Eutility's news

2019 News articles relating to the energy and telecommunications industries

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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Shell aims for ‘substantial’ electricity business in Australia

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.

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Consumer watchdog tips relief on gas prices

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.

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Path clear to a zero carbon economy

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.

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Looming LNG oversupply offers slim hope for local gas buyers

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.

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