World News

Australian Government Greenlights 45 Renewable Energy Projects, With Another 128 in the Pipeline

The most recent development is the approval of a new solar farm in Central West New South Wales.

The Albanese government has given the green light to 45 renewable energy projects, with another 128 in the pipeline.

Federal Environment Minister Tanya Plibersek announced the latest project on March 22.

This new solar farm, intended to power 200,000 homes, will be located in the central west of New South Wales.

The Sandy Creek Solar Farm, an 840-megawatt solar farm and battery energy storage system, will be built 25 kilometers southwest of Dunedoo.

Ms. Plibersek emphasized the government’s aim to unlock Australia’s potential as a renewable energy superpower.

“It’s a significant endeavor, and we are working diligently to achieve it. So far, I have approved 45 renewable energy projects with another 128 in the approval process,” she stated.

Related Stories

“We aim to unleash the potential of Australia as a renewable energy powerhouse.”

The project received approval following an evaluation under Australia’s national environmental law.

Highlighting the project’s benefits, the government lauded that the solar farm would lead to savings equivalent to 1.4 million carbon dioxide equivalent emissions.

“The project is anticipated to save almost 1,400,000 tonnes of carbon dioxide equivalent emissions, comparable to the emissions of 440,000 cars off the road for a year,” the government reported.

The project will create 600 employment opportunities during the construction phase and sustain 10 long-term jobs.

“We acknowledge that projects like this are crucial for boosting renewables, but they also have positive impacts on local jobs and economies,” the government emphasized.

Recently, the Federal government allocated a $20.1 million taxpayer grant through the Australian Renewable Energy Agency (ARENA) for a fleet of 43 electric trucks.

‘Renewable Only’ Strategy Concern

On the other hand, the Opposition has raised concerns that the government’s sole focus on renewables is increasing electricity prices.

In the parliament on March 20, Shadow Minister for Energy Affordability and Western Sydney Melissa McIntosh highlighted the challenges faced by a Western Sydney food charity at risk of closure due to rising energy bills by $900.

“When will the minister acknowledge that the Albanese government’s flawed renewables-only energy policy is leading Australia in the wrong direction?” she inquired (pdf).

In response, Climate Change and Energy Minister Chris Bowen pointed to a recent announcement indicating upcoming decreases in energy costs.

“There is still a lot of work to be done; no one should be complacent, and there are evident pressures in the system,” Mr. Bowen stated.

Opposition Leader Dutton confirmed that the Coalition will advocate for nuclear power in Australia in the next election.

“We will. I believe it’s in the best interest of our country,” Mr. Dutton said on 2GB radio.

“We need to address the uncertainties around supply—thus, we need to ensure that we can maintain a stable energy supply.”

Mr. Dutton claimed that “over-reliance on renewables” escalates prices, highlighting that with “baseload power in the energy mix like nuclear, prices remain lower.

“Nuclear is the only proven technology that emits zero emissions and bolsters renewables,” he stated in a speech at the Australian Financial Review Business Summit in Sydney.

Renewable Spend Continues

The Federal government continues to unveil new funding for renewable projects and crucial minerals.

On March 20, the Albanese government announced the introduction of three new EV charging stations as part of a $78.6 million Driving the Nation Fund in partnership with the NRMA.

Moreover, Prime Minister Anthony Albanese recently disclosed that parcel delivery company Team Global Express will replace a third of its trucks in Western Sydney with electric vehicles.

Despite the total project cost amounting to $44.3 million, the government will contribute more than $20 million to the initiative.

“We already have numerous electric buses and cars on the roads. This ground-breaking project will help modernize our truck fleet, cut emissions, reduce fuel costs, and minimize air pollution,” Mr. Albanese articulated in a statement.

“This initiative upholds our election promise through the Driving the Nation Fund to reduce transport emissions and deploy charging infrastructure nationwide.”

Team Global Express CEO Ms. Holgate expressed enthusiasm about the trucks traversing Sydney roads, delivering parcels directly to residential and commercial customers.

“Team Global Express takes pride in implementing an electric vehicle trial of this magnitude and supporting our industry and country’s transition towards renewable energy,” Ms. Holgate conveyed.

Further, the Albanese government is investing in critical minerals projects that contribute to materials utilized in renewable energy sources.

On March 13, the government revealed plans to provide $230 million to the Liontown Resources Kathleen Valley Lithium Project in Western Australia, crucial for EV batteries.

“Nine of the ten critical minerals essential for lithium batteries are present in Australia, presenting vast job and economic prospects in the net-zero transformation,” Mr. Bowen stated.

In addition, the government is allocating $840 million to rare earths miner Arafura Rare Earths to advance Australia’s inaugural rare earth mine and refinery, the Nolans Rare Earths Project in the Northern Territory.

This venture will yield Neodymium and Praseodymium (NdPr), which are integral components in EV and wind turbine magnets.

“Securing this level of backing from the Commonwealth government represents a critical milestone in becoming a globally significant NdPr producer, a product essential for EV and wind turbine manufacturers to meet future growth targets in the energy transition,” Arafura CEO Darryl Cuzzubbo remarked (pdf).
On March 14, the government unveiled three new electric vehicle charging stations opening in the Northern Territory as part of the government’s collaboration on a national EV fast-charging network.
Mr. Bowen reiterated that the government’s 82 percent renewables by 2030 plan is driving historic investment in batteries and large-scale storage, including $4.9 billion in new financial commitments.

Source link


I'm TruthUSA, the author behind TruthUSA News Hub located at With our One Story at a Time," my aim is to provide you with unbiased and comprehensive news coverage. I dive deep into the latest happenings in the US and global events, and bring you objective stories sourced from reputable sources. My goal is to keep you informed and enlightened, ensuring you have access to the truth. Stay tuned to TruthUSA News Hub to discover the reality behind the headlines and gain a well-rounded perspective on the world.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.