Viva to build Australia’s first public hydrogen-refuelling station
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.
Shell grows green power business with Australian wind farms deal
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.
Record coal prices tipped to rise further on Ukraine conflict
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.
Eraring effect on future prices is a damning indictment of transmission planning
Australia’s wholesale electricity market continues to see transmission constraints stuffing up prices.
Tasmania terminates contract with Basslink, as legal fight continues
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.
A hot Kurri Kurri: why Labor’s fossil proposal is even worse than the Coalition’s
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.
Pace of power grid transition in dispute
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 lures $100bn renewable energy bonanza as transition accelerates
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.
AGL, EA restructures put Origin Energy in crosshairs
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.
How energy became a foreign policy power play
In Australia we have become accustomed to thinking of energy in terms of the trilemma: affordability, reliability and sustainability.
Queensland’s sky-high power prices show its energy policies don’t cut it
Queensland has moved from being an electricity exporter to a net importer in January, 2022, pushing wholesale prices through the roof, and to what can only be described as absurd levels.
Relief rally lifts oil to biggest January gain in decades
Oil posted its largest January gain in at least 30 years as strong demand and supply constraints drained inventories, adding fresh thrust to forecasts of $US100 a barrel Brent crude ahead of Wednesday’s meeting between the major oil exporters.
Anthony Albanese accused of ‘humiliating’ backflip on Kurri Kurri gas-fired plant
A decision to back a government-funded power plant has been labelled a “humiliating backdown” for Labor leader Anthony Albanese.
Queensland facing potential blackouts following heatwave
Queensland’s energy grid was stretched to the limit on Tuesday after a heatwave and lack of generation capacity forced the market operator to intervene.
Traders wanted in a once-sleepy gas market with new kingpins
Around the world, analysts and traders are grappling with the biggest shakeup in the 60-year history of liquefied natural gas: The emergence of two new superpowers, the US and China, who are bringing more uncertainty and price fluctuations to a once-staid commodity market.
South Australia breaks record by running for a week on renewable energy
South Australia sourced an average of just over 100 per cent of the electricity it needed from renewable power for 6½ days leading up to December 29 last year – a record for the state and perhaps for comparable energy grids around the world.
Both coal-fired generation and carbon emissions hit record levels in 2021, according to the IEA
Coal generated more power in 2021 than at any other time in history as the energy crisis in Europe and China pushed up power prices and forced a switch back to coal generators, according to the International Energy Agency.
Victoria pushes ahead with 1.5GW network upgrade in windy south-west
Victoria is pushing ahead with a major transmission upgrade in the state’s south-west to open the way for 1,500MW of additional renewable electricity capacity, and ease voltage stability constraints.