Latest
AGL seeks wind project partners, sells telco arm to Aussie Broadband
AGL chief executive Damien Nicks said the group was tightening its focus on its capital management after posting a better-than-forecast first-half profit.
Origin Energy has power business humming, shares surge
The electricity and gas retailer jumped as much as 8.1 per cent despite the company reporting a 45 per cent drop in net profit to $557 million for the first half.
KKR deal ‘validates HMC’s transition strategy’: Di Pilla
HMC chief executive David Di Pilla said a $603 million commitment from KKR means the energy transition fund won’t need more equity for two to three years.
Octopus strikes deals for $3.3b battery outlay
The acquisition of projects Queensland includes one set to be the country’s biggest battery, as NSW kicks off its largest rollout of big batteries.
Home batteries smash records, but households miss out on extra dollars
Many Australians are not getting the full value of their solar and storage because they are not confident about signing up to virtual power plant programs.
This Month
CEFC, River Capital take punt on huge Tiwi carbon project
The government’s green bank and the Melbourne-based investor are tipping in $81 million to help fund one of the country’s biggest nature-based carbon projects.
Investors in Qld renewables rattled by government policy shift to gas
Clean energy investors in Queensland have been shaken by the government’s retreat from a wind project and by a move to pause approvals for two big batteries.
January
‘Landmark moment’: Record renewables drive down cost of power
Renewables and batteries met more than half of power demand in the national market for the first time over the December quarter, driving down wholesale prices.
Victoria sets August date for revived offshore wind auction
Bids will be invited for 2 gigawatts of offshore wind capacity in a process that had been indefinitely delayed last year.
LNG importers cling to ambitions despite gas reservation scheme
Imported gas will still be needed in the south-east, even with a gas reserve, the ventures argue, rejecting suggestions that their projects are now redundant.
Canavan brother’s Mayfair takes stake in Queensland coal power plant
A private resources company led by the brother of former resources minister Matt Canavan has taken an interest in Queensland’s biggest power generator.
Turbine giant Vestas bullish about prospects for wind-farm renaissance
A string of approvals and final investment decisions after a year-long pause in new projects has the industry more optimistic about meeting government targets.
These 20 projects will make or break the renewable energy transition
Delays, community backlash and soaring costs have made the move away from fossil fuels slower and more expensive. But this year could be a turning point.
Woodside’s ammonia plans face uncertain future under new leadership
Analysts and investors are querying whether Woodside’s $7.5 billion push into new energy, spearheaded by low-carbon ammonia, will remain a priority under new CEO.
December 2025
Billions in wind farm commitments finally get sluggish pipeline moving
A string of commitments over the last week will lead to projects that can power 400,000 homes getting off the ground. But big challenges remain, industry says.
Manufacturers hail scheme to reserve east coast gas
Queensland LNG exporters will have to set aside 15 to 25 per cent of production for domestic customers under a program to be designed in detail next year.
Trump’s green energy snub pushes global coal demand to record
The International Energy Agency also warned of signs of financial stress among some Australian thermal coal producers, squeezed between soft prices and rising costs.
Nuclear, offshore wind still more costly by 2050: CSIRO
Relying on solar power and onshore wind for new generation should provide the lowest-cost mix of technologies for 2030 and 2050, the science agency has found.
New Karoon boss says ‘no scenario’ where need for oil and gas ends
Carri Lockhart has given up most of her board seats to lead the Brazil-focused, ASX-listed oil producer and is confident in a long future for fossil fuels.
Loy Yang B coal set for long future after $6.5b Alinta sale
Singapore’s Sembcorp has given every indication the brown coal plant will run for many years, even as it fast-tracks Alinta’s renewables’ growth.
Coal-fired power until 2049 as energy grid costs rise to $128b
Coal power is now expected to linger in the National Electricity Market until 2049 in the latest blueprint for the power grid.
Rio and BHP slash billions from green projects, sparking outrage
The big miners will now spend as little as $2.2 billion, rather than $17.3 billion, on decarbonisation projects this decade.
Chevron, Gorgon partners give green light for $3b gas investment
The project will involve the development of two new offshore gas fields, the first major investment in the Gorgon LNG venture for more than four years.
Renewables go-slow shatters hopes for lower power prices
Households are likely to face higher power bills over the next 10 years because the pace of the clean energy build-out is too slow.
APA revs up gas power ambitions with $1b commitment
A new Queensland venture with a state-owned generator could be a model for the pipeline owner’s further investments in gas-based electricity, its CEO says.
