Eutility's news

relating to the energy and telecommunications industries

Finally, Australia is about to have a plan to de-carbonise the grid

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.

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Senex ramps up gas spend as it turns to profit

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.

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Make nuclear power free, Barnaby Joyce says

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.

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Gas reset ‘could cut bills by $270’

Government intervention in the east coast’s gas sector through a reservation policy could slash $270 from annual household power bills, under modelling sent to the Coalition by the Centre Alliance as part of a major energy reform package.

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NSW facing power uncertainty

NSW faces “huge challenges” dealing with the exit of AGL Energy’s Liddell coal station in 2022 and remains open to new coal plants and more gas facilities in the next decade to balance the transition to renewable energy.

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Super industry gets behind nuclear power

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.

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AGL to tweak Bayswater output

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.

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Alinta in step with ACCC on gouging-Perry Williams

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.

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Vocus will make AGL a ‘better energy company’

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.

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EnergyAustralia poised for $1b power generation revamp

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.

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Energy bosses demand action from Angus Taylor

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.

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AFL may be hydrogen powered at the MCG

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.

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Snowy Hydro costs, timeline blow out

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.

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Heatwave a $34m energy drain for users

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.

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Labor reignites the carbon wars

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.

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