Clean Energy Council: Investment in renewable energy slumps 80pc as 2030 climate target fades

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 90%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The peak body for the renewables industry said the low level of commitments to new projects last year was due to grid bottlenecks and slow planning approvals.

Already a subscriber?Investment in new large-scale renewable energy capacity fell by almost 80 per cent last year as grid bottlenecks, slow planning and environmental approvals, higher costs and tight labour markets took a heavy toll on Australia’s chances of reaching 2030 climate targets.

No new wind turbines were built in the past year, although big batteries were a standout bright spot in commitments to clean energy projects.It was the lowest level for new commitments to large-scale renewables – a lead indicator for future expansion – since the CEC started tracking investment in 2017.

The CEC described 2023 as “particularly poor” for new investment in large wind and solar plants, which gives a strong signal to where the sector is headed. The CEC said the slump reflected “a more complex and challenging landscape for new investment decisions” and noted that the government’s expanded Capacity Investment Scheme, announced in November, should reverse the trend.is designed to deliver an additional 32 gigawatts of capacity by 2030, costing about $67 billion,

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 2. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Australia to Establish $2 Billion Finance Facility for Green Energy Investment in South-East AsiaThe Australian government will establish a $2 billion finance facility to help fund green energy and infrastructure investment in South-East Asia, to tap into spiralling demand for renewable power in the region between now and 2050. The facility will provide loans, guarantees, equity and insurance to help bolster trade and investment with the ASEAN bloc.
Fonte: FinancialReview - 🏆 2. / 90 Consulte Mais informação »

Energy stocks GNX: The ASX is not the place for pure energy transition betsThe ASX just hasn’t cracked it as a destination for the next wave of green electricity generators. Genex Power is the latest to be worth more in private hands.
Fonte: FinancialReview - 🏆 2. / 90 Consulte Mais informação »