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California Resources partners with Net Power for low-carbon power projects

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California Resources Corporation (CRC), its carbon management arm Carbon TerraVault (CTV), and Net Power have signed a memorandum of understanding (MoU) to advance low-carbon energy solutions in California.  The collaboration aims to integrate Net Power’s ultra-low emission power plants with CTV’s carbon capture and storage (CCS) infrastructure. The partnership will conduct feasibility studies to assess placing Net Power’s modular plants near CTV’s underground storage sites. This is expected to cut CO₂ transportation costs and enable…

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NSW launches Renewable Energy Planning Framework

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The New South Wales (NSW) government in Australia has introduced the Renewable Energy Planning Framework to streamline planning for renewable projects, ensuring investment stability and supporting regional economic growth.  Aligned with NSW’s Electricity Infrastructure Roadmap and emissions targets, the framework promotes transparent assessments of wind, transmission, and solar projects, emphasizing benefit-sharing with local communities. Key guidelines include setbacks for visual impact mitigation, hypothetical dwelling assessments, and direct benefits for regions, estimated to bring over A$400…

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NSW approves A$4.8bn Humelink transmission project

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The Minns Labor Government in New South Wales (NSW), Australia, has approved the A$4.8 billion ($3.12 billion) Humelink transmission project, a 365 km infrastructure line designed to deliver renewable energy across southern NSW.  Pending final approval from the Commonwealth Government, construction is set to commence this year, with completion targeted by 2027. The Humelink project is expected to create 1,600 construction jobs and contribute A$6.3 billion in direct and indirect investment to the regional economy. …