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Energy News Brief

Today's Australian looks at the nation's hydrogen strategy and says the world's push towards net zero by 2050 is providing a huge incentive.

Jan 27 2022
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Energy News Brief

The Australian Financial Review reports the hunt for new gas and oil fields in the waters around Australia is set for a fresh burst of activity in 2022 led by Santos and smaller explorers, while eyes worldwide will be focused on drilling results in the Northern Territory.

Jan 25 2022
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Energy News Brief

The Australian Financial Review reports the forward price of Australian carbon credits has hit a record high as corporates lock in supply of the offset agreements several years in advance to prepare for the prospect of a Labor government mandating emission reductions.

Jan 24 2022
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Energy News Brief

The Australian Financial Review reports history will be made next week when Australia ships the world's first cargo of liquid hydrogen. Also in the paper, Energy Minister Angus Taylor follows with an op-ed. While the Herald Sun also follows the story writing hydrogen made in the Latrobe Valley will be shipped to Japan in a world-first milestone that puts Victoria at the forefront of a global market expected to be worth billions of dollars.

Jan 21 2022
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Energy News Brief

ABC News reports the price of electricity is the cheapest it has been in almost a decade, but new analysis shows many consumers could be paying even less. It quotes AEC chief executive Sarah McNamara who encouraged people to use the government comparison sites or speak to their retailer for a better deal.

Jan 20 2022
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Energy News Brief

According to the Australian Financial Review, KPMG's "shopping" for investment bankers to handle the Basslink subsea interconnector's mooted sale. Elsewhere the paper reports private renewables developer Maoneng expects to seal an all-equity funding deal for a battery project in Victoria's Mornington region by May.

Jan 19 2022
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Energy News Brief

The Australian Financial Review has reported reports construction work on the 412MW Goyder South has begun which when operational will underpin South Australia's ambitious target of becoming a major exporter of renewable power.

Jan 18 2022
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Energy News Brief

The Herald Sun and other News Ltd papers report electricians across the country have launched a campaign calling for electrical maintenance to be urgently prioritised to prevent future bushfires and for the AER to stop cuts to maintenance.

Jan 17 2022
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Energy News Brief

The Herald Sun reports an expert panel has recommended banning “embedded electricity networks” that often supply power at high prices to all tenants in the same apartment block ... While the Australian Financial Review writes Tomago Aluminium is to make multiple back-up plans for the supply of critical materials to keep the country's biggest aluminium smelter in operation amid chronic shortages.

Jan 14 2022
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Energy News Brief

According to today's Australian Financial Review, Sojitz Corporation will work with CS Energy and Nippon Engineering Consultants in a project to transport renewable energy from Queensland to the island nation of Palau where it will replace carbon-intensive diesel.

Jan 13 2022
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Energy News Brief

The Herald Sun reports the Powerline Bushfire Safety program implemented across Victoria after the Black Saturday fires has reduced bushfire risk by more than 44 per cent, a new report has found. According to the Australian Financial Review, AGL Energy is likely to have significant rebound in earnings over 2023 and 2024.

Jan 12 2022
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Energy News Brief

The Australian Financial Review has reported Origin Energy's Eraring coal power station is one of a few in the national grid capable of ramping up and down as renewable energy supply fluctuates, and a model for the Australia Energy Regulator's vision of flexible coal plants - but it is scheduled to retire by 2032.

Jan 11 2022
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Energy News Brief

The Australian Financial Review reports the Australian Energy Regulator has challenged AEMO’s prediction of the rapid retirement of coal power plants, asking if it had considered whether plants could be operated more flexibly. The Australian Energy Council's Chief Executive, Sarah McNamara, said the timing of coal plant closures will be subject to a range of complex factors, which were reflected in the AER's comments.

Jan 10 2022
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Energy News Brief

Construction is due to start at Snowy Hydro's $600m Hunter Power Project in NSW early next year, but questions are still being asked about the need for the generator and whether it would even proceed under a federal Labor government, according to the Australian Financial Review.

Dec 22 2021
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Energy News Brief

A record low for the carbon intensity of power generation in the national grid has underscored the rapid decarbonisation of the electricity system as booming rooftop solar and increasing numbers of large-scale wind and solar farms force the retreat of coal power, according to the Australian Financial Review.  It also reports the Australian Energy Council has called for an interim emissions target of 55% by 2035 and that electricity has been doing all the heavy lifting.

Dec 21 2021
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Energy News Brief

The Herald Sun writes Victoria is facing an energy supply crunch, with two coalfired power stations that provide half the state's electricity expected to shut down in just over a decade. AEMO is planning for the closures to be fast tracked by 15 years ... While the Canberra Times writes former Prime Minister Malcolm Turnbull declared political will is now the only obstacle to making the clean energy switch.

Dec 17 2021
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Energy News Brief

The Australian reports Australia's most powerful energy companies have demanded a dramatic hike in the nation's response to climate change, calling for a 55% cut in emissions by 2035 across the economy to ensure the country can meet its net-zero target by the middle of the century. The Australian Energy Council’s Chief Executive, Sarah McNamara, told the paper the target represented a sensible and realistic timeframe.

Dec 16 2021
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Energy News Brief

The Australian reports former Energy Security Board chair, Kerry Schott will head the NSW State Government's clean energy investment advisory board.

Dec 15 2021
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Energy News Brief

Giant steel producer Posco will buy out oil and gas producer Senex Energy for $900m in a deal the South Korean listed company says is key to its global blue hydrogen plans and ‘‘low risk'', given the high demand for gas in the tight Australian east coast market, according to an Australian Financial Review report.

Dec 14 2021
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Energy News Brief

The Australian reports Australia has recorded its lowest electricity prices in eight years, according to the latest ACCC assessment.

Dec 13 2021
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