Yesterday
Aramco denial fuels doubts over Santos’ portfolio
The Saudi giant may be one of several oil and gas producers that took a look at the $25.8 billion ASX company but decided against advancing a formal offer.
Coal power on comeback trail as wind, solar falter
Electricity generation from coal has surged for the first time in nine years, wrecking emissions cuts and hammering home the disarray of Australia’s energy transition.
This Month
Santos wins court battle on EDO funding quest
The Federal Court also cleared the way for Santos to pursue the Environmental Defenders Office for costs in its failed case against the Barossa gas project.
Saudi, UAE interest puts $25b Santos in play
Renewed takeover speculation has underlined the oil and gas producer’s status as a potential target in the wave of global energy consolidation.
- Exclusive
- Emissions
NSW coal power stations put on notice over CO₂ limits
The new licence conditions come amid a resurgence in coal power generation in the state and across the National Electricity Market in the June quarter.
Why overseas money is pouring into Australian green energy
The country’s electricity generation sector is being radically reshaped, and there is hardly a household name among the big participants in solar, wind and batteries.
RBA inflation target challenged by power prices
Other areas of the economy will need to offset the impact of higher than expected power prices to keep inflation within target, economists say.
Power prices to surge amid sluggish rollout of clean energy: UBS
Wholesale power prices could be almost 50 per cent higher than last year, the investment bank’s analysts warn, as renewables project development has stalled.
June
Nuclear power would do little to reduce need for renewables: report
The task of reaching a net-zero emissions power sector is “Herculean” but can be done without nuclear.
Nation’s first renewable energy zone wins approval
The Central-West Orana infrastructure project is intended to drive up to $20 billion in private investment in solar, wind and storage projects.
Nuclear out in cold in $122b power grid plan
The energy market operator says work needs to start on another $3.4 billion of transmission lines in its latest $122 billion plan to transform the power grid.
- Updated
- Gas crisis
Labor delivers all-clear for $1b Rinehart-backed Senex gas project
The decision to grant environmental clearance for the Atlas development brings to an end an approvals process that has lasted almost two years.
- Updated
Qld to force public buyout of scandal-plagued Callide C power station
Queensland will force a buyout of Callide C power station after a damning report cited alarming safety risks behind the catastrophic explosion in 2021.
‘Dark doldrums’ hits wind power supply
A “drought” in wind power generation, described by the German word dunkelflaute meaning “dark doldrums”, has surprised the market and contributed to a squeeze on east-coast gas supplies inflating wholesale prices.
Grant King to succeed Jerry Maycock as Transgrid chairman
The changeover at the helm of the NSW grid owner comes as the build-out of the transmission system has become a major stumbling block to the energy transition.
- Exclusive
- Mergers & acquisitions
Renewables investing ‘not for everyone’, says Brookfield-target Neoen
Neoen global boss Xavier Barbaro says the capital intensity of the renewables industry is impacting investor appetite.
Skyrocketing gas prices intensify fears of shortage this winter
There are growing fears the long-forecast shortage in supplies in the south-eastern states will emerge this winter, hitting manufacturers hard.
- Updated
Tech no hurdle for Coalition’s nuclear plan
Several proven technologies would fit the bill for the opposition’s nuclear expansion plan, while Australia has a head start on nuclear regulation, experts say.
Gas shortage warning exposes deep energy mess
Low wind power amid a cold snap is threatening to create a gas shortfall – exposing the effect of supply restrictions and jeopardising the Coalition’s nuclear ambitions.
- Updated
Nuclear no help in today’s energy supply crisis: industry
Energy-intensive industry says the Coalition’s nuclear plan delays action on emissions and doesn’t address energy security and affordability for the next decade.