It was an odd thing for the two national newspapers to focus on. Both The Australian and The Australian Financial Review decided that the most important thing to come out of the Australian Energy Market Operator’s scenario planning for the future grid released on Friday was the assumed absence of a carbon price.
relating to the energy and telecommunications industries
The British government has privately appealed to senior Coalition ministers – including Angus Taylor and Marise Payne – to develop a more “ambitious” climate policy, amid growing concern Australia is not doing enough to cut emissions.
Emerging east coast gas producer Senex Energy has flagged a significant increase in investment this coming year to lift supplies for the tight east coast market, laying the foundations for what it expects to be a major jump in output over the next two years.
AGL Energy and EnergyAustralia have muscled in on an opportunity to secure federal government funding to support pumped hydro storage projects in South Australia.
Victoria’s looming emissions reduction goals and ambitious renewables targets may limit the lifespan of a major coal generator in the state amid a renewed focus on the stuttering transition to green energy in the nation’s power grid.
Ambitious plans to combine wind, solar, battery storage and potentially green hydrogen production at a hybrid “24/7” energy generation facility in South Australia have won development approval from the state government.
Energy retailers are pushing back against a proposal to allow large commercial users to enter the wholesale electricity market for the first time, prompting warnings that the sector wants to stifle competition.
Energy giant AGL has confirmed it will keep producing energy at its New South Wales Liddell coal fired power station until 2023 in order to help secure the grid.
Australia's gas supplies are poised to be reserved for local use as the Morrison government moves to further drive down household power bills and protect domestic manufacturing jobs.
Iran's Revolutionary Guard Corps seized a British oil tanker in the Strait of Hormuz amid soaring tensions in one of the world's critical energy chokepoints. Brent climbed more than 1.3 per cent on the news.
Bob Brown’s criticisms of the southern hemisphere’s largest proposed wind farm have been backed by Tasmania’s Greens leader but dismissed by the proponent, who claims much opposition is misinformed or “political”.
Manufacturers including BlueScope Steel and CSR stand to benefit from proposed rule changes in the electricity market that will allow them to better control their power use and bid directly into the wholesale market, saying it will help drive down prices.
Nationals MP Barnaby Joyce says free nuclear power could be offered to residents living close to a reactor to help build support for the controversial technology, as an analysis pinpoints which Australian towns are best placed to host a nuclear plant.
After years of skyrocketing prices, a highly unusual pricing event grabbed the market’s attention on Sunday. The spot price of wholesale electricity traded at zero in every eastern Australian state at the same time.
Banking giant Westpac says the federal government must play a role in developing a price on carbon if the financial risks of climate change are to be understood and mitigated.
An explosion has shut down half of Victoria's largest gas-fired power station and it could be months before it is back to full capacity.
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.
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.
Victorian coal-fired plant Yallourn could close early amid growing fears over Andrews Government’s green policy
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.
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.
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.
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 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.
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?
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.
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.
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.