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
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.
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.
APA eyes $2b gas grid expansion to avoid ‘disastrous’ LNG imports
The five-year plan will allow a 24 per cent increase in the gas piped south from Queensland and comes as the company posts a slump in bottom-line earnings.
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.
WA’s coal cliff: Industry warns of looming power shortfall
Western Australia’s transition away from coal will require substantial upgrades to its energy infrastructure, but industry says the state is fast running out of time.
Pacific Green flags more battery sales after $460m Palisade deal
The US-based vendor regards its role as rapidly developing large-scale batteries to support the energy transition before selling them to infrastructure funds.
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.
Revival of US LNG project complicates Woodside’s Louisiana purchase
The first gas venture granted an export licence by the Trump administration had a supply deal with the ASX-listed giant – which now has its own nearby project.
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.
Peace in Ukraine would crush energy prices
President Donald Trump cannot hope to maintain America’s energy supremacy while also bringing Russia in from the cold.
Growing Alinta considered ripe for M&A
The electricity and gas supplier that has attracted interest from KKR now has 1.1 million customers on the east coast and posted a surge in profits last year.
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.
$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.
Banks must hold firm on net zero
Macquarie’s decision to exit the Net Zero Banking Alliance risks its bottom line and leaves its carefully built reputation as a green bank in tatters.
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.
FIRB go-slow on China approvals hindering capital flows
Closer scrutiny of Chinese investment in Australia’s energy transition is also slowing the development of new wind and solar farms, lawyers say.
Australia is throwing away a $600b carbon capture opportunity
Australia is rapidly losing ground in carbon capture and storage, putting at risk the net zero emissions by 2050 and forfeiting a $600 billion opportunity.