Eutility's news

2021 News articles relating to the energy and telecommunications industries

Manufacturers raise the alarm over gas price surge

Manufacturers are sounding the alarm as east coast gas prices surge to levels not seen since 2016, thanks to cold winter weather and gas having to be diverted to generate electricity after the breakdown of coal-fired generators.

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Regulator puts power, gas suppliers on notice

The Australian Energy Regulator has put both traditional electricity and gas suppliers and renewables generators on notice that they are risking heavy penalties for actions that risk undermining the stability of the fast-transitioning energy sector.

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Callide outage feeds 60pc power price surge

Last month’s explosion at Queensland’s Callide power station and gains in gas prices have given a huge boost to depressed wholesale power prices and fuelled suspicions among some industrial users that generators are taking advantage to reap super profits.

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Angus Taylor signals end to ad hoc energy intervention

The Morrison government has promised an end to ad hoc energy market intervention in a bid to spur investment in on-demand generation amid a plan by pipeline giant Jemena to pursue a renewable gas target to boost the use of fuels including hydrogen.

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Queensland hit by huge power outage

Queensland has been hit by a huge power outage with some 375,000 customers impacted from the Gold Coast to Caboolture north of Brisbane, and multiple coal power units said to be offline.

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Power reliability at risk by 2030 after Yallourn closes

The pending early closure of the Yallourn power station in 2028 has triggered a warning from the operator of the country’s electricity market of an increased likelihood of blackouts in Victoria and South Australia late this decade unless new on-demand generators are built.

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Budget 2021: Scott Morrison turns green with energy

The budget has allocated $1.6bn of investment towards low-emissions technologies — including funding for hydrogen and energy storage — as Scott Morris¬on tries to reverse global perc¬eptions his government does not take climate change seriously.

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AGL split on track after CEO exit: Peter Botten

AGL Energy’s new chairman Peter Botten says the board was “shocked” by Brett Redman’s decision to resign as chief executive but maintains that a planned demerger is on track while rejecting speculation the board might have grown resistant to a split of the company.

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Carbon levels hit high despite pandemic

Carbon dioxide levels in the northern hemisphere were on ­average 50 per cent higher than before the industrial revolution last month and are expected to set a new peak of 419.5 parts per million this year.

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AGL’s green makeover

AGL Energy will look to win support from investors to create two ASX-listed companies through a demerger after splitting its retail and supply arms to form a green electricity retailer and generation giant dominated by coal power.

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Switching off rooftop solar will become an important feature of a renewables grid

Australia’s biggest grid problems have traditionally been framed as problems of supply and demand, particularly where there is not enough supply to meet the demand at any one point in time. But that network challenge is about to be turned on its head: the biggest problem in the future will be not enough demand, because most consumers have their own supply in the form of rooftop solar.

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