Yesterday
Origin Energy, AGL court private capital for billions in green assets
Origin Energy boss Frank Calabria and AGL Energy CEO Damien Nicks have put bankers to work in hunting billions to bring their renewables pipelines to life.
This Month
New Karoon boss says ‘no scenario’ where need for oil and gas ends
Carri Lockhart has given up most of her board seats to lead the Brazil-focused, ASX-listed oil producer and is confident in a long future for fossil fuels.
Loy Yang B coal set for long future after $6.5b Alinta sale
Singapore’s Sembcorp has given every indication the brown coal plant will run for many years, even as it fast-tracks Alinta’s renewables’ growth.
Sembcorp signs $6.5b deal to buy Alinta Energy
The deal was a point of discussion during Singapore prime minister Lawrence Wong’s first official visit to see his Australian counterpart Anthony Albanese in October.
Coal-fired power until 2049 as energy grid costs rise to $128b
Coal power is now expected to linger in the National Electricity Market until 2049 in the latest blueprint for the power grid.
Tensions flare among exporters in countdown to gas reserve
Queensland LNG ventures led by Origin Energy and Shell say there should be “no exceptions” for Santos’ GLNG in the east coast gas reservation system.
Chevron, Gorgon partners give green light for $3b gas investment
The project will involve the development of two new offshore gas fields, the first major investment in the Gorgon LNG venture for more than four years.
‘It’s our gas’: West Australian premier’s warning to Woodside
The state government in Perth is ramping up pressure on the company to sell more into the domestic market.
LNG giants make last ditch concessions to avert export controls
Santos’ GLNG venture has offered to cut purchases of gas from the domestic market and trim shipments as it attempts to head off far more onerous requirements.
Renewables go-slow shatters hopes for lower power prices
Households are likely to face higher power bills over the next 10 years because the pace of the clean energy build-out is too slow.
Bold O’Neill propels Woodside from Perth to global gas force
Five years into her tenure at the helm, it is clear that the Colorado-raised chief executive is prepared to act on her convictions.
‘Almost certain’ transition chaos in Victoria a warning for states
The Victorian government has not properly managed the risks of closing the state’s Yallourn coal power station in 2028, according to a new audit report.
Five V Capital acquires stake in solar, battery player Agile Energy
The duo’s arrival is expected to help Agile Energy go from 50 megawatts of solar and battery projects across the country to 200MW-plus.
Rebates have not stopped energy debt rising almost 20pc
Despite billions of dollars being spent on federal and state energy rebates, more households and small businesses are struggling to pay their bills.
Back to the drawing board on coal
As coal-fired power stations shut down, Australia’s energy system is becoming less reliable and less stable. What can fill the gap?
Best place to build a new $1b power plant? That’s in Queensland!
Meet the first of what should be a few gas peaking power plants in the Sunshine State.
FIRB delays puts $100m energy retailer buyout on brink of collapse
TPC Consolidated had agreed to sell itself to Chinese government-backed Beijing Energy in March last year, but approval has not been forthcoming for 18 months.
APA revs up gas power ambitions with $1b commitment
A new Queensland venture with a state-owned generator could be a model for the pipeline owner’s further investments in gas-based electricity, its CEO says.
AEMO warns of NSW blackouts if Eraring closes in 2027
Huge spinning machines needed to keep the state’s power grid stable when Eraring closes won’t arrive until after the generator’s 2027 shutdown date.
November
Korea Inc demands urgent review of clean energy policy settings
Steelmaker POSCO, Korea Gas, and LG Energy are among several major South Korean industrials calling for more investment-friendly policies from Canberra.
AirTrunk power knockback is Australia’s AI warning shot
Data centres are 10 times bigger and more power hungry than they used to be and our ageing energy infrastructure cannot keep up.
Woodside deal shows WA gas scheme is ‘a warning to government’
A lobby group representing some of WA’s biggest industrial players has a warning for the federal government and its future east coast reserve.
Mid-sized businesses must acknowledge emerging climate threats
With a dramatic rise in the cost and likelihood of extreme weather events, Aussie firms must think through all the ways global warming may impact them in the years ahead.
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Snowy Hydro inks deals to drive renewables expansion
Contracts to buy wind power and battery capacity should move two major projects in South Australia and Victoria closer to construction.
CBA breaks into electricity hedging to ease transition pain point
Increasingly volatile wholesale power prices are driving appetite among the bank’s clients for tools to manage pricing risk through the clean energy move.