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Australian renewables see wholesale buck January trends

Australian renewables see wholesale buck January trends: In Australia, the month of January normally sees a spike in the average wholesale price. However, according to research from Cornwall Insight Australia, January bucked this historical trend with the price trending lower in the first month of 2021 across all states, building on the low-price outcomes in…
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Up to 17GW of renewables eligible for CfD AR4

Up to 17GW of renewables eligible for CfD AR4: Cornwall Insight’s Renewable Pipeline Tracker service has examined the potential capacity that could enter the Contract for Difference (CfD) Allocation Round (AR) 4, with the analysis showing there is currently 17GW* of technologies likely to be eligible to bid. This analysis is based on Cornwall Insight’s…
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67% of new power added in 2019 was solar and wind

67% of new power capacity added globally in 2019 was contributed by solar and wind. A new report by the research consultancy BloombergNEF (BNEF) has found, which suggests solar made up for 45% of capacity added with one-third of all countries making it their top choice. PV topped all other technologies in new-build terms, with…
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