Latest
Can Australia become a green energy superpower? Five charts that say yes
The Albanese government is taking a big punt on its signature Future Made in Australia policy, betting $24.3 billion over 10 years in Tuesday’s budget – these charts show why.
- Ronald Mizen
Hydrogen credit could blow its $6.7b budget
Sunshine Hydro chairman Michael Myer says international investment could mean the cost of the budget measure blows out, but is still worth the benefits.
- Ben Potter
The game changer on battery-making is still to come
The founder of Australia’s only lithium-ion battery-maker says a $523 million budget boost will help underwrite a boom in critical minerals.
- Ben Potter
- Updated
- Food
Beef giant’s earnings dip but CEO says there’s ‘strong demand’
The beef giant saw a drop in profits as rivals pushed more meat onto the market and costs rose.
- Updated
- Liam Walsh
‘Back in the game’: Hydrogen sector celebrates from afar
Almost 50 Australian companies were in Rotterdam for the World Hydrogen Summit. When news of the budget bonanza came through, the reaction was ecstatic.
- Updated
- Hans van Leeuwen
This Month
Arena to receive $5.1b to back renewable energy
A big winner is the Australian Renewable Energy Agency, a body threatened with abolition a decade ago.
- Ben Potter
- Opinion
- Federal budget
Chalmers’ latest effort basks in a green glow
Sit back and behold Jim Chalmers’ big green Australian budget. But making forecasts is easy, and will voters buy the story?
- Andrew Clark
Fortescue, Woodside find common ground on green hydrogen
Andrew Forrest has been one of the oil and gas giant’s biggest critics. The two are on the same page about US tax credits issues holding up renewable projects.
- Brad Thompson
- Analysis
- Energy transition
What was Origin Energy boss Frank Calabria really doing in London?
He flew halfway round the world to hold a strategy day for UK upstart Octopus Energy. The message for Origin shareholders and analysts: take another look.
- Hans van Leeuwen
Trade partners applaud gas certainty; trouble brews for Labor at home
Gas, not wishful thinking, is needed to get to net zero, says Anthony Albanese.
- Updated
- Phillip Coorey, Andrew Tillett and Jessica Sier
The world’s wiliest climate warrior? It’s not who you think
International Energy Agency boss Fatih Birol, a lifelong bureaucrat with roots in the oil industry, has made the net zero transition a personal mission.
- Hans van Leeuwen
- Exclusive
- Nuclear energy
Australia doesn’t need nukes: International Energy Agency boss
Global energy tsar Fatih Birol says Australia should play to its strengths in renewables, and there should be less emotion and politics in energy discussions.
- Hans van Leeuwen
ANZ hardens policy against bankrolling oil and gas projects
The bank says it will “no longer provide direct financing to new or expansion upstream” projects, practically ruling out lending to the largest proposals.
- Ben Potter
Atlas Arteria’s ‘back-up plan’ to fight French taxes
The tollroad group is cutting costs and jobs as it tries to keep dividends at current levels, chief executive Graeme Bevans says.
- Jenny Wiggins
CEO hails progress as AGL ups guidance again
The energy giant backed by software billionaire Mike Cannon-Brookes bumped the lower bound of its full-year guidance up by $80 million.
- Updated
- Ben Potter and Jemima Whyte
‘True energy impact’: Di Pilla defies gloom, appoints Gillard to $2b fund
The ASX-listed HMC Capital is banking on plenty of investor interest to defy a gloomy market outlook on the transition to clean energy for its latest vehicle.
- Ben Potter
What Charles Dickens can teach you about utes
The English author mapped out the lobbying tactics of the legacy car makers against vehicle emissions standards 170 years ago.
- Tristan Edis
Offshore Gippsland licences to unlock $100b of generation
The winners of a dozen offshore wind licences are preparing for offtake auctions that seek to harness world-class resources.
- Ben Potter
Why AGL’s staff are happier after a major plant closure
AGL will use the Liddell decommissioning as a blueprint for plant shutdowns, after it managed to move 100 per cent of workers into new roles.
- Agnes King
April
New gas supplies ‘needed’ says Bowen as Gippsland wind takes off
Energy Minister Chris Bowen believes Australia has no option but to seek new supplies of gas even as he green-lights six potential offshore Gippsland wind projects.
- Jacob Greber
Kean questions need for Eraring bailout
It will be the “NSW government”, not the renewables sector, that faces the music if sluggish wind, solar and transmission rollout leads to blackouts.
- Updated
- Jacob Greber
- Exclusive
- Electricity
Former Labor leader to chair Victoria’s SEC
Simon Corbell, a former ACT deputy chief minister, will chair Victoria’s revised State Electricity Commission, after its advisory board was disbanded.
- Ben Potter and Patrick Durkin
Coal mine methane twice official disclosures: Sims
Australia’s open cut coal mines could be emitting twice as much methane as official disclosures suggest, casting doubt on national carbon emissions data.
- Ben Potter
- Exclusive
- Industrial
Batteries to power up warehouse pipeline as big as 40 MCGs
Dexus’ program to install batteries in all its new warehouses will cut its tenants’ energy bills by almost $100,000 a year and reduce their carbon emissions.
- Larry Schlesinger
Why Mike Cannon-Brookes invested in this mushroom
A tree-planting boom is required to get the world to net-zero, and the billionaire is betting mushrooms and fungi will be a crucial enabler
- Peter Ker and Lap Phan