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Energy transition

Yesterday

Wind turbines are susceptible to lulls in wind speeds for days or weeks at a time.

Coal power on comeback trail as wind, solar falter

Electricity generation from coal has surged for the first time in nine years, wrecking emissions cuts and hammering home the disarray of Australia’s energy transition.

  • Angela Macdonald-Smith

This Month

The Vales Point generator is one power station affected by the tougher emissions standards.

NSW coal power stations put on notice over CO₂ limits

The new licence conditions come amid a resurgence in coal power generation in the state and across the National Electricity Market in the June quarter.

  • Angela Macdonald-Smith
Australia faces higher power costs.

Energy transition will cost much more than politicians are pretending

The brutal reality is that taxpayers and consumers will be on the hook for much higher costs under a renewable or nuclear energy system.

  • John Kehoe

Why overseas money is pouring into Australian green energy

The country’s electricity generation sector is being radically reshaped, and there is hardly a household name among the big participants in solar, wind and batteries.

  • Angela Macdonald-Smith
Power prices are expected to be volatile through Australia’s transition to low-carbon energy.

RBA inflation target challenged by power prices

Other areas of the economy will need to offset the impact of higher than expected power prices to keep inflation within target, economists say.

  • Angela Macdonald-Smith and Ronald Mizen
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Former NBN boss Mike Quigley.

Labor appoints former NBN boss as nuclear head

Mike Quigley has been appointed as the head of the federal government’s peak nuclear organisation.

  • John Kehoe
A solar farm near Gunnedah, NSW.

Power prices to surge amid sluggish rollout of clean energy: UBS

Wholesale power prices could be almost 50 per cent higher than last year, the investment bank’s analysts warn, as renewables project development has stalled.

  • Angela Macdonald-Smith

June

RBA deputy governor Andrew Hauser.

RBA deputy talks up renewable energy potential

RBA deputy Andrew Hauser has talked up Australia’s potential to be a world leader in solar, as the nation debates the best energy mix to achieve net zero.

  • Updated
  • John Kehoe and Joanne Tran
Installing nuclear power wouldn’t much reduce the need for a massive build-out in wind and solar generation, BNEF said.

Nuclear power would do little to reduce need for renewables: report

The task of reaching a net-zero emissions power sector is “Herculean” but can be done without nuclear.

  • Angela Macdonald-Smith
The renewable energy zone will connect up solar, wind and storage plants around the Dubbo region.

Nation’s first renewable energy zone wins approval

The Central-West Orana infrastructure project is intended to drive up to $20 billion in private investment in solar, wind and storage projects.

  • Angela Macdonald-Smith

Energy transition lights a rocket under law firms

Law firms are streaking ahead of the broader economy, adding partners as deals return and the energy transition offers decades of lucrative work.

  • Maxim Shanahan
Powering our energy future
3:05

Powering our energy future

The Australian Financial Review and Ausgrid hosted a roundtable exploring the role of electrification in our transition to net-zero.

  • Updated
Coal power plants will close faster than their owners have announced so far, the energy market operator says.

Nuclear out in cold in $122b power grid plan

The energy market operator says work needs to start on another $3.4 billion of transmission lines in its latest $122 billion plan to transform the power grid.

  • Angela Macdonald-Smith
Senex CEO Ian Davies said the gas in the Atlas project is “sorely needed”.

Labor delivers all-clear for $1b Rinehart-backed Senex gas project

The decision to grant environmental clearance for the Atlas development brings to an end an approvals process that has lasted almost two years.

  • Updated
  • Angela Macdonald-Smith
Peter Dutton has announced his nuclear reactor idea, but has yet to reveal how much it would cost.

Coalition’s taxpayer-funded nuclear con a road to ruin

We estimate that the fiscal damage would be in the order of a minimum $100 billion “nuke builder” tax, but likely considerably more given the international experience.

  • Tim Buckley and Annemarie Jonson
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More than 50 per cent of ASX200 companies have factored climate change into short or long-term incentive structures, up from only 10 per cent in FY20.

CEO pay goes green, but details lacking on performance measures

It’s one thing to set CEO remuneration based on climate change goals; it’s another to be able to properly measure them.

  • Anthony Macdonald
 Andrew Mackenzie’s perspective on the global carbon challenge revealed in an exclusive interview with The Australian Financial Review’s Tech Zero podcast underlines the challenges in the pathway to the net zero future.

Mackenzie’s climate change

It shouldn’t surprise to hear the head of a global oil company talking his own book. But it’s no use pretending that the decarbonisation transition is more difficult and more costly than many imagined.

  • The AFR View
Australians know that renewables drive down prices.

Culture war is driving Coalition’s plan to stop renewables rollout

The first auction of the Capacity Investment Scheme has received more than 40 gigawatts of project registrations, showing there is a strong pipeline of renewables ready to go with the right policy settings.

  • Chris Bowen
Paul Keating, known for his biting insults, issued his statement calling Dutton a “charlatan” a day after the opposition leader made a strikingly personal attack on Prime Minister Anthony Albanese.

Keating labels Dutton ‘a charlatan and climate change denialist’

The former prime minister accused the Coalition leader of seeking to “camouflage” his “long held climate denialism” in an industrial fantasy of nuclear energy.

  • Ronald Mizen
Highview says its liquid-air energy-storage tech can solve the firming challenge for renewable power.

Rio Tinto punts on British start-up to plug renewables gap

The mining giant joined a $575 million investment round for Highview Power, which says its storage technology can firm renewable power.

  • Hans van Leeuwen

Original URL: https://www.afr.com/topic/energy-transition-1ni0