Latest
Cannon-Brookes rejects AGL climate plan, demands faster action
AGL shareholders would benefit from a more ambitious path to renewable energy, said the tech billionaire’s Grok Ventures.
Victorian roads will be even worse without an EV tax: Allan
The Victorian premier has backed her NSW counterpart in calling on the federal government to move faster on an electric vehicle road user charge.
AGL wins backing for climate plan but Cannon-Brookes’ support in doubt
The reality of Australia’s sluggish energy transition has taken some of the heat off the country’s largest carbon emitter, but its biggest shareholder still isn’t happy.
Qld shortage warning as Rio flags closing power plant six years early
Rio’s notification that the huge generator could close in 2029 has triggered a call from the energy market operator for timely delivery of replacement capacity.
Beetaloo gas to hit market in 2026, thanks to $75m NT guarantee
An unusual loan guarantee granted by the Northern Territory government has underscored how much gas from the project is needed.
September
Heavy emitters targeted by $300m carbon credit fund
A new fund from UK-based Cibus will provide returns in the form of carbon credits, rather than dollars, focusing on gas producers and other big polluters.
‘No zero-cost option’: BlueScope CEO demands action on gas
Mark Vassella says the rules must be changed to ensure manufacturing is not wiped out, even if it means a hit to the margins of Queensland’s LNG exporters.
Renewables, nuclear to power construction giant Bechtel in Australia
The US group’s Australian business is rapidly changing from LNG and mining to renewables, defence and public infrastructure, says CEO Brendan Bechtel.
Race against time for giant machines that will keep NSW’s lights on
Delays in securing huge spinning machines that help keep the grid stable but don’t generate power have become the biggest threat to Eraring’s 2027 closure date.
Coal power to be around for ‘decades’ in threat to climate goals
Queensland energy minister David Janetzki and the owners of coal power stations expect coal to remain in the power mix for longer than climate targets suggest.
Distressed wind and solar assets a sign of grid’s growing pains
With billions of dollars worth of renewables assets for sale, it’s a buyers’ market for investors willing to take the long view.
Canadian pension giant takes $1.1b punt on Australian renewables
La Caisse has struck a deal to buy solar and storage developer Edify Energy in its first move into the fast-growing domestic sector.
Mitsui says 2035 climate target bolsters the case for gas expansions
The Japanese giant’s Australian division boss acknowledged the importance of securing domestic gas supply.
Climate report pokes hole in Forrest’s green trucking dream
Canberra has picked a side in the argument between BHP, Rio Tinto and Fortescue over the ability for low-emissions trucks to run Australia’s iron ore mines.
How Labor’s new climate plan will change your life
The energy transition has not had a major effect on the everyday lives of most Australians to date. Under the new emissions plans, that’s set to change.
Santos may be forced to make asset sales after XRG drops $36.4b bid
Disappointed investors say the pressure is back on chief executive Kevin Gallagher to lift value for shareholders, potentially through asset sales.
Anger at North West Shelf approval spreads through Pacific
A former president of Kiribati has criticised the Australian government over its approval of a major gas project off Western Australia.
Green hydrogen losing momentum as cost hurdle grows
Green hydrogen projects are struggling to make the economics stack up, leading the IEA to downgrade its 2030 production forecast.
Alinta Energy widens merger talks to Singapore’s Sembcorp
The early talks are running alongside separate discussions between the company and EnergyAustralia.
Don’t throw away advantage over US in gas, Australia warned
The country risks losing its edge in energy policy stability because of questions over its gas market and carbon rules, the head of a Japanese think tank has warned.
Giant US investor plots Australian clean energy investments
Nuveen, already a large player in real estate and farmland in Australia, is on the cusp of major investments in solar power and battery storage.
‘Crying shame’: Inside the demise of Australia’s only battery maker
Brian Craighead spent a decade trying to build an industry. He blames a cash crisis, a glut of Chinese product and shambolic federal policies for its failure.
August
Regulator says fossil fuel methane can be used to make ‘green’ iron
It will be one of Australia’s biggest emitters, but POSCO’s proposed iron ore pellet factory has won approval for its potential to cut ‘global’ emissions.
Illicit tobacco sales shave margins and value at Viva Energy
Slumping refining margins and a dip in convenience sales also took a toll on the petrol and diesel supplier’s first-half profits.
Emissions down as Labor looks to hedge its climate bets
The Albanese government has hinted it will use a range to set Australia’s 2035 emissions reduction target, rather than a single number.
