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Energy

This Month

Federal Minister for Climate Change & Energy Chris Bowen (left) and Shadow Federal Minister for Climate Change & Energy Ted O’Brien (right) during a Federal Election ministers’ debate at the National Press Club.

Coalition to water down vehicle efficiency scheme

Peter Dutton says a Coalition government would not enforce penalties for a scheme designed to encourage the take-up of electric vehicles.

Australia is in the early stages of a wave of construction of new transmission.

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.

Queensland Treasurer and Minister for Energy David Janetzki during a keynote address to the Queensland Energy Club.

Qld scraps renewables goal, backs coal, vows to hit net zero anyway

Queensland has confirmed it will scrap legislated climate targets and burn coal plants for longer in a policy shift to focus on affordability and reliability over environmental sustainability.

Queensland’s renewed lack of ambition on emissions reduction could put Australia’s international climate targets at risk.

‘No hope’: Shock coal plant extensions to drag on 2030 climate targets

The Crisafulli government’s plans to wind back the state’s climate goals are likely to put Australia’s Paris targets further out of reach.

Labor’s policy aims to get 1 million batteries installed in the next five years.

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.

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The Viva Energy refinery on Corio Bay.

New LNG terminal would need major dredging, rival warns

Royal Vopak has released a technical review by maritime experts DNV containing warnings about the environmental impact of the proposed facility.

Nationals leader David Littleproud.

Gas giants to face export levy if they don’t supply domestic reserve

Nationals leader David Littleproud says a Dutton government will levy a charge on gas headed for the Asian spot market if the exporter is not sending enough to the domestic market.

Chinese $800m-plus solar deal collapses after FIRB delays

Lightsource bp is now seeking an alternative buyer for five Australian solar farms after ending a deal to sell to Beijing Energy International.

March

Amplitude Energy CEO Jane Norman pointed to strong interest in the gas from potential industrial customers.

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.

Gas is a key source of planet-warming emissions but remains widely used in Victoria and NSW.

Victoria’s gas switch to cost households $5.8b: report

The Allan government’s plan to force people to replace broken down appliances with electric ones could cost more than first thought, according to new research.

Venture Global CEO Michael Sabel speaks with media alongside at the company’s liquified natural gas export facility alongside Secretary of the Interior Secretary Doug Burgum, Louisiana Governor Jeff Landry and Secretary of Energy Chris Wright.

How a Trump energy darling got it so wrong

A disastrous IPO, disputes with major clients and disappointing inaugural results have burnt investors and raised doubts about Venture Global’s ability to deliver.

The federal government has a target of 82 per cent renewable energy in the grid by 2030.

Time to take politics out of the energy debate

Spreading misinformation about the impacts of offshore wind takes advantage of, and feeds into, legitimate community concerns and apprehensions.

Andrew Forrest had a close relationship with then US senator Joe Manchin in 2022.

Forrest allegedly chased coal plant buy to ‘influence’ key US senator

Internal documents suggest Fortescue considered a $200 million deal based on its relationship with a US politician, whose IRA support was crucial to it passing.

Energy price crisis needs a major intervention.

Victorians warned to expect energy shortages and higher prices

Victorians face a catastrophic risk of energy shortfalls and more than doubling of prices over the next 10 years, according to modelling released by Infrastructure Victoria. 

Star of the South, 10 kilometres off Gippsland’s south coast, is the most advanced offshore wind project in Australia.

Victoria warned about risky funding to revive wind farm plans

The Allan government is being warned not to use a contracts-for-difference funding model to revive its plans for the struggling Gippsland offshore wind farm zone.

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Carolyn Sanders from Flotation Energy, says the project they have worked on for 5 years was killed by Chris Bowen on Friday.

Victoria’s offshore wind plans in chaos after Bowen’s rejection

The Victorian opposition warns the state’s $100 billion offshore wind rollout is in chaos after federal Labor rejected the country’s second-most advanced project in Gippsland.

February

Liquified natural gas and hydrogen production in Darwin will be supported with a $300 million investment.

ACCC picks fight with gas exporters over domestic supplies

Competition cop Gina Cass-Gottlieb says Queensland gas exporters plan to use increasing amounts of domestic gas to meet commitments to foreign buyers.

Woodside CEO Meg O’Neill in Sydney on Tuesday.

Woodside laments NW Shelf future under minority government ‘nightmare’

Meg O’Neill said consumers would suffer if the Greens and teals demand the North West Shelf gas venture closes in 2030 as a condition for supporting a minority Labor government.

CopperString will connect Townsville to Mount Isa in Queensland’s north.

Qld urged to flip giant power line project to save money

The state-owned company in charge of delivering an enormous transmission line in Queensland has asked the government to approve a change in direction for a project blasted by APA Group as economically “horrendous”.

Those savings could double to up to $3000 with batteries to store daytime solar energy for nighttime use and efficiency upgrades.

Repurpose electricity bill rebate to subsidise rooftop solar instead

Rather than temporary solutions, we can do something more permanent that can take energy costs almost entirely out of the picture.

Original URL: https://www.afr.com/topic/energy-5wp