Yesterday
‘Sugar hit’ of cheaper EVs to reach Australia soon
The Albanese government’s plan to introduce fuel efficiency standards is expected to result in a flood of new electric vehicles to Australia, even before legislation is passed next year.
- Updated
- Mark Ludlow
Citi worried about Woodside’s Scarborough as tough AGM looms
Concerns over the timing of the $16.5 billion project are building ahead of the annual meeting, where Woodside faces uncertain votes on pay and director re-elections.
- Angela Macdonald-Smith
This Month
Deloitte to help Sims shift biogas and solar power group LMS Energy
RBC Capital analyst expect the 50 per cent stake to trade at between $380 million to $460 million.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Rapid step-up in energy transition needed: IEA
The International Energy Agency has found multiple gaps in Australia’s policy settings to manage the energy transition and the path to net zero emissions.
- Angela Macdonald-Smith
Why your solar deal is getting worse
Households were once lured by generous returns to put solar panels on their roof, but energy retailers are cutting back amid an oversupply of energy during the day.
- Updated
- Mark Ludlow
Solar eclipse drives uptick in fossil fuel generation
The rare solar eclipse will curtail electricity generation from solar panels, forcing a brief increase in demand for fossil fuel power.
- Colin Packham
Chalmers rules out changes to bank levy
The levy was introduced by the Morrison government in 2017 to ensure the big banks paid some price for the implicit ‘too big to fail’ subsidy.
- Mark Ludlow
Big power bill rises coming even as wholesale energy prices ease
The latest quarterly update from the Australian Energy Regulator found wholesale electricity and gas prices continued to ease in the first few months of this year.
- Updated
- Mark Ludlow
Origin gives green light to $600m Eraring battery
The development of the battery will ease concerns about the storage capacity of Australia’s National Electricity Market.
- Colin Packham
- Opinion
- Renewables
If I go all electric, do I need to upgrade my grid connection?
What if you’re not Mike Cannon-Brookes and don’t own mansions with big swimming pools, spas, data servers, and commercial kitchens?
- Tristan Edis
Santos battles to get Barossa back on track
Santos aims to resume drilling at the $5.8 billion Timor Sea gas project by year-end, but some analysts are assuming the start will be delayed by 18 months.
- Updated
- Angela Macdonald-Smith
AGL Energy sparks up debt deal with BoA, CBA in tow
The embattled power generation has already outlined a target of 7 gigawatts of battery and hydro projects to drive its transition away from fossil fuels.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Sun Cable final bids delayed by three weeks
The company’s voluntary administrator, FTI Consulting, and sell-side adviser, Moelis, have given suitors another three weeks to firm up their final bids.
- Sarah Thompson, Kanika Sood and Emma Rapaport
New roadblocks sought for Beetaloo gas developments
The recommendations of a Senate inquiry will intensify pressure on prospective gas developers in the Beetaloo Basin.
- Colin Packham
Shares in Decmil pop 25pc as it rides renewables boom
The engineering group said annual revenues are on course to jump 30 per cent this year, suggesting it has completed a corporate turnaround.
- Colin Packham
- Exclusive
- Energy security
Browse LNG becomes flashpoint for Japan’s worries on gas
Woodside CEO Meg O’Neill says LNG customers are particularly worried about the prospects for developing the vast Browse resource due to multiple hurdles for gas.
- Angela Macdonald-Smith
Construction begins on one of Australia’s largest wind farms
Australia must accelerate the development of renewable energy projects to meet its climate goals and avoid price increases and blackouts.
- Colin Packham
Spark Renewables auction down to four bidders, Malaysia’s Tenaga leads
Street Talk understands a long list of tyre kickers has thinned out, where Macquarie Asset Management is squaring off against ENGIE and Tenaga Nasional.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Azure Capital spruces up Sydney offices, hires from Gresham
The corporate advisor is boosting its industrials and sponsors lineup as its senior partner, Adrian Arundell, shift home base from Perth.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Gas crisis
Jim Chalmers is skating on very thin ice
Short-term subsidies for household energy bills will have a high long-term price that this government will not face up to.
- Amanda Stoker
