Australia will need gas imports despite 2025 surplus, ACCC warns
The admission will elevate concern about how Australia — one of the world’s largest LNG exporters — is forced to import gas to meet demand from Victoria and NSW.
The admission will elevate concern about how Australia — one of the world’s largest LNG exporters — is forced to import gas to meet demand from Victoria and NSW.
There will be fewer global LNG final investment commitments this year, which should ease the concern of giants like Woodside and Santos of a global glut, a respected industry observer says.
Renewable energy developers will imminently find out if they have secured access to a transmission line key to the nation’s push for net zero.
AP&G LNG has approached the SA government with a proposal which could, at least temporarily, stave off a looming gas shortfall on the nation’s eastern seaboard.
The resumption of steel production at the SA regional city of Whyalla will boost hopes the plant’s future can be safeguarded, but even owner GFG has conceded hurdles endure.
The Australian Energy Market Commission expects its rule change to improve returns to households and businesses which have rooftop solar panels and batteries.
The value of Australian energy and resource exports will tumble, heightening pressure on the country’s $2.5 trillion economy and darkening Labor’s election prospects.
Works on HumeLink will ease concerns about Australia’s energy transition, but carry a price tag of nearly $5bn.
The energy giants have agreed to an asset swap deal that will allow each one to focus on individual priorities.
The funding will allow one of Australia’s largest renewable energy developers to accelerate developments as it targets 10GW of new capacity.
Original URL: https://www.theaustralian.com.au/author/colin-packham