Victoria urged to ditch ban on gas hot water
The Victorian government must ditch a ban on gas hot water systems as part of a broader retreat on electrification in the state, the gas industry body has demanded.
The Victorian government must ditch a ban on gas hot water systems as part of a broader retreat on electrification in the state, the gas industry body has demanded.
The Crisafulli government has found almost $1bn in savings from delays in the $18bn Borumba pumped hydro scheme ahead of handing down its first budget on Tuesday.
Resources Minister Madeleine King has reassured domestic gas users that they will be protected from any supply and pricing fallout in the wake of Iran’s threat to block the Strait of Hormuz.
Electrical trades are facing unprecedented skills shortages, with unions and employers demanding urgent action to avoid the need to delay key energy projects.
A new gas find in the Bass Strait, which was presumed depleted, could potentially delay predicted shortfalls in east coast supplies and undercut the case for LNG imports.
The boss of PNG’s national petroleum company says Abu Dhabi must commit to develop the $US18bn Papua LNG project should it buy Santos.
Labor’s pledge to adjust the default market offer is politically popular, but risks backfiring by putting unsustainable pressure on energy retailers already operating on razor-thin margins.
The boss of Australia’s largest electricity transmission provider said the nation’s power grid was dangerously light and needed back-up buffers, like coal.
A new $13m research project could offer farmers a win-win solution to the problem of water loss through evaporation, while at the same time generating renewable energy.
Shares in Santos are trading well below the bid price indicating concern Australia could reject the bid. Narrabri is ADNOC’s trump card.
They can’t be serious. The Santos board rushing to sell Australia’s energy future at an uninspiring price is short-termism at its best. This will be lucky to pass the national interest test.
For a cashed up suitor like ADNOC, Santos’s strategy opened the door for it to sweep in with a pledge to invest and develop a long list of projects which might otherwise sit idle into the 2030s.
Mike Cannon-Brookes made his money in software with Atlassian, and has big renewable energy aspirations with the SunCable project. But easy funding is proving elusive.
The software billionaire wants to deliver one of the world’s biggest renewable energy projects. But a maiden $US100m capital raising campaign has failed to convince outside investors to back his decarbonisation dream.
State and federal Labor governments are under mounting pressure to prevent the collapse of one of Australia’s largest manufacturers.
Victoria’s two largest power stations are running at reduced capacity, increasing the state’s reliance on gas. But supplies are under pressure after a fault at major east coast plant.
The decision to call off five days of strikes next week follows intervention from the Fair Work Commission.
A wide ranging review leaves the door open to Commonwealth intervention while focusing on affordable gas for users. Here are the three things it will examine.
Original URL: https://www.theaustralian.com.au/business/renewable-energy-economy