more wind and solar leads to low prices – once built

Renew Economy

OCTOBER 2, 2023

Spring on the grid demonstrates that if you have enough renewables, the low variable costs will lead to low average prices. The post Spring shows how more wind and solar leads to low prices – once built appeared first on RenewEconomy. The challenge is to get the capacity built.

T. Rowe Price Joins Net Zero Asset Managers Initiative

3BL Media

MAY 4, 2022

Rowe Price. Rowe Price Group, Inc. Rowe Price. Rowe Price. “It ROWE PRICE. Rowe Price ( troweprice.com ) is a global investment management organization with US$1.55 Rowe Price's disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.

Net Zero

Australia has a carbon price for industry – and it may infuse greater climate action

Renew Economy

MARCH 30, 2023

Implementation of the safeguard mechanism bodes well for Australian climate policy and may also pave the way for carbon pricing beyond the industry sector. The post Australia has a carbon price for industry – and it may infuse greater climate action appeared first on RenewEconomy.

Eraring unit trips and sends prices soaring, just as Coalition launches new price scare campaign

Renew Economy

FEBRUARY 22, 2022

Eraring unit trips and sends prices soaring in NSW and Queensland, just as the federal Coalition launches new price scare campaign. The post Eraring unit trips and sends prices soaring, just as Coalition launches new price scare campaign appeared first on RenewEconomy.

Record wind and solar push down prices across grid, except for most coal dependent state

Fortescue says green hydrogen target still on track, but Australia projects stalled by power prices

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Greening grid muscles out fossil fuels, pushes down power prices

Webinars

Renewables drive down prices in first quarter, but heatwaves and outages cause spikes in coal dominated grids

Despite claims to the contrary, industrial carbon pricing is working well

Will water pricing be the next carbon pricing?

Wind turbines have negligible impact on house prices, new study finds

Record renewables drive prices down, but coal states still the most expensive

“This is nuts:” European power prices go negative as springtime renewables soar

Consumers to get “marginal” bill relief despite rooftop PV driving big falls in wholesale power prices

If we properly priced death caused by carbon emissions, we might get to net zero a lot quicker

Record rooftop solar output slashes wholesale electricity prices

“Price the damage:” Garnaut and Sims reboot calls for carbon “fee” for big polluters

Solar behind big price falls as grid demand and coal power pushed to record lows

NSW gets stunning low price for wind and solar in biggest renewables auction

How Australia created its own gas price mess

Coal outages strike across two states as power prices march up

Battery cell prices plunge in August, close to tipping point for the end of ICE vehicles

“Lies and fantasies:” Bowen puts $387 billion price tag on Dutton’s nuclear plans

Solar module prices are at record lows, but they could halve again by 2040

Morrison’s “legacy” is higher power bills: Bowen pins price spike on Coalition

Batteries go full tilt, set records, as prices lurch from market floor to cap

Households slugged as Australia’s coal addiction sends electricity prices soaring

Price cap could return on Tuesday as coal and gas drive prices higher again

Regulator confirms another coal and gas fuelled power price hike. But why?

Energy Insiders Podcast: What price Marinus?

Congestion pricing clears path to reduce traffic, fund transit

Who wins in the gas-price blame game?

How going 100 pct renewables will shield one part of Australia from surging power prices

Offshore wind market in turmoil, as UK auction prices out projects, US costs soar

Consumers pay the hefty price of Australia’s fossil fuel addiction

Record wind and solar deliver lower prices, loosen coal and gas dominance over grid

Fossil gas will lose its hold on spot prices with more battery, hydro, wind and solar

Negative prices: A “gift” to industry to shift demand and make new products

Solar farms pocket eye-watering returns as fossil fuels drive power prices higher

Coal states miss out on benefits of cheap wind and solar, pay twice the price of power

Is corporate price gouging to blame for inflation?

Wind and solar take wholesale electricity prices below zero for whole week in Victoria

T. Rowe Price Foundation Grants $6.5 Million To Support Non-Profits in Baltimore

How an ‘Internal Water Price’ Helps Companies Make Better Decisions

Spring shows how more wind and solar leads to low prices – once built

T. Rowe Price Joins Net Zero Asset Managers Initiative

Australia has a carbon price for industry – and it may infuse greater climate action

Eraring unit trips and sends prices soaring, just as Coalition launches new price scare campaign

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