Today
No better time than now to set stronger net-zero targets
It’s time to lead with conviction. Targets work; strong targets even better. Cutting climate pollution is not only essential, but also an economic opportunity.
Why net zero targets are impoverishing our nation
If we stick with them, our economy will weaken, living standards will suffer and the electricity price advantage we once enjoyed will be even more of a distant memory.
Woodside takes $214m hit after ditching major US hydrogen project
The oil and gas producer also said it’s still negotiating with the government on the approval for the 40-year extension of the North West Shelf venture.
This Month
Investors follow Shell into Taroom, the next big thing in oil and gas
While the petroleum potential of the Queensland region was recognised decades ago, only advances in drilling technology and higher prices have opened it up.
Santos’ $6.1b gas project on track as investors await bid news
The oil and gas company, which is the subject of a $36.4 billion takeover bid, has lowered its expected output for the year.
APA warns AEMO on relying on lowball LNG import terminal costs
An LNG import terminal is likely to cost over $1 billion in total, not $250 million, the pipeline owner has told the energy market operator.
How to turn your solar battery into a side hustle
Some people can get their home battery system working so hard they eliminate bills and even make money.
AGL raises bet on after-dark solar with SA acquisition
The innovative project to be built on the Eyre Peninsula will make solar power available after the sun sets, but will require government support.
Step up on energy rollout or lose out: industry’s warning
Faster approvals, smarter planning and efficient gas development rules should be on the table at the government’s productivity roundtable, Ai Group says.
One-third jump in West Australian gas pipe fees ‘a warning’ for all
The increase in transportation charges next year will inevitably hit energy prices for businesses, a state regulator said.
AGL buys Tesla home battery network in community power push
The acquisition of thousands of batteries and solar panels in South Australia takes AGL closer to its growth target in distributed energy assets.
Vic govt selling power to business is ‘good for competition’
Victoria’s resurrected State Electricity Commission will be taking on heavyweight energy retailing rivals when it starts to target business customers later this year.
June
Basslink U-turn puts faith in long-term power price benefits
The energy regulator was swayed by arguments from Hydro Tasmania and others that regulating the power cable between Victoria and Tasmania was the best option.
$25m a year on red tape is driving up power prices: AGL
The boss of the country’s largest energy retailer says excessive red tape is contributing to the hefty price hikes that Chris Bowen blames on high retail costs.
Power price crackdown to aid households: Bowen
The system used to cap standing offer prices for household electricity isn’t working and will be overhauled, the energy minister says.
Double-digit power price hikes coming just in time for winter
Retailers are telling customers they will be hit with increased electricity prices of up to 14 per cent – well above the rises in the regulated default market.
Victoria uses 13pc of entire year’s gas budget in just three days
Breakdowns at a major coal power plant and weak renewable energy generation have left the state running down its stores faster than expected in a cold winter.
Runaway energy build-out costs threaten data centre opportunity
Australia’s hopes of an outsized share of the data centre market will come to nothing unless it can rein in the cost of the clean energy expansion.
Billions of dollars and plenty of jobs at stake in Labor’s gas plans
Long-suffering east coast gas users justifiably want access to more affordable supplies, but putting domestic needs ahead of exports would come at a big cost.
Australians are upset about gas prices. This chart shows why
Western Australia reserves a portion of its export gas for domestic use – and has some of the lowest prices in the world.