According to The PV magazine, both New South Wales (NSW) and Queensland handed down their 2022-23 state budgets on Tuesday pushing the line that clean energy investments would lead the states to future prosperity.
The NSW government has allocated $1.2 billion to fast-track priority transmission and energy storage projects, an announcement it made earlier this month.
In total, the QLD government said its 2022-23 budget delivers more than $2 billion for large-scale storage, renewable energy projects and generation and transmission investment, though this total seems to build on previous pledges and schemes.

https://www.pv-magazine-australia.com/2022/06/22/nsw-queensland-budgets-handed-down-both-link-clean-energy-investments-to-prosperity/

 

According to The Australian Financial Review, Japan’s Mitsui says it is seeking to optimise its coking coal portfolio as it mulls the sale of its Queensland coal assets and seeks to ramp up investments in clean energy sources.
However, analysts said that while Japanese companies wanted to reduce their exposure to coal, the country faced a crippling energy shortage, exacerbated by the war in Ukraine and would still need Australian fossil fuels in the medium term.

https://www.afr.com/world/asia/japan-divests-some-coal-but-still-needs-fossil-fuels-analysts-20220620-p5av3f

 

According to The Australian Financial Review, AGL Energy has joined with local manufacturers such as Brickworks as well as major LNG buyers such as Japan’s Inpex to examine a potential green hydrogen plant in South Australia that could serve domestic and export markets with clean fuel.
The country’s biggest cement manufacturer Adbri and Japan’s Osaka Gas are also part of the consortium that will study the project, which fits with AGL’s plans to repurpose its Torrens Island power station site in Adelaide for low-carbon energy. AGL gave no potential cost of timing for the project.

https://www.afr.com/companies/energy/agl-brickworks-plan-hydrogen-hub-in-adelaide-20220617-p5aujv

According to The Lexology, Fortescue Future Industries, Santos, BP and Jemena are among the companies participating in a trial of Australia’s Hydrogen Guarantee of Origin certification scheme.
As consensus builds worldwide on the need to achieve net zero, and emerging hydrogen markets indicate an increasing focus on the origin of the hydrogen in those markets, there's broad recognition that a robust, globally recognised certification of origin scheme is critical for all participants in the hydrogen industry.
In June 2021, the Australian Government released a Discussion Paper on the design of Australia's Hydrogen Guarantee of Origin (Hydrogen GO) certification scheme, which dealt with issues including the potential introduction of a new type of renewable energy certificate and the role of carbon offsets.

https://www.lexology.com/library/detail.aspx?g=7ff6f89d-1ec5-494a-969c-c37354a54199

 

According to The Australian Financial Review, global demand for battery-powered cars is racing ahead faster than expected, Boston Consulting Group said as it brought forward sales forecasts despite concerns over shortages of batteries and charging infrastructure.
The consulting group now forecasts that battery electric vehicles (BEVs) will account for one-fifth of global light vehicle sales in 2025, and 59 per cent in 2035, and that there will be more battery electric vehicles sold than any other type of light vehicle (including hybrids and petrol-fuelled cars) by 2028.

https://www.afr.com/companies/transport/one-fifth-of-new-cars-will-be-powered-by-batteries-by-2025-20220609-p5asjw

According to The Australian Financial Review, increased planting by Victorian and Queensland grain farmers has set Australia up for a third consecutive bumper harvest amid a global supply crunch that is raising fears of a food crisis.
In its 2022-23 winter crop outlook report, agri-lender Rabobank predicts this year’s planted crop area will reach a record 23.83 million hectares, up nearly 1 per cent on last year’s record and 11 per cent above the five-year average.

https://www.afr.com/companies/agriculture/record-grain-plantings-point-to-bumper-harvest-amid-food-crisis-20220531-p5apx2

 

According to The Australian Financial Review, surging power prices are driving massive interest in solar panels and batteries, according to operators in Victoria and NSW.
Households and businesses were last week warned to brace for higher power prices over the next few years after the Australian Energy Regulator approved price increases of up to 18 per cent in NSW and 12 per cent in Queensland from July 1.
Sydney-based Natural Solar sales revenue for the last 21 days is 248 per cent higher than the corresponding period for 2021, according to founder and CEO Chris Williams, and a whopping 544 per cent higher than the corresponding period in 2020.

https://www.afr.com/companies/energy/electricity-prices-powering-huge-increase-in-demand-for-solar-20220603-p5aqwt

According to The Australian Financial Review, the former Kwinana oil refinery will be the core of a multi-billion-dollar energy transition plan by BP in Australia.
The British oil and gas company’s commitment to the construction of a plant to make renewable diesel and aviation fuel at the site near Fremantle, Western Australia, is due to kick off in earnest next year.
The company, which also holds stakes in the North West Shelf LNG venture and the undeveloped Browse gas project in Western Australia, is also examining options for energy transition projects at its second former refinery site, at Bulwer Island in Brisbane.

https://www.afr.com/companies/energy/bp-s-green-transformation-starts-with-kwinana-20220520-p5amzb

According to The Australian Financial Review, scrap metal recycling company Sims has acquired a large parcel of land in the Brisbane port precinct for $93 million in the first step of a bigger plan to set up a metal recycling and processing plant on the site.
The acquisition is in line with chief executive Alistair Field’s strategy of ensuring metals operations are located close to deepwater ports so that metal products can be shipped around the world to satisfy rising customer demand for recycled metals.

https://www.afr.com/companies/manufacturing/sims-buys-93m-deep-water-site-for-qld-metals-plant-20220519-p5ammi

According to the statement from the QLD government, Queensland is powering ahead in the new global renewable energy era, taking another significant step towards exporting green hydrogen to Europe’s largest port.
Minister for Energy, Renewables and Hydrogen Mick de Brenni said a Memorandum of Understanding has now been signed with the Port of Rotterdam in The Netherlands to collaborate on opportunities to develop a hydrogen export supply chain.
 “The Port of Rotterdam has a target to import up to 20 million tonnes of hydrogen by 2050, starting with imports of ammonia in 2025.

https://statements.qld.gov.au/statements/95128