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Energy & Climate Summit

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The Albanese government is launching a new scheme to reach its renewable energy goal, underwriting private companies to build new projects to boost energy supply.

Energy and Climate Summit 2024

The Energy and Climate Summit addresses the big questions about the management and pace of the country’s energy transition and explores the opportunities it presents in our journey towards a low-carbon economy

Energy & Climate Summit - Final release registration

The Australian Financial Review’s Energy and Climate Summit addresses the big questions about the management and pace of the country’s energy transition and explores the opportunities it presents in our journey towards a low-carbon economy.

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Westpac joins $200m raise for unshackled climate VC

Westpac and the Clean Energy Finance Corporation will back Virescent Ventures’ second fund, which aims to raise $200 million to invest in climate tech start-ups.

  • Tess Bennett
Rooftop solar adoption has taken off.

Power prices surge as renewables output flatlines

A drop in output from solar farms and another increase in coal power output in the third quarter add evidence of the road bumps in the energy transition.

  • Angela Macdonald-Smith
Origin Energy chief executive Frank Calabria said the company would focus its efforts on renewable energy generation rather than hydrogen.

Origin Energy deals big blow to Australia’s hydrogen hopes

The electricity and gas giant will not proceed with a project in the Hunter, which had been shortlisted for funding as part of Labor’s $2 billion incentive scheme.

  • Updated
  • Elouise Fowler and Jessica Sier

The secret plan to bring a floating LNG terminal to Melbourne

The Victorian government is examining a floating liquefied natural gas terminal in the southwest of Port Phillip Bay.

  • Patrick Durkin

Peak-demand utility expands solar farm portfolio by a third

CleanPeak Energy has bought three farms from a European company listed on the Warsaw, Prague and Frankfurt Stock Exchanges. 

  • Elouise Fowler
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September

Minister for Climate Change and Energy Chris Bowen.

Australia favourite to host COP31 climate talks

A growing coalition of countries is backing Labor’s plans for the 2026 summit to be hosted in concert with Pacific countries.

  • Tom McIlroy
Whether nuclear power should help replace retiring coal power stations is a major topic of debate.

Dutton’s nuclear policy put to the test

Several of the fundamental arguments made by Opposition Leader Peter Dutton to underpin the Coalition’s nuclear policy do not convince independent energy experts.

  • Angela Macdonald-Smith
Eraring coal-fired power station faces a challenging final phase.

Origin reworks coal power stalwart for final years

The giant Eraring coal generator faces a dynamic last few years to cope with the influx of renewables as the baseload site reinvents itself.

  • Angela Macdonald-Smith

August

The Albanese government is launching a new scheme to reach its renewable energy goal, underwriting private companies to build new projects to boost energy supply.

Energy and Climate Summit 2024

The Energy and Climate Summit addresses the big questions about the management and pace of the country’s energy transition and explores the opportunities it presents in our journey towards a low-carbon economy

July

Nuclear talk finally goes ahead after Holmes à Court criticism

The engineer whose nuclear speech was cancelled the day renewable energy advocate Simon Holmes à Court objected to it has finally delivered the talk.

  • John Kehoe
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 “Success is not assured,” warns BHP chief executive Mike Henry.

BHP warns on ‘made in Australia’

BHP has warned the Albanese government that its flagship Future Made in Australia policy risks being undercut by the economy’s high costs, unproductive workplace laws, and uncompetitive tax system.

  • Phillip Coorey

We need to clear the runway for new gas supply

Growing acceptance from governments of the role of gas in the energy transition is yet to translate into actions to clear the backlog of projects stuck in regulatory approval purgatory.

  • Samantha McCulloch
Clean energy debate is heating up.

Project Bravo: BNRG, Leeson seek backers for 30MW solar project

Three are located within the Gippsland Renewable Energy Zone, but all have a 22 kilovolt distribution line nearby, according to the flyer.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
The battery will be installed close to an ageing coal power plant that is due to close in 2027.

Origin Energy ups battery investments with $450m Eraring project

The second power storage system to be installed at the NSW Central Coast site will have more than double the duration of the first one.

  • Angela Macdonald-Smith
Peter Dutton has a fight on his hands to convince voters of his nuclear power plans.

Dutton slams energy ‘fanatics’ on both sides as he spruiks nuclear

Peter Dutton has seized on new data showing the east coast grid was heavily reliant on coal and gas during recent winter months due to a lack of wind and sun.

  • Phillip Coorey
Wind farms produced much less electricity in the June quarter than is typical for the period.

Cold snap confirms energy price surge, and need for gas and coal

Light winds through much of the June quarter drove a return to gas and coal power, and pushed up wholesale prices drastically in some states.

  • Angela Macdonald-Smith
Woodside CEO Meg O’Neill at a conference in Perth in May.

Woodside says investors back $1.4b US buy, but some have questions

Meg O’Neill says no investors have questioned investing in US LNG, but Aware Super queried the impact on climate targets and shares fell further on Tuesday.

  • Updated
  • Angela Macdonald-Smith
Resources Minister Madeleine King.

New gas needed for energy transition, domestic supply: minister

The Albanese government has given the green light to gas exploration in the east and west coast. But safeguards have failed to placate green groups.

  • Phillip Coorey
David Rowe editorial cartoon 25 September 2019. Greta Thunberg, Donald Trump, Scott Morrison, Wall Street, climate change, coal.

Climate balance sheet reveals a dire bottom line

Letters from readers on the climate debate; ANZ’s bonds scandal; energy wars; Fortescue job losses; remembering MH17 victims; and a post-election exodus from the US.

Energy Minister Chris Bowen said reports of the death of Green hydrogen are exaggerated

Green hydrogen not dead despite Fortescue retreat, says Bowen

State energy ministers have unanimously reiterated their opposition to Peter Dutton’s nuclear plans.

  • Phillip Coorey
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Cheap renewable power is one driver for affordable hydrogen.

Energy CEOs urge industry not to quit hydrogen dream

Australian businesses need to be smarter and work harder to overcome the cost hurdles in hydrogen, which has a strong future in some industries, CEOs insist.

  • Angela Macdonald-Smith
Andrew Forrest has scaled back Fortescue’s green hydrogen ambitions.

Don’t put all energy transition eggs in one green basket

The energy revolution is producing militant evangelists and sceptics of individual technologies. Andrew Forrest’s hydrogen retreat shows policymakers need to be more open-minded.

  • The AFR View
Alan Finkel says green hydrogen will be used as a chemical to produce decarbonised products for export,

Green hydrogen too ‘expensive and inefficient’: Finkel

Former chief scientist Alan Finkel – who devised Australia’s first clean hydrogen strategy – now says we are “unlikely to use hydrogen for storage of electricity”.

  • Angela Macdonald-Smith, Peter Ker and Jessica Sier
Fortescue chairman Andrew Forrest has curbed his hydrogen ambitions.

Albanese sticks to hydrogen despite Fortescue retreat

Andrew Forrest ditching plans to produce 15 million tonnes of green hydrogen by 2030 has sparked questions over the government’s climate policies.

  • Andrew Tillett and Brad Thompson
Part of the $2.3 billion EnergyConnect transmission line being built between South Australia and NSW.

Downer EDI pitches in on flailing EnergyConnect construction

The troubles at the cable project are being closely watched because its failure would imperil the entire build-out of the transmission grid, sources say.

  • Angela Macdonald-Smith and Jenny Wiggins

Original URL: https://www.afr.com/topic/afr-energy---climate-summit-1n8k