Jilted renewable energy players look to data centres for plan B
As more developers miss out on prized transmission access, some are exploring the idea of supporting prospective data centres in a tactical reinvention of their business models.
As more developers miss out on prized transmission access, some are exploring the idea of supporting prospective data centres in a tactical reinvention of their business models.
In an indication of Origin Energy’s confidence that its Eraring coal-fired power station will turn a profit, it has elected not to opt into an underwriting deal with the NSW government.
Australia should focus on bolstering much-needed gas production rather than carving off supplies from the country’s LNG industry, according to the head of Shell Australia.
Australia’s largest steelmaker, BlueScope, has backed Peter Dutton’s election plan to bring down gas prices through a reservation scheme.
Viva Energy, which has proposed a LNG import facility in Victoria has fired another salvo in an increasingly fierce debate about how to solve a looming eastern seaboard gas shortage.
The new funding deepens Labor commitment to its vision to reshape the country’s $2.5 trillion economy away from its traditional roots as a major exporter of raw minerals and one of the world’s largest per capita emitters.
Santos’ LNG facility is seeking short-term gas supply deals due to the looming expiry of a contract with Australia Pacific LNG, which is part owned by Origin Energy.
Renewables player Zen Energy suffered a loss of more than $50m in 2024 after an aggressive expansion into renewables, conceding it was a challenging year.
The loss-making renewable energy company developed by the high-profile economist is precariously placed after its trading position was damaged by a wind drought.
Labor is refusing to say if electricity prices will go down or stabilise in a second term if it wins, saying only that power bills would be ‘hundreds of dollars’ cheaper than under a Dutton government.
Original URL: https://www.theaustralian.com.au/author/colin-packham/page/2