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Energy News Brief

The Australian Financial Review features an interview with AEMC chair Anna Collyer who tells the paper ‘no gold plating on the road to net zero'.

May 20 2022
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Energy News Brief

The AFR reports the Commonwealth science organisation CSIRO has acknowledged it should have spoken out earlier to explain that carbon capture and storage is a viable technology and important to help meet net zero emissions, rather than leaving the energy industry to try to fight the ‘‘noise’’ of its many critics.

May 19 2022
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Energy News Brief

The ABC’s 7:30 Report follows the election campaign and the impact that coal fired power station closures will have on communities. The report also looks at the AGL demerger and features an interview with NSW climate change advisory board member Kerry Schott.  

May 18 2022
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Energy News Brief

The AFR Reports spot gas prices remained more than treble normal rates in Sydney, Melbourne and Adelaide yesterday, as calls mounted from manufacturers for the government to trigger LNG export controls that could help relieve pressure on energy bills that threaten to close some plants.

May 17 2022
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Energy News Brief

The Australian reports Mike Cannon-Brookes will likely need to amass more shares in AGL Energy to thwart its demerger plans.

May 16 2022
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Energy News Brief

The Sydney Morning Herald reports Aware Super, one of AGL's top shareholders says it is weighing climate and financial risks before deciding how to vote on the energy giant's proposed demerger as healthcare workers call on it to reject the plan and push for earlier closures of coal-fired power stations…the Australian also follows the story.

May 13 2022
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Energy News Brief

The Australian reports comments from AGL Energy that it is an “engineering impossibility” to replace all of its coal generation by 2030 with renewable energy capacity in the lead up to a vote on its demerger plan.

May 12 2022
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Energy News Brief

The AFR reports one of Queensland's largest coal power generators will this week return to service, easing some pressure on wholesale electricity prices. More than 30 per cent of Australia's coal power capacity is currently offline as the country's ageing infrastructure requires regular maintenance and suffers unplanned outages.

May 11 2022
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Energy News Brief

The Australian Financial Review reports that retail electricity prices are expected to jump by up to 10 per cent on July 1 following a surge in wholesale prices in the past year. 

May 10 2022
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Energy News Brief

The Australian Financial Review writes Mike Cannon-Brookes' Grok Ventures is set to step up its attack on AGL Energy's proposed demerger this week, telling shareholders the coal power arm, Accel, may risk falling insolvent and a targeted ESG premium for retailer AGL Australia is unlikely to emerge. The AGL board said in a scheme booklet for the demerger released last Friday the early closure of coal power would destroy value.

May 09 2022
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Energy News Brief

Investors are demanding answers on what happens if the AGL Energy demerger vote fails, wanting the giant electricity supplier's new biggest shareholder, Mike Cannon-Brookes, to spell out his intentions more fully, the Australian Financial Review has reported.

May 05 2022
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Energy News Brief

The Australian reports AGL, following Mike Cannon-Brookes' move to block its demerger, has landed its own blow after unveiling a $2bn deal with Global Infrastructure Partners to develop its renewables and low carbon business.

May 04 2022
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Energy News Brief

The Australian writes Mike Cannon-Brookes, one of the country's richest businessmen, has dramatically intervened to stop an attempt by AGL Energy to demerge its coal-fired power stations.

May 03 2022
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Energy News Brief

Electricity suppliers fear some retailers could be sent to the wall if the national energy regulator does not raise benchmark power prices enough to reflect a huge surge in wholesale prices, according to an AFR Weekend report.

May 02 2022
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Energy News Brief

The Sydney Morning Herald writes households face another hit from rising power bills just a day after inflation spiked to a 20-year high. An update today from AEMO shows the east coast wholesale price of electricity jumped 141% to $87 a megawatt hour in the March quarter.

Apr 29 2022
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Energy News Brief

The Australian reports Regionalisation Minister Bridget McKenzie has backed the construction of new coal-fired power stations to ensure energy supply as Scott Morrison pulls the plug on a proposed coal-fired plant in Queensland.

Apr 28 2022
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Energy News Brief

The Australian reports the new focus of Australia's chief energy industry bodies is building back-up capacity for renewables: encouraging investments in resources that kick in when the sun isn't shining, the wind isn't blowing, or demand spikes, says AEMC chair Anna Collyer.

Apr 27 2022
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Energy News Brief

The Australian writes coalminers won't know how Anthony Albanese's climate change policies will apply to them until after the election, amid mixed messaging in Labor over how the sector will be affected by its plans for a strengthened safeguard mechanism.

Apr 26 2022
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Energy News Brief

The Australian reports Victoria faces the loss of coal power generation over the critical winter period after AGL Energy revealed an electrical fault at its Loy Yang A plant had knocked out a unit.

Apr 21 2022
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Energy News Brief

The Australian reports outages at coal fired power stations have pushed up gas prices on the east coast of Australia, sending wholesale electricity prices surging across the National Electricity Market.

Apr 19 2022
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