What is the role of gas in a green economy?
The Tomago aluminium smelter outside Newcastle received a special visitor in September. Prime Minister Scott Morrison wanted to outline how he would use affordable and reliable energy to supercharge Australia’s post-COVID economic recovery. As the single biggest user of energy in the country, the Tomago smelter was an ideal backdrop.
‘Super-spike’ to fire up LNG producers
The eye-watering surge in liquefied natural gas prices over the past few weeks is expected to fire up revenue for gas exporters but only a small part of that is expected to show in the December quarter reports.
Investors place Australian bets on compulsory emissions reductions
Companies are buying up Australian carbon credits at an increasing rate even though they're not required to offset their emissions under local laws, in what experts say is a bet on future international regulations.
Vic power unit outages leave market unfazed
Sudden outages at two coal power plants in Victoria over the weekend did little to rattle the electricity market in the normally critical mid-summer period in a sign of how rapidly the state's power grid is transforming.
Pace of change requires a united approach to energy policy
There is no more potent evidence of the ongoing transformation of Australia’s energy supply than today’s assessment of the health of the national electricity market.
Renewables ‘can bust congestion’
The federal government’s energy security adviser has suggested renewable energy generators be offered incentives to build projects in particular zones across Australia, in a bid to drive investor confidence and deliver long-term benefits to consumers.
National energy ‘anarchy’ must be solved
The Australian Energy Market Operator has had to intervene 250 times in the past financial year to either turn off grid-destabilising renewable power or turn on gas-fired peak demand plants.
Runaway LNG price sends warning to gas buyers
An unprecedented surge in prices for LNG in Asia is ringing alarm bells among industrial energy users on the east coast amid forecasts that domestic gas prices could be driven back up into double figures, despite lacklustre demand.