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Energy News Brief

The Australian Financial Review reports wind farm owner Tilt Renewables is considering a higher takeover offer putting into doubt the deal struck last month between Tilt and AGL and Mercury NZ. Also in the AFR both Santos and Woodside Petroleum have held their AGMs with both CEOs outlining the future direction for each company.

Apr 16 2021
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Energy News Brief

According to today’s Australian Financial Review Origin Energy has advanced its ambitions to build a green hydrogen export business in Queensland, signing a preliminary deal to use the port of Townsville to ship cargoes. While Nine reports a new Climate Council report says the government should aim to reduce emissions by 75 per cent below 2005 levels by 2030 and reach net zero by 2035.

Apr 15 2021
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Energy News Brief

Nine newspapers report AGL has struck a partnership to assess developing huge hybrid power systems to help decarbonise some of Australia's most emissions-intensive industrial operations such as mine sites, oil and gas facilities and refineries.

Apr 14 2021
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Energy News Brief

The ABC’s Four Corners program investigated the federal government’s push for a gas-fired future. It also included claims Federal Energy Minister, Angus Taylor "pressured" then AEMO boss Audrey Zibelman to change its forecasts, which were unfavourable to gas.

Apr 13 2021
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Energy News Brief 12 April 2021

The Australian reports Australia’s electricity sector can reach zero-net emissions by the 2040s with only small impacts on affordability and reliability, according to a report by the Grattan Institute.

Apr 12 2021
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Energy News Brief

The Sydney Morning Herald reports the head of Origin Energy, Frank Calabria says state governments must explore ways to spur private investment in new projects saying new investment in "firming" capacity such as gas plants, big batteries and pumped hydro would be required to replace coal-fired power … Angela MacDonald Smith writes in the AFR, Mr Calabria has poured cold water on simmering speculation that the energy supplier may take a tip from rival AGL Energy and consider splitting its business.

Apr 09 2021
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Energy News Brief

ABC News reported on residential and small business customer energy debt as COVID protections are removed. The Australian Energy Council’s Sarah McNamara says that retailers have helped thousands of customers throughout the pandemic. The ABC News site also covers the story.

Apr 08 2021
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Energy News Brief

The Canberra Times claims that Evoenergy wants to increase Canberrans' electricity bills by almost $300 a year, blaming the ACT government's renewable energy targets and taxes. Evoenergy chief executive John Knox said the proposed price hike for this year was a significant one. "We understand passing through any increase is difficult for the ACT community, let alone one of this size," Mr Knox said. Prime 7 News also covered the story.

Apr 07 2021
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Energy News Brief

The Australian writes energy giants have warned Canberra against looming intervention in the nation's oil and gas industry, over fears the Morrison government's promised gas-led recovery could stifle investment needed to boost the economy.

Apr 06 2021
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Energy News Brief

According to today's Australian Financial Review, AGL is expected to face an “uphill battle” to create value for shareholders through a split of its electricity and gas business ... The Australian says AGL’s restructure makes sense but is dependent on the detail of the separation and energy price movements. Nine Group also covers the story.

Apr 01 2021
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Energy News Brief

The Sydney Morning Herald reports Santos has given the go-ahead to its $4.7 billion Barossa gas project north of Darwin after its plans were put on hold last year amid the coronavirus driven market crash… meanwhile Angela Macdonald-Smith writes in the AFR that Santos has defied warnings from pressure groups about the hastening demise of demand for natural gas amid the push towards net-zero emissions.

Mar 31 2021
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Energy News Brief 30 March 2021

Nine newspapers report AGL has launched a new venture with Britain’s OVO Energy as it accelerates its response to the rapid changes to the energy market. The new partnership, under which OVO’s technology platform will be adapted for the Australian market, comes as AGL prepares to brief shareholders on its business strategy.

Mar 30 2021
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Energy News Brief 29 March 2021

The Australian writes Australia’s southern states will only dodge a gas shortfall if billionaire Andrew Forrest proceeds with a project to import LNG at Port Kembla, as production slumps from depleted fields in Victoria’s Bass Strait.

Mar 29 2021
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Energy News Brief

Angela Macdonald-Smith writes in the Australian Financial Review a proposal to allow distributors to charge solar households to export power to the grid has been "blasted" by solar advocates, but deemed necessary by network owners to prevent blackouts and bottlenecks in the power system. 

Mar 26 2021
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Energy News Brief

According to today’s Australian Financial Review households with rooftop solar could be charged to export their surplus power to the grid under proposals to head off “logjams” on the system. Nine Group also covers the story, while Benn Barr, chief executive of the AEMC, says the Commission’s draft package of reforms address these ‘‘traffic jams'' on the network.

Mar 25 2021
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Energy News Brief

According to today's Advertiser, the South Australian Government has revealed the export of SA produced green hydrogen to Europe's largest port will be studied as part of a bid to replace coal and oil-fired energy.

Mar 24 2021
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Energy News Brief 23 March 2021

The Adelaide Advertiser reports a hydrogen-fired power station designed to cut electricity bills and create thousands of jobs would be built, owned and operated by a Labor state government under an electricity policy release from the SA Opposition leader, Peter Malinauskas… Paul Starick comments in the paper that state ownership could be a political advantage and electricity will again be a major state election issue.

Mar 23 2021
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Energy News Brief 22 March 2021

The Australian Financial Review writes Andrew Forrest has declared he will meet Federal Energy Minister Angus Taylor's deadline for a commitment to build new on-demand power generation capacity in NSW. with the only outstanding conditions being state development approval and federal underwriting support.

Mar 22 2021
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Energy News Brief

Today's Sydney Morning Herald reports that Origin Energy has struck a deal with one of South Korea's biggest steel makers to investigate future exports of zero emissions hydrogen made from renewable energy in Tasmania and Queensland.

Mar 19 2021
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Energy News Brief

According to today’s Australian Financial Review, the biggest maintenance program to be carried out at AGL’s Bayswater coal power station in NSW will reduce generating capacity at the site for more than three months. AGL chief operating officer Markus Brokhof said the reliability of supply for NSW will not be impacted during the maintenance work.

Mar 18 2021
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