Chris Bowen has defended an increasingly decentralised power grid against calls for more ‘always on power’ like nuclear, despite four million Australian households facing the threat of restrictions on their rooftop solar supplies.
Opposition from AGL has scuppered Delta Electricity’s hopes to guarantee financing into 2025, leaving the future of its Vales Point coal power station up in the air.
Long-term capacity contracts will help the Australian Energy Market Operator prevent fresh blackout warnings ahead of a critical summer period.
The Climate Change Minister will tell parliament it was ‘magical thinking’ to suggest extending the life of coal-fired power stations would make the electricity market more secure, a day after NSW residents were told to avoid using household appliances.
The Australian Energy Market Operator used emergency powers to reduce demand for electricity in NSW to combat blackouts fears as outages at power stations continue.
A heatwave is stressing NSW’s energy grid, with authorities warning that stress will peak on Wednesday and Thursday.
Australia’s failure to approve gas facilities had simply led to higher emissions projects being rubber-stamped elsewhere, the Wesfarmers boss says.
Much-needed east coast gas is poised to hit market as Gina Rinehart doubles down on criticism of Labor policies.
New data underscores the impact of adverse weather on Australia’s electricity prices, which threaten to stoke bills and fuel debate about the role of gas.
Labor will use the Future Fund to help deliver its policy agenda, but energy industry figures say it alone cannot drive the transition away from coal.
Original URL: https://www.theaustralian.com.au/author/colin-packham/page/11