Amid the extraordinary boom in large-scale wind and solar projects in Australia – some $25 billion completed and under construction according to the federal Coalition government that tried to stop it – it may be tempting to think that this is nothing but a good news story.
Oil major Shell has set out ambitions to build a major electricity generating and retailing business in Australia within the next decade as part of its global shift towards lower-carbon energy, in comments that look set to revive speculation that a significant acquisition may be on the cards.
Gas prices on Australia’s east coast are set to fall this winter, potentially providing some relief to long-suffering manufacturers and heavy industry, according to data from the competition watchdog.
Federal Energy Minister Angus Taylor has called on AGL to commit to its energy replacement plan ahead of the planned closure of the Liddell power plant.
Ten years ago Lord Adair Turner made what he considers the most embarrassing prediction in a 40 year career which included decent lengths of time in consulting, banking, prudential regulation and academia.
After defying gloomy predictions of a supply glut and price slump in both 2017 and 2018, this year may finally see LNG markets tank, and while that's a concern for exporters, it offers some – if not much – hope of easing prices for manufacturers in the eastern states.
The Victorian government has grand plans to "lead the charge against climate change" in Australia, and the case for decisive action could not be stronger.
The mining sector has called for nuclear options with hopes a high-level review could end a ban on the prohibited energy source.
Australia would become a major global player in clean hydrogen production and create up to 16,000 new jobs in a Labor plan aimed firmly at voters in crucial Queensland seats ahead of the election.
The Australian Energy Market Operator warned of possible "load shedding" – mandatory power cuts – of up to 40 megawatts in each of Victoria and South Australia late on Thursday.
Origin Energy has lifted the speed with which it can supply electricity to the national power grid after upgrading South Australia’s Quarantine gas peaking plant to capitalise on new trading rules amid a surge in renewable energy output.
New solar energy installations tripled in capacity in 2018 in Australia, with solid growth in rooftop solar eclipsed by a massive increase in utility-sized ventures.
The industry experienced another record-breaking year in 2018, with $20 billion invested in large-scale renewable projects and close to 1.5 GW of rooftop solar installed, taking Australia past the magic milestone of 2 million homes with rooftop solar. While the renewable energy industry still has its detractors, most notably on the right wing of the Federal Coaltion, nothing silenced the critics quite like the installation of hundreds of thousands of solar panels on Australian rooftops – or the billions of dollars of investment and tens of thousands of jobs brought to rural Australia by dozens of new wind and solar farms.
Australia’s economy will be among the worst affected by the Paris climate change agreement, enduring slower growth, fewer jobs and a “notable” 6 per cent slump in the exchange rate, according to a new analysis of the global accord.
A split has emerged over energy investment, with integrated retailers stalling new generation, even as developers set the seal on a record year of new commitments.
After another year of chaos and anarchy in the energy sector it was inevitable that a question about energy in Chanticleer's annual CEO Survey would provide plenty of insights into the risks and opportunities from continuing policy paralysis.
Moves by NSW and South Australia to build a direct $1.3 billion link to export their excess electricity to one another is a step closer after the state energy ministers signed a formal agreement yesterday to establish a framework for the project.
The competition watchdog will turn up its scrutiny of AGL Energy, Origin Energy and EnergyAustralia over concerns the trio are reaping excessive margins from their gas retailing businesses.
Emissions reductions in Australia’s electricity market are on track to meet the Paris target eight years ahead of schedule, in 2022, and the government has seized on new data to attack Labor’s plan for stronger intervention to curb carbon pollution.
Simec Zen Energy, controlled by billionaire Sanjeev Gupta, is considering an Australian sharemarket listing as it seeks capital to become a major renewables energy operator with a $US1 billion ($1.4bn) pipeline of projects.
A delay in the rollout of solar farms following the collapse of contractor RCR Tomlinson may prompt a rise in power bills as a “drought” of large-scale renewable certificates extends into next year, piling pressure on prices.
East coast manufacturers are voicing frustration as domestic gas prices fail to follow international LNG prices lower, leaving them paying up to 25 per cent more for spot gas than equivalent export "netbacks" despite the dive in crude oil prices.
The relief from Victoria’s stunning election result this weekend was palpable. Not just to those in the renewable energy and energy storage industries, but to anyone interested and concerned about the clean energy transition, tackling climate change, and with an eye to Australia’s economic and environmental future.
Julie Bishop has urged the government to come to an agreement with Labor over the dumped National Energy Guarantee which was championed by Malcolm Turnbull.
German energy giant Sonnen has opened a home battery manufacturing facility at the former Holden factory in South Australia, days after Bill Shorten announced plans for a household battery scheme.