Long road: Transgrid to spend $16.5bn on energy transition
Australia’s largest electricity transmission developer and operator expects to spend $16.5bn over the next decade, which would eventually result in lower energy bills.
Australia’s largest electricity transmission developer and operator expects to spend $16.5bn over the next decade, which would eventually result in lower energy bills.
The electric vehicle company will install up to 5,000 street side fast chargers across Canada, all of which will run on the TELUS network.
Squadron Energy’s Jason Willoughby has rejected AEMO’s assertion too few renewable projects are being built.
The energy major’s final investment decision on Trion comes despite mounting environmental pressure to rein in its spending on new developments.
Australia is not building renewable energy developments quickly enough to compensate for the loss of coal-fired power generation, the head of the country’s energy market operator warns.
Sources say Macquarie is in relatively advanced talks with EnergyAustralia’s parent company CLP Group, although other interested parties remain.
AGL, under pressure to fund a $20bn green energy transition without damaging its balance sheet, has posted a significant turnaround from its sour first-half result.
While outwardly tensions between the government and the gas sector have cooled, industry sources said they would not yet make any decisions about resuming work on stalled projects.
Jemena has injected biomethane – created from organic waste – into its gas pipelines across NSW in an Australian first, as it pushes the federal government to establish a renewable gas target.
The deal will incentivise AGL customers to use BP pulse’s charging infrastructure, as the duo look to capitalise on soaring demand for zero emission cars.
Original URL: https://www.theaustralian.com.au/author/colin-packham/page/66