Today
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
Yesterday
Holiday home owners to get $600 in power bill discounts
Holiday and second home owners will receive multiple $300 energy bill credits, after the government says all households would automatically receive the benefit.
- Updated
- John Kehoe and Elouise Fowler
This Month
Eyes on Transgrid as super funds bail out of $8b infra fund UTA
Sources say Aware Super has hired Campbell Lutyens, a specialist in moving illiquid investments for institutional investors, to shop a $600 million stake.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- 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
Energy funding chopped under weight of Victoria’s debt
Experts say this week’s state budget shows the Victorian government has prioritised major transport projects over the energy transition.
- Gus McCubbing
Origin reaps $420m Octopus gain as Aware Super climbs on board
The UK energy disruptor has upped its valuation by 15pc, in a transaction that brought in Aware and raised the value of Origin’s stake beyond $2 billion.
- Hans van Leeuwen
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
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
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
- Exclusive
- Carbon challenge
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
Data centre giant AirTrunk strikes major Hong Kong renewables deal
The surge in energy demand by data centres, now turbo-charged by the emergence of AI, is straining the capacity of electricity grids around the world.
- Nick Lenaghan
Commodity traders bet on big data and AI
Firms that traditionally relied on political connections, handshakes and logistical skill to move natural resources to willing buyers are increasingly focused on how to apply AI.
- Updated
- Tom Wilson and Malcolm Moore
Electricity CEO alleges board engineered share sale sacking
The head of electricity services company LPE says he was left in limbo when he told the board he needed to sell shares.
- Liam Walsh
Green scheme rules hang in balance as 6GW deadline nears
The details of the Capacity Investment Scheme are still being debated just weeks before the first auction for six gigawatts of wind and solar capacity.
- Angela Macdonald-Smith
‘Australians will have to pay more for energy in future’: Alinta CEO
Jeff Dimery called for an honest debate about the costs of the energy transition and said consumers would inevitably have to pay more.
- Angela Macdonald-Smith
Can one of our dirtiest coal plants reap a green bonanza?
Verdant Earth has lofty ambitions to turn the moribund Redbank into a major clean energy precinct using biomass. Environmentalists are still unhappy.
- Ben Potter
Japan wind project founders as other decisions remain secret
Flotation Energy says it is ‘very surprised and disappointed’ after hearing last week that it had failed to secure an offshore licence for Gippsland.
- Angela Macdonald-Smith and Ben Potter
Coal power surge raises pressure to extend Eraring
A surge in coal generation in NSW in the March quarter has put pressure on Origin and the state government to postpone closing Australia’s largest power station.
- Ben Potter
Want Australian-made solar? Be prepared to pay $1500 more
SolarQuotes’ Ronald Brakels says there are probably enough consumers willing to pay a premium for locally made panels for a manufacturer to make a go of it.
- Ben Potter
March
- Updated
- Renewables
AGL, Cannon-Brookes vying for $1b in solar manufacturing grants
SunDrive, backed by the Atlassian billionaire, is among groups including 5B and Tindo who want to use the taxpayer funds to expand local panel production.
- Updated
- Angela Macdonald-Smith and Ben Potter
