Today
Winter gas threat pushed out but shortages loom
The energy market operator expects winter gas shortages to hit Victoria in 2028 and predicts a serious energy shock without new investment. Queensland says it will keep coal-fired power stations open longer.
This Month
Looming threat to curb Queensland LNG exports spurs new drilling
The concern among Queensland’s LNG exporters about a crackdown on Asian sales contract renewals is pushing them to drill for new gas to supply domestic customers.
Transgrid seeks government support for vital $700m grid investment
Transgrid CEO Brett Redman says the company needs NSW government and regulatory support to proceed with investments without blowing-up its credit rating.
Consumers trapped by rising cost of energy failure and power bills
Power prices will be a key election topic as Labor sells the benefits of renewables and the Coalition insists nuclear offers the only affordable answer. But under both plans, it’s customers who will pay.
Europe’s biggest battery hope Northvolt files for bankruptcy in Sweden
The Swedish company boasted $US10 billion in funding and was set to challenge China’s electric vehicle battery dominance. Instead, it has collapsed.
Massive gas drilling program approved in Bass Strait
ConocoPhillips’ junior partner in the venture said it was “very unusual to see a drilling program of this size”.
February
‘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.
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.
Qld may shrink $18.4b hydro project to save venture
The Crisafulli government is considering scaling down the Borumba storage project after a blowout in costs in latest setback to Queensland’s energy transition.
Here’s why Australia-Canada ties matter more than ever
Challenges abound as the Trump administration aims to rewrite global trade rules.
$9b rebound in renewables projects keeps 2030 in sight
The December quarter extended a rebound in commitments to new clean energy projects, but the pace has to be maintained for another six years to meet 2030 targets.
‘Dutton-proofed’: Greens-Labor agree to keep gas out of energy scheme
Liberals say the deal for the capacity investment scheme that underwrites new clean power projects is a preview of how an ALP minority government would run.
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.
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.
Here are Europe’s three big fears in a Trumpian world
If it fails to adapt, the European Commission may end up looking like the Los Angeles fire department – scrambling after the damage has already been done.
Gas hopeful Tamboran pitches Trump on $8b outback data centre plan
The ASX-listed LNG developer is backed by incoming US energy secretary Chris Wright, and wants to power defence-focused digital infrastructure in the Northern Territory.
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.
Vic gas squeeze opens up $1b storage opportunity
A gas storage project off Victoria’s coast has grown by 50 per cent amid a flood of demand from customers looking to stave off the risk of winter shortages.