Opportunities cost – how Australia is inadvertently squandering its long-term benefits from the energy transition

whitePaper | January 20, 2023

The Inflation Reduction Act (IRA) of 2022 will move electric vehicle (EV) sales into the fast lane for consumers in the United States across all vehicle types.

whitePaper | June 22, 2022

California’s electricity system is undergoing rapid transformation on the pathway to 100% renewable power, with the expected high penetration of renewables, electrification of buildings and transportation, and deployment of behind-the-meter (BTM) distributed energy resources (DERs). Many stakeholders are concerned about potential adverse impacts of these trends on the State’s power grid (see section 3.1) and agree that going forward it is essential for California to leverage demand response (also referred to as load or demand flexibility management) as a critical resource in integrated resource planning (IRP) to meet the State’s aggressive GHG emissions reduction targets.

whitePaper | August 11, 2022

The global climate change summit, COP26, in November last year emphasised the urgent need to keep 1.5 degrees Celsius alive, limit global warming and push for more low-carbon power, as well as renewables. Then prices for energy began to skyrocket in Europe and Asian markets in January due to post-COVID energy bottlenecks. Finally, the recent war in Ukraine has emboldened world leaders’ to prioritise energy security and question where their imported fuels come from.

whitePaper | November 29, 2022

Renewables are expected to account for 80–90% of power generation globally by 2050. Due to their dependence on weather conditions, wind and solar power cannot provide constant baseload power during all hours of the day, and measures have to be taken to compensate for this intermittency. The good news is that such imbalances or fluctuations can be mitigated effectively using battery energy storage systems (BESSs).

whitePaper | January 2, 2023

Peninsula Clean Energy is leading the charge to fight climate change by radically transforming the electricity sector. We have one of the most aggressive renewable energy goals in the world: Providing our 310,000 residential, commercial, and industrial customers with renewable energy on an hourly basis by 2025. Over the last two years, we have built, tested, and leveraged a new 24/7 clean energy procurement modeling tool, MATCH (Matching Around-The-Clock Hourly energy), to answer the critical questions: What is the optimal 24/7 renewable energy portfolio, how much will it cost, what are the emissions reduction benefits, and what are the impacts to the broader energy system?

whitePaper | February 12, 2023

Amidst the rapid developments the floating offshore wind industry is experiencing, this white paper intends to build a preliminary classification of floating wind heavy maintenance concept types under development. Through a high-level comparative assessment of assigned crane families and an overarching discussion on strategy considerations, this white paper hopes to inform the decision processes of key stakeholders in the field. The findings from this work feed into the wider discussions of WFO’s Floating Offshore Wind Committee (FOWC), where the insurability and bankability perspective reflects on the challenges of floating wind and the new technologies that aim to solve them. These cross-discipline conversations remind us of the need to balance cost reductions and safety measures to preserve the risk perception of floating wind technologies, especially for the first commercial-scale projects.