Yesterday
‘Big water battery’ wins backing in NSW storage tender
The success of a $1.8 billion project near Mudgee in a NSW underwriting tender for clean energy comes amid mounting evidence that pumped hydro can be difficult and costly.
This Month
Petrol station owner Viva Energy smashed as 2025 outlook disappoints
The owner of the Shell-branded network has suffered a heavy sell-off in its shares after underwhelming analysts with its guidance.
EnergyAustralia owner would rather contract green power than build it
Parent CLP Group is “open-minded” about funding options for transition projects at EnergyAustralia, which needs to be self-funding, CEO Chiang Tung Keung says.
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.
Labor stand-off threatens $100b offshore wind rollout
At the heart of the dispute is where to develop the port facilities that would support the assembly and servicing of a field of huge turbines off the Gippsland coast.
Santos CEO urges government action to clear path for Narrabri gas
The plea comes after energy ministers tasked department officials to advise on how to tackle the escalating gas supply crisis in the south-eastern states.
Woodside shares hit amid worries on costs, dividends
Guidance provided by the oil and gas producer on field restoration costs also was much higher than anticipated, one analyst said.
Key transmission project’s $1.5b blowout points to bill shock pain
Energy users are concerned they will have to pay for the rising cost of the EnergyConnect development, a crucial link between renewable generation and the grid.
Origin CEO calls for focus on ‘critical’ energy security
Frank Calabria’s comments came as Origin posted a small beat in first-half earnings but downgraded expected full-year profits from fast-growing Octopus Energy in the UK.
AGL prepares a big battery bet to capitalise on energy volatility
The electricity and gas utility says returns are rising on storage projects as it prepares to tick off an estimated $1.5 billion spending plan over 18 months.
Beach CEO doubles down on gas strategy amid heightening Vic crisis
Brett Woods has said several parties are interested in joining Beach for power generation after the company disappointed the market with its dividend and outlook.
Oil demand to remain at current levels until at least 2040, Vitol says
The world’s largest independent energy trader is more bullish on oil use for the next 15 years than the International Energy Agency.
How Australia’s gas boom turned into a nightmare
Our nation exports gas – but now we’re paying the price as a result of a huge and entirely predictable bipartisan policy failure.
January
Coal drops below 50pc for first time as solar powers to record
Renewables supplied a record 46 per cent of the National Electricity Market in the December quarter when a milestone was reached with coal power.
Why Trump’s ‘drill, baby, drill’ mantra won’t work in Australia
The US president’s rationale that cheaper gas will power a manufacturing renaissance and reduce household bills can’t be applied to fix the energy woes here.
WA minister splits with Canberra on offshore wind
WA energy minister Reece Whitby said offshore wind may be better suited to the west coast after several developers dropped plans for WA projects, opening up a divide with his federal counterpart
Santos eyes Darwin LNG expansion with Beetaloo gas
The plan could offer a lower-cost export avenue for gas from the remote Northern Territory region but remains tentative and in its early stages.
Woodside joins backdown on some clean energy projects
The move mirrors an industry pullback from marginal green investments that has grown over the past several months and been reinforced by Trump 2.0.
Santos puts massive West Australian oil and gas project on ice
The decision to stall the $3.2 billion Dorado development pushed the share price of smaller venture partner Carnarvon Petroleum down by as much as 27 per cent.
Time’s up? LNG imports destined for Australia next year
After years of warnings, importing gas looks to be the only way left to head off an energy shortfall in Victoria, a move likened to “importing sand to the Sahara”.