Eutility's news

2020 News articles relating to the energy and telecommunications industries

AGL firm about gas import plant as prices fall

Power giant AGL Energy says the energy price crash will not dampen its appetite for developing Australia’s first gas import plant, with market volatility likely to eventually subside, leaving a looming supply shortfall forecast for the nation’s east coast.

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Oil prices sink to 18-year low

Global oil benchmark Brent crude plunged to its cheapest in almost 18 years overnight and US crude briefly tumbled below $US20 per barrel on growing fears the global coronavirus shutdown could last months and demand for fuel will decline further.

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Rio smelters feeling the heat

The outlook for Rio Tinto’s Australian aluminium smelters remains uncertain, with Rio boss Jean-Sebastien Jacques identifying the smelters’ carbon footprint as an additional barrier to keeping them open.

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The Next Renewable Energy Source Could Be Rain

The quest for the next source of renewable energy is well under way, with no natural phenomenon overlooked. We have already harnessed the power of flowing water, wind, and sunlight, and the search for the next clean source of energy is far from over.

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Gas in reserve ‘key to cutting prices’

Australia’s big energy users are still paying high prices for domestic gas supplies, triggering ¬renewed calls from Centre ¬Alliance senator Rex Patrick for a reservation scheme to be rolled out on the east coast.

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Renewables save the day in interstate energy crisis

A key section of the nation’s energy infrastructure has been restored after the storm-affected interconnector between South Australia and Victoria was turned back on this week following the successful installation of temporary transmission towers.

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Record low demand for grid power strains system

Solar-rich South Australia has set a new record low for electricity demand from the grid but the renewables-dominated state still had the highest average prices in the December quarter as it struggled to meet soaring demand as summer weather took hold.

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Power bill threat as renewable energy spending plummets

Congestion woes in Australia’s power grid threaten to hike household electricity bills and derail the nation’s ability to achieve deeper cuts to carbon emissions following a collapse in renewable energy spending, Queensland government-owned investment giant QIC has warned.

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Cane for Matt Kean as MPs flag emissions change

Moderate Liberal MPs have flagged lifting the Coalition’s 2030 emissions reduction target to more than 30 per cent, as Scott Morrison lashed NSW minister Matt Kean over criticisms of his government’s climate policies.

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