What if the government invited everybody to a climate and energy war and nobody came?
2019 News articles relating to the energy and telecommunications industries
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.
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.
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.
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 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.