WA Electricity Industry Weekly News Roundup: 9 November 2020 – 15 November 2020

Headlines

World’s largest renewable energy project proposed for north-west Australia ditches electricity in favour of ammonia exports [10/11/2020]

The Asian Renewable Energy Hub, an international green energy company planning to build the world’s largest wind-and-solar power generator in the Australian outback, has ditched plans to send electricity through thousands of kilometres of undersea cables to Singapore, despite receiving environmental approvals, hoping instead to produce ammonia for export instead of electricity.

Third-generation sparky to pocket $33m from float [10/11/2020]

GenusPlus founder David Riches is selling down his stake in the fast-growing company, which hopes to take advantage of an expected spending blitz on Australia’s energy sector over the next five years.

Oil companies join forces on 1.1GW offshore wind farm plan for WA [10/11/2020]

Pilot Energy’s plans to develop a 1,100MW offshore wind project alongside onshore wind and solar farms on the Western Australian coast have gained momentum this week after the oil and gas explorer signed a joint venture deal with fellow Perth resources outfit Triangle Energy.

Biggest solar farm outside main grids nearly complete, miner counts huge savings [10/11/2020]

The biggest solar farm to be built in Australia outside of its two main grids is nearing completion, with more than 90 per cent of the 60MW Chichester solar farm in the Pilbara installed as at the end of October.

Collie’s Bluewaters Power worthless: Sumitomo [10/11/2020]

Sumitomo has completely written off the debt-laden Bluewaters coal-fired power station in Collie after paying $600 million for it less than a decade ago.

Tesla tip spurs Perth company’s lithium-ion battery ambitions [11/11/2020]

ASX-listed company Altech Chemicals is hoping to hitch a ride on the booming electric vehicle market in a joint venture to develop the sort of high capacity, long cycle-life silicon-based materials hailed by Tesla as the next big thing in lithium-ion battery technology.

Jobs bonanza up for grabs if WA goes green, says Bankwest Curtin Economics Centre report [12/11/2020]

Creating a “green” State would be a jobs bonanza for WA and add $16 billion to the local economy, while also shrinking its environmental footprint, according to a new Bankwest Curtin Economics Centre report.

CPB fails in $8m claim [13/11/2020]

The Supreme Court has dismissed an $8.4 million damages claim by CPB Contractors against one of the suppliers on a Mid West wind farm project.

Announcements

EPWA: Energy Consumer Grants [10/11/2020]

The Minister for Energy has announced the recipients of the first Western Australian Advocacy for Consumers of Energy Grants funding round.

WA Government: New $15 million energy hub for Peel region [12/11/2020]

Energy Minister Bill Johnston today officially opened Western Power’s $15 million Pinjarra depot on Munday Avenue. The new depot combines the Mandurah and Waroona depots, and will enhance the co-ordination and service reach for customers in the Peel region. 

Publications

Green Shoots: Opportunities to grow a sustainable WA economy [12/11/2020]

Bankwest Curtin Economics Centre: the fifth report in the Focus on Industry series, looks at the green economy, taking stock of the current environmental footprint and development of ‘green’ sectors as well as identifying opportunities to grow a sustainable and diverse Western Australian economy.

Consultations

EPWA: WA’s energy sector governance arrangements are changing [11/11/2020]

Improvements to WA’s energy sector governance arrangements are proposed to respond to the rapid pace of change in the sector. Energy Policy WA invites your feedback on these important developments. Link to consultation paper (PDF, 1.28 MB)