News

EnergyAustralia is understood to have been exploring two options for a partial sale.

Viva Energy will build Australia’s first public hydrogen refuelling station at its Geelong refinery site in a move aimed at capitalising on the transport and haulage industry’s expected transition to zero emission vehicles.

Global energy giant Shell is continuing its push deeper into Australia’s power market with a deal to buy a significant stake in wind-farm developer WestWind.

Yancoal chief executive David Moult says his Asian customers are scrambling to find alternative supplies to replace Russian coal, and he expects the military conflict in Ukraine will extend the period of extremely high coal prices.

Australia’s wholesale electricity market continues to see transmission constraints stuffing up prices.

The Tasmanian government has assured that the state’s energy security is “stronger than ever” after effectively binning its commercial contract with the company that operates the Basslink undersea cable that links Tasmania’s grid to the Australian mainland.

The Kurri Kurri gas plant proposal. No financial case, no necessity, a billion-dollar price tag, infrastructure unfit for purpose, a nearby gas plant that does the same job and faces the rising affordability of batteries. Callum Foote reports on why Labor’s proposal may be even worse than the Coalition’s.

The owner of the Vales Point coal power generator in NSW has joined AGL Energy in voicing doubt whether the rapid exit of coal power envisaged by the Australian Energy Market Operator is feasible without putting at risk security of supply.

NSW has attracted $100bn worth of potential investment in a renewables zone located in the heart of coal country, the latest sign that financiers are flocking to clean energy projects as a transition away from the fossil fuel accelerates.

Chalk it up as the year for diversified utilities deals. Ten years after the last big round of old world electricity deals – Origin buying Eraring Energy, AGL acquiring MacGen – the sector’s alive with fresh hopes of corporate activity.