The 2024 election of President Trump and a Republican-led Congress indicates a shift toward fossil fuel expansion, coal revival, reduced renewable subsidies, and expanded nuclear energy. Planned IRA cuts could slow clean energy growth, impacting EVs and emissions targets.
Lifting U.S. sanctions on Russian oil under Trump could increase global supply, lowering energy costs worldwide, including in Australia. This may challenge Australian LNG exports and could reduce short-term incentives for renewables, yet decarbonization goals remain strong.
The 2024 election of President Trump and a Republican-led Congress indicates a shift toward fossil fuel expansion, coal revival, reduced renewable subsidies, and expanded nuclear energy. Planned IRA cuts could slow clean energy growth, impacting EVs and emissions targets.
The NSW Government has confirmed an 8-hour minimum for Long-Term Energy Service Agreements and raised its long-duration storage target to 28 GWh by 2033, up from 16 GWh by 2030, to support energy system reliability and transition.
The World Energy Outlook 2024 highlights geopolitical risks, accelerating clean energy transitions, a 2030 peak for fossil fuel demand, rising electricity needs, and a critical investment gap in emerging economies to meet global climate goals.
SunCable secures key approval for its AAPowerLink project, with Mike Cannon-Brookes leading the charge.
University of Sydney researchers achieve 30% efficient perovskite-silicon solar cell, advancing next-gen solar commercialisation.