Latest
Fortescue chief scientist fudged CV, court told
Federal Court documents reveal a buried conflict within Fortescue’s ranks between Andrew Forrest and an Element Zero defector.
- Brad Thompson
- Updated
- Glencore
Glencore says ESG mood has ‘evolved’ and it will keep coal mining
The Swiss-based commodities giant had proposed spinning off the fossil fuel into a separate company but has decided to retain the division.
- Updated
- Peter Ker
Cannon-Brookes, Turnbull-backed solar maker cuts staff, replaces CEO
SunDrive, which also counts Blackbird as an investor, is restructuring its business at the same time as it courts global partners to expand its operations.
- Ben Potter
Woodside punished as investors query ‘marginal’ green projects
The oil and gas producer had almost $2.6 billion wiped off its market value as investors struggled to accept projected returns on a large US acquisition.
- Updated
- Angela Macdonald-Smith
Closing Eraring would have driven up power bills: research
Electricity prices would be $55 a megawatt-hour higher if Origin were to close the coal power plant next year, the government was told.
- Angela Macdonald-Smith
This Month
EnergyAustralia returns to profit as prices jump
After two June halves of heavy losses, EnergyAustralia has surged back into the black, buoyed by sharply higher wholesale prices when renewables fell short.
- Angela Macdonald-Smith
- Updated
- Gas
Woodside’s $30b Browse LNG project faces EPA knockback threat
The recommendation is not final and could be reversed after further negotiations, but a final rejection would be a blow to Labor’s long-term gas strategy.
- Updated
- Ben Potter, Tom Rabe and Brad Thompson
Marinus Link makes billion-dollar cable commitment
The order should ensure the $3 billion-plus project to build a second power link to Tasmania starts up in 2030 when the energy market operator says it’s needed.
- Angela Macdonald-Smith
- Exclusive
- Hotels
Why Australia’s biggest hotel is bringing in maggots
The Hyatt Regency at Darling Harbour is the first in the world to use the fly larvae to dispose of its food waste – and it certainly won’t be the last.
- Larry Schlesinger
July
Elecnor blames earnings slump on SA-NSW high-voltage cable project
EnergyConnect’s Spanish contractor has recorded a provision of $13.98 million for losses on its Australian projects in the six months to June 30.
- Jenny Wiggins and Angela Macdonald-Smith
Rio boss dismisses Jabiluka uranium ‘extortion’
Jakob Stausholm says precious cultural heritage at Jabiluka made it a no-go zone and advocates for a uranium mine were engaging in “extortion”
- Peter Ker
Eraring output at five-year high as coal dependence persists
Origin Energy lifted provisions on plant sites by $235 million and warned of a big jump in coal costs for the generator.
- Angela Macdonald-Smith
Air NZ becomes first major airline to dump emissions targets
The Albanese government is under pressure on aviation fuel mandates after Air New Zealand abandoned its 2030 target.
- Brad Thompson and Ayesha de Kretser
Big Glencore shareholders want to keep coal
An influential group of Glencore shareholders want the company to abandon a plan to spin-off its coal division, and allocate those earnings to new avenues of growth.
- Peter Ker
- Opinion
- Opinion
Why east coast energy woes won’t hurt green industry plans
Many projects in the new industries can be located where they are welcomed, and away from the current grid.
- Rod Sims
- Opinion
- Chanticleer
Macquarie has partly reversed its ban on banking coal deals
Sentiment against part of the coal industry has softened, and Macquarie has read the tea leaves.
- Anthony Macdonald
ASX to expand into carbon, gas futures trading in transition payday
The market operator expects to list a gas futures contract in August, and is working with the clean energy regulator on a market for carbon credits.
- Kylar Loussikian
States should drop ‘ridiculous’ uranium bans: Mundine
Former ALP national president Warren Mundine says state government should end their bans on mining uranium, and the Mirrar people should be able to negotiate whether the practice remains at Jabiluka.
- Updated
- Staff
That cool op-shop jacket could earn you carbon credits
Federal regulators are considering a proposal to offer financial incentives to consumers who buy second-hand clothes.
- Peter Ker
End of the road for Kakadu’s Jabiluka uranium lease
The NT government has refused to extend a mining lease over the Jabiluka uranium deposit, cheering native titleholders but angering nuclear power advocates
- Updated
- Peter Ker
No wind or sun? Try using compressed air and molten salts
“You want as many cards up your sleeve as you can,” says Hydro Tasmania chief executive Ian Brooksbank of emerging renewable generation technologies.
- Angela Macdonald-Smith
Origin Energy ups battery investments with $450m Eraring project
The second power storage system to be installed at the NSW Central Coast site will have more than double the duration of the first one.
- Angela Macdonald-Smith
- Updated
- Energy
Forrest’s private Windlab sells big wind projects to Fortescue
The ASX-listed mining group has quietly taken ownership of two projects that were previously controlled by the billionaire’s private renewables developer.
- Updated
- Peter Ker and Brad Thompson
Cold snap confirms energy price surge, and need for gas and coal
Light winds through much of the June quarter drove a return to gas and coal power, and pushed up wholesale prices drastically in some states.
- Angela Macdonald-Smith
- Analysis
- Commercial real estate
The new risk lurking in banks’ commercial real estate lending
While working from home is a known risk for office towers, Citi highlights a new pressure point for lenders – the growing cost of the energy transition.
- James Eyers
