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Clough collapse threatens $10b of energy transition projects

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Federal Climate Change and Energy Minister Chris Bowen is seeking urgent briefings from his department as the government seeks to limit the fallout from the collapse of engineering contractor Clough, amid a threat to almost $10 billion of projects critical to Australia’s energy transition.

The failure of Clough has added another level of urgency to discussions among energy ministers due to take place in Brisbane on Thursday, regarding reforms to spur investment in infrastructure needed to keep the lights on during the shift to low-carbon energy.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com

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    Original URL: https://www.afr.com/companies/energy/clough-collapse-threatens-10b-of-energy-transition-projects-20221206-p5c41s