Winter gas supply fears ease
Gas supplies are well placed to endure another cold snap across the east coast, the country’s energy market operator reported in an industry briefing.
Gas supplies are well placed to endure another cold snap across the east coast, the country’s energy market operator reported in an industry briefing.
APA Group will spend $20m to upgrade a Queensland pipeline to bring new gas from Senex’s $1bn expansion, in a deal that will feed much-needed supplies to the east coast.
Viva Energy has submitted an updated environmental report for a LNG import terminal at Geelong, testing the Victorian government’s potential softening attitude towards gas projects.
Australia’s sharemarket is expected to open lower on Monday as traders await the results of France’s parliamentary elections and consider the latest signs of a cooling global economy.
A decision is understood to be imminent to grant a sole permit to Oceanex and Norwegian giant Equinor.
Energy ministers are grappling with how to resolve the issue of grid congestion, which occurs when there is more electricity than the system can handle, and supplies are wasted.
The number of people struggling to pay electricity bills jumped 18 per cent between 2022 and 2023, the competition regulator found, underscoring the cost-of living crisis that has sapped support for the government.
The NSW government has set the ball rolling on its ambitious Renewable Energy Zones plan with approval for a new 240km stretch of transmission lines to link the first of them to the grid.
Abandoning the energy transition would waste billions of dollars and risk significant opportunities for regional Australia, Andrew Forrest’s Squadron Energy chief says.
Australia must install 16 times its current capacity of batteries and pumped hydro by 2050, while large-scale wind and solar generation will have to jump six fold, AEMO says.
Original URL: https://www.theaustralian.com.au/author/colin-packham