Yesterday
Abu Dhabi sovereign wealth fund Adia to sell $2b-plus Transgrid stake
Two major ownership shake-ups have happened in double-quick time this year, a clear indication of strong market demand for the energy transition thematic.
This Month
‘Fails the pub test’: Farmers taxed for supporting energy transition
Landowners are being hit with big tax bills for selling their holdings to make way for critical energy infrastructure.
Victoria walks back timetable for key Gippsland wind infrastructure
In a delayed update, the state removed references to when a marine supply base was expected to be operational and dropped details of offtake contract auctions.
Tariff war compounds fear over transmission cost blowouts
Evidence is clear that big energy projects are already costing more and more, and the breakdown of global trade will worsen it. But there is a silver lining.
Battery policy makes ‘economic sense for everyone’
Labor’s pledge to subsidise new home batteries is expected to charge take-up, help households save on their energy bills, and reduce the time it takes to pay them off.
Singapore’s GIC to acquire $1b-plus stake in NSW’s Transgrid
UTA’s sale has played out in parallel with fellow shareholder OMERS’ negotiations to sell a 19.99 per cent stake, acquired for $2 billion-plus in 2020, to the Future Fund.
Gas to qualify as ‘critical mineral’ under Coalition
Natural gas would rank alongside lithium in being eligible for funding from the $4 billion critical minerals facility, shadow resources minister Susan McDonald said.
Gas policy ‘taken over by activists’: Beach CEO
Brett Woods also took aim at politicians opposing local gas supply projects that are forcing the industry towards more emissions intensive and expensive imports.
Korean giant strikes out at gas intervention
Kogas has questioned whether it can still rely on its contracts to buy Australian LNG, given mounting government intervention in the domestic gas market.
March
Federation plots a path from asset manager to batteries developer
The investment firm is launching a multi-billion dollar platform that will specialise building and operating large, long-duration storage.
Record winter gas shortfall is coming: ACCC
Ensuring Queensland’s LNG exporters divert unsold gas to the local market will be critical to avoid supply shocks, the watchdog said.
Dutton should step on the gas at the election
Voters don’t want to hear any more politicians going on about targets that will be never be met. They want to know when they’ll get affordable, reliable and abundant electricity again.
Gas producers wary of plan to reserve domestic supplies
Any plan to reserve gas would do little to avert a shortage threatening south-east Australia later this decade, industry executives say.
BYD overtakes Tesla to secure pole position in EV race
The Chinese electric carmaker’s latest full-year financial results reveal the extent of this power shift, with it surpassing the $US100 billion revenue mark.
$6.8b power bill relief could have bought 500k Tesla batteries
The $6.8 billion spent on power bill relief since 2022 could have subsidised the electrification of up to 600,000 homes.
Victorian energy shortage fears drive $400m investment in gas venture
Buyer interest and higher prices provide confidence in what is the largest new project in the south-east, said Amplitude Energy chief executive Jane Norman.
Brookfield defies Trump pushback on energy transition
Brookfield, the largest owner-operator of renewables generation in Australia, says global green energy investment is unstoppable despite the return of Trump.
Wang Chuanfu, the ‘humble’ BYD founder with a battery obsession
Chinese electric vehicle maker’s new five-minute charging system puts the disrupter one step closer to conquering global markets.
Greens join army of crossbench home battery boosters
Under the proposal, households looking to replace their gas appliances with electric versions would be able to access up to $10,000 in grants and $20,000 in low-interest loans.
BYD unveils EV battery that charges in just 5 minutes
The Chinese company said its new EV system was capable of providing 400 kilometres of range in five minutes, charging more than twice as fast as a Tesla.