News

News articles relating to the energy and telecommunications industries

NSW, South Australia move to fast-track power connection

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.

ACCC to probe gas retailers’ ‘excessive margins’

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.

Paris target achieved eight years early

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.

Sanjeev Gupta, Simec Zen Energy, ready to raise cash for renewables

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.

Fears RCR collapse could ‘drive up power bills’

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 gas prices remain stubbornly high despite oil price collapse

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.

Labor’s smashing win in Victoria a huge tonic for Australia’s clean energy transition

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 calls for deal on dumped National Energy Guarantee with Labor

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.

Battery giant Sonnen opens plant at former Holden site

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.