Australian energy giant Santos has ramped up pressure on the New South Wales government to provide a clear timetable for the approval of its $3 billion Narrabri gas project, which could supply up to half of the state's gas needs.
Australia’s union-backed superannuation industry has made the case for nuclear energy and ¬demolished repeated claims wind and solar are the cheapest long-term option for reliable power.
Small business customers will face potentially lower prices and clearer energy bills from July 1 though there's a chance many operators aren't aware of them coming or may not notice the difference, say business groups.
One of Victoria’s biggest coal-fired power stations could close within six years as Victoria’s radical, go-it-alone bid to slash carbon emissions and ramp up renewables hastens its demise.
Power giant AGL Energy will consider tweaking output from its NSW Bayswater coal plant during the day as cheaper solar and wind challenges the long-term role of fossil fuels in the grid.
Australia’s fourth-largest electricity retailer, Alinta Energy, has revived a call by the competition regulator for NSW, Queensland and Tasmanian network companies to write down the value of their poles and wires businesses while also warning of an industry-wide squeeze on retail margins.
AGL chief executive Brett Redman says he is not trying to turn the power generator and retailer into an infrastructure company, but rather a "better energy company", through the acquisition of Vocus Group's fibre optic network.
Federal Energy Minister Angus Taylor has taken a swing at the Queensland Labor Government over its decision to hike gas royalties, describing the decision as “cash grab” that would hurt business and consumers.
Victorians face the risk of another summer without enough power to pull through the hottest days, as a fault at the state’s biggest coal-fired power plant is expected to drag on into December.
Energy bosses have given a withering assessment of Angus Taylor's first speech since being re-appointed as federal energy minister, accusing him of having his ''head in the sand'' and taking a dismissive attitude toward bipartisanship on energy policy.
There are concerns for 300 jobs and the broader economy of northern Tasmania, with news a manganese alloy smelter in the marginal seat of Bass will be sold, closed or mothballed.
Prime minister Scott Morrison has abandoned the Coalition’s short lived separation of energy and emissions reduction responsibilities, and handed Angus Taylor the job of combining energy policy and meeting the government’s modest emissions reduction targets.
EnergyAustralia expects to give the green light to about $1 billion of gas and pumped hydro generation projects later this year despite the absence of overarching policy on energy and climate from the federal government as it seeks to keep prices affordable and fend off competition.
Energy company chief executives have pushed back at Energy Minister Angus Taylor's decision not to revive the National Energy Guarantee challenging him to explain how Australia will meets its international climate targets.
Energy companies will be compelled to cut wholesale prices and guarantee supply as the re-elected Morrison government prepares to revive the “big stick” divestment laws it was forced to shelve this year.
Electricity prices across much of Australia’s main grid rose to record highs in the first quarter of 2019, the Australian Energy Market Operator notes in its latest quarterly report, and it puts the blame on the record heatwave, rising coal and gas costs, and the rising cost of hydro power because of the drought.
Labor's $1.5 billion plan to "unlock" Northern Territory and Queensland gas would create far more emissions in Australia than Adani's coal mine, making it much tougher for a Shorten government to meet the nation's Paris climate goals.
A Labor government would strongly back the push for companies to disclose risks to their business from action to limit climate change and will sign government agencies up to the tough, new reporting guidelines too, opposition climate and energy spokesman Mark Butler says.
CSIRO and EnergyAustralia have presented a plan to the trustees of the Melbourne Cricket Club to trial hydrogen fuel cell technology on the nation's biggest stage – the Melbourne Cricket Ground.
The International Energy Agency has advised of an alarming "mismatch" in global investment in the energy sector and what is needed to achieve a "sustainable" future, including a stalling of funds flowing into low-carbon supply.
What if the government invited everybody to a climate and energy war and nobody came?
Labor will enter the federal election campaign with better credentials than the Coalition when it comes to tackling climate change, the latest The Australian Financial Review-Ipsos poll shows.
The budget for the Morrison government's pet energy project – Snowy Hydro's 2000-megawatt Snowy 2.0 expansion – has increased to more than $5 billion, more than double the $2 billion price touted when former prime minister Malcolm Turnbull announced the ambitious mega project two years ago.
Developers of renewable energy projects in Australia complain of confusion and uncertainty after yet another change by the Australian Energy Market Operator in its calculations of so-called marginal loss factors, which can make or break an energy project.
Energy users in Victoria and South Australia paid $34 million to buy back power from major manufacturers to keep the lights on during January’s record-breaking heatwave in the two states.
Plans for what would be Australia’s first offshore wind farm, the massive 2000MW Star of the South off the coast of Victoria, have taken a small step forward this week, after the project finally got the green light from federal government for a site exploration.
LNG prices are forecast to drop by a third in the coming months following a steep decline in the oil price, hitting the earnings of some of Australia's biggest energy companies.
The centrepiece of Labor's plan to reduce carbon emissions – a baseline and credit scheme for the nation's top 250 emitters – appears doomed with the Coalition opposed to the entire policy and the Greens hostile towards several elements, including letting companies offset emissions by buying international carbon permits.
The Morrison government has moved to open Northern Territory shale fields for exploration and development as part of a $75 million package to support ¬reliable energy infrastructure.
Treasurer Josh Frydenberg's maiden budget funds the government's $3.5 billion climate and energy program that it will take to the election to battle with Labor's ambitious renewable energy and carbon emissions targets.
Amid the extraordinary boom in large-scale wind and solar projects in Australia – some $25 billion completed and under construction according to the federal Coalition government that tried to stop it – it may be tempting to think that this is nothing but a good news story.
Oil major Shell has set out ambitions to build a major electricity generating and retailing business in Australia within the next decade as part of its global shift towards lower-carbon energy, in comments that look set to revive speculation that a significant acquisition may be on the cards.
Gas prices on Australia’s east coast are set to fall this winter, potentially providing some relief to long-suffering manufacturers and heavy industry, according to data from the competition watchdog.
Federal Energy Minister Angus Taylor has called on AGL to commit to its energy replacement plan ahead of the planned closure of the Liddell power plant.
Ten years ago Lord Adair Turner made what he considers the most embarrassing prediction in a 40 year career which included decent lengths of time in consulting, banking, prudential regulation and academia.
After defying gloomy predictions of a supply glut and price slump in both 2017 and 2018, this year may finally see LNG markets tank, and while that's a concern for exporters, it offers some – if not much – hope of easing prices for manufacturers in the eastern states.
The Victorian government has grand plans to "lead the charge against climate change" in Australia, and the case for decisive action could not be stronger.
The mining sector has called for nuclear options with hopes a high-level review could end a ban on the prohibited energy source.
Australia would become a major global player in clean hydrogen production and create up to 16,000 new jobs in a Labor plan aimed firmly at voters in crucial Queensland seats ahead of the election.
The Australian Energy Market Operator warned of possible "load shedding" – mandatory power cuts – of up to 40 megawatts in each of Victoria and South Australia late on Thursday.
Origin Energy has lifted the speed with which it can supply electricity to the national power grid after upgrading South Australia’s Quarantine gas peaking plant to capitalise on new trading rules amid a surge in renewable energy output.
New solar energy installations tripled in capacity in 2018 in Australia, with solid growth in rooftop solar eclipsed by a massive increase in utility-sized ventures.
The industry experienced another record-breaking year in 2018, with $20 billion invested in large-scale renewable projects and close to 1.5 GW of rooftop solar installed, taking Australia past the magic milestone of 2 million homes with rooftop solar. While the renewable energy industry still has its detractors, most notably on the right wing of the Federal Coaltion, nothing silenced the critics quite like the installation of hundreds of thousands of solar panels on Australian rooftops – or the billions of dollars of investment and tens of thousands of jobs brought to rural Australia by dozens of new wind and solar farms.
Australia’s economy will be among the worst affected by the Paris climate change agreement, enduring slower growth, fewer jobs and a “notable” 6 per cent slump in the exchange rate, according to a new analysis of the global accord.
A split has emerged over energy investment, with integrated retailers stalling new generation, even as developers set the seal on a record year of new commitments.
After another year of chaos and anarchy in the energy sector it was inevitable that a question about energy in Chanticleer's annual CEO Survey would provide plenty of insights into the risks and opportunities from continuing policy paralysis.
Moves by NSW and South Australia to build a direct $1.3 billion link to export their excess electricity to one another is a step closer after the state energy ministers signed a formal agreement yesterday to establish a framework for the project.
The competition watchdog will turn up its scrutiny of AGL Energy, Origin Energy and EnergyAustralia over concerns the trio are reaping excessive margins from their gas retailing businesses.
Emissions reductions in Australia’s electricity market are on track to meet the Paris target eight years ahead of schedule, in 2022, and the government has seized on new data to attack Labor’s plan for stronger intervention to curb carbon pollution.
Simec Zen Energy, controlled by billionaire Sanjeev Gupta, is considering an Australian sharemarket listing as it seeks capital to become a major renewables energy operator with a $US1 billion ($1.4bn) pipeline of projects.