Today
Renewables are cheapest, even with poles, wires and batteries added in
CSIRO’s annual price comparison of energy sources include transmission and storage costs in renewables calculations for the first time. They still come out on top.
- Ben Potter
Yesterday
AGL lights up Liddell battery, Forrest wind farm seals NSW contract
The latest round of NSW renewables and storage projects coincides with AGL Energy giving the go-ahead to build a $750 million large-scale battery at its Liddell site.
- Updated
- Angela Macdonald-Smith
This Month
Kahlbetzer-backed solar start-up eyes Nasdaq proceeds for SA projects
Vast Renewables expects to commit to building a concentrated solar project and a separate green methanol project in the state in the second half of 2024.
- Angela Macdonald-Smith
Origin drops another $530m on UK energy player Octopus
Origin’s stake rises to 23pc, in a deal that values Octopus – which may have played a role in thwarting the EIG-Brookfield bid for Origin – at almost $12 billion.
- Hans van Leeuwen
NSW wind farm heads for approval, breaking project drought
A contentious renewables project near a historic gold mine looks set to be the first large wind farm approved in NSW since May 2021.
- Angela Macdonald-Smith
Support for wind farms declines but solar still king: poll
The popularity of wind-generated energy has taken a hit in the latest Financial Review/Freshwater Strategy poll, while support for nuclear has lifted a little.
- Phillip Coorey
Climate vow hits pipeline full of coal, oil and gas
Latest figures in the Department of Industry, Resources and Sciences quarterly resources sector report card illustrate mixed progress towards decarbonisation.
- Ronald Mizen
Ex-Santos exec fires up $425m waste-to-hydrogen plan
Greenhill Energy is preparing to raise capital for a multistage plant to turn waste into fertiliser, hydrogen and synthetic fuels.
- Simon Evans
- Exclusive
- Electric vehicles
PEP bets $250m on EV charging firm founded in a Sydney garage
Most of the cash will be used to drive EVSE’s growth and integration with Intellihub smart meters to help customers manage their charging and protect the grid.
- Ben Potter
‘Too much risk’: Call for strategic coal power reserves
The head of the electricity supplier, Mark Collette, wants serious discussions on a scheme for a coal power reserve to prevent the lights going out on consumers.
- Angela Macdonald-Smith
Coal power ‘to be gone in 15 years’
All coal power plants will have closed by 2038, the energy market operator said in a forecast that piles on pressure to pick up the pace of the transmission build-out.
- Angela Macdonald-Smith
Four key takeaways from the new energy market roadmap
Coal is dead, the consumer is king, rising costs are squeezing new transmission and utility-scale generation projects, and gas will play an indispensable but small role.
- Ben Potter
AEMO may call on emergency power reserves as NSW grid wilts
NSW Energy Minister Penny Sharpe has asked households to dial back on power use if they can to take pressure off the grid as temperatures head towards 40 degrees.
- Angela Macdonald-Smith
COP28 deal says gas to play role in energy transition
Climate change and energy minister Chris Bowen hailed the stronger than expected COP28 outcome as a way to bolster Australia’s transition to renewable energy.
- Hans van Leeuwen
- Opinion
- Energy transition
COP28 shows weaning the world off fossil fuels is hard to do
The hard reality is coal demand will be here for decades to come. Oil and gas are no different.
- Patrick Gibbons
- Analysis
- Carbon challenge
Will COP28 fail after dropping fossil fuel pledge?
For the Albanese government, and many others, the test of success or failure at COP28 is not necessarily a fossil fuel phase-out, but simply making progress.
- Hans van Leeuwen
COP28 draft agreement drops phase-out of fossil fuels
Australia is among the countries pushing back against the UAE’s suggested deal text, saying the draft was only a “step forward” not the needed “step change”.
- Hans van Leeuwen
- Opinion
- Commodities
Time to sift through lithium wreckage
Professional investors say demand for lithium is likely to soar due to big increases in how much is used in electric vehicles.
- Mark Draper
$4b-plus GPG Australia appoints Morgan Stanley ahead of 2024 sale
The transition away from fossil fuels is only accelerating, and so too are the opportunities for owners and operators of big clean energy portfolios.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Energy transition
Energy transition needs gas, not nuclear
A rational decarbonising energy policy offers a middle path between the absolutists and the denialists.
- Craig Emerson
