NewsBite

Gas crisis

This Month

A Japanese LNG tanker at a JERA thermal power station in greater Tokyo.

Japan warns on Dutton’s gas reservation policy

A Tokyo think tank says limiting sales into the regional spot market could “handicap” Australian producers and trim Japanese trading in South-East Asia.

The Coalition’s nuclear power policy is light on detail.

No election road out of Australia’s energy perdition

The election contest between Labor’s faltering subsided renewables policy and the Coalition’s nationalised nuclear pipedream does not inspire confidence.

March

Peter Dutton hawking his gas plan in the seat of McMahon, held by Climate and Energy Minister Chris Bowen.

No savings estimate for consumers from Dutton’s gas plan

Gas producers would be hit with financial penalties if they refused to divert more uncontracted gas to the domestic market, the Coalition has confirmed.

Dutton delivers his budget reply speech in the House of Representatives.

Santos breaks ranks on Dutton’s gas plan

The gas producer looks set to emerge as a winner under the Coalition’s gas policy, despite it being widely blamed for the risk of shortages on the east coast.

Eighty per cent of Australia’s gas is exported or used in the LNG production process, making the country one of the three biggest LNG exporters globally.

Why I’m backing keeping Australian gas at home

More gas doesn’t mean cheaper energy, it just means more exports and bigger profits for the companies producing it.

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Gas is a key source of planet-warming emissions but remains widely used in Victoria and NSW.

Victoria’s gas switch to cost households $5.8b: report

The Allan government’s plan to force people to replace broken down appliances with electric ones could cost more than first thought, according to new research.

People sit atop a vehicle travelling along a track in Viqueqe. East Timor is opening up more of its land for mining and exploration, and has awarded the majority of the licences to Australian companies.

Timor-Leste hands most new mining licences to Australian groups

The developing nation is thought to hold deposits of copper, gold, zinc and manganese, as well as rare earths and other critical minerals.

The federal government has a target of 82 per cent renewable energy in the grid by 2030.

Time to take politics out of the energy debate

Spreading misinformation about the impacts of offshore wind takes advantage of, and feeds into, legitimate community concerns and apprehensions.

Offshore wind turbines in Vietnam. Larger turbines can be twice as tall as the Sydney Harbour Bridge.

Honesty about wind and gas is best energy transition policy

The willingness to lead and tell the truth about the energy transition is lacking across the political spectrum.

February

US president Donald Trump cannot hope to maintain America’s energy supremacy while also bringing Russia in from the cold

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.

Adam Bandt says he has “Dutton-proofed” the capacity investment scheme.

‘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.

Sydney Airport chief executive Scott Charlton runs what is effectively a monopoly.

Sydney Airport chief insulated from regulation woes

Readers’ letters on Sydney Airport chief executive Scott Charlton’s complaints over regulation, electric vehicle sales, Anthony Albanese’s superannuation tax plan and the appeal of the teal MPs.

Woodside CEO Meg O’Neill.

Too late to avert energy crisis in Victoria, CEOs warn

The heads of Woodside Energy and Beach Energy say the Victorian Labor government has spent more than a decade demonising gas as a transition fuel.

Premier Jacinta Allan.

Allan forced to release Victoria’s secret solar modelling

The Victorian government has released secret energy modelling warning about the impact of rooftop solar on the energy grid after a one-year legal battle.

Severe storms swept across Victoria including Phillip Island, leaving more than 45,000 homes and businesses without power amid a heatwave.

Frustrated Sims warned Victoria on gas shortages a decade ago

The former ACCC head says his warnings to Victorian Labor were ignored, as wild storms in the state left more than 45,000 homes and businesses without power. 

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LNG tankers.

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.

Melburnians enjoying the beach at Williamstown on Sunday as the temperature soared past 36 degrees.

Victoria on blackout alert amid south-east heatwave

A three-day heatwave across south-east Australia is expected to push Victoria’s energy grid to the limit with experts urging the government to secure gas supplies.

January

Woodside’s Louisiana LNG site.

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 Environment and Energy Minister Reece Whitby in his office.

‘Gas is good’: Meet WA’s pragmatic environment minister

Reece Whitby sees no contradiction in extending the life of massive offshore gas operations while championing the state’s renewable energy future.

December 2024

Squadron Energy’s terminal at Port Kembla may be able to deliver gas to Victoria by 2026, but customers have been so far unwilling to commit to firm commercial agreements.

Victoria is running out of gas and there is no easy fix

A gas-rich, wealthy country unable to supply gas to its major population centres is a massive policy failing. There is one “least-worst” solution.

Original URL: https://www.afr.com/topic/gas-crisis-1mqo