Yesterday
- Opinion
- Chanticleer
AGL faces an existential crisis
Winning in the Australian energy market used to be about matching consumers to coal and gas-fired power. AGL Energy shareholders are making the painful discovery it is all about alternative technologies.
- Tony Boyd
LNG players shrug off carbon threat with $15b spend
Australia’s LNG producers are well aware of proposed carbon tariffs but still see a robust outlook for gas underpinning their large new projects.
- Angela Macdonald-Smith
This Month
CEFC backs Victorian Big Battery with $160m debt
The backing from the Clean Energy Finance Corporation will support the construction of what will be one of the world’s biggest batteries, to be built near Geelong.
- Angela Macdonald-Smith
- Exclusive
- Electricity
Clean energy impossible ‘without nuclear and gas’
Poland, the European Union’s climate laggard is on board with the ambition of carbon neutrality by 2050, but it is starting from a different place.
- Angela Macdonald-Smith
- Exclusive
- Emissions
Woodside ‘non-compliant’ on climate risk reporting
The analysis from the Environmental Defenders Office adds to the carbon risks that are piling up around the country’s biggest pure-play oil and gas producer.
- Angela Macdonald-Smith
VicGrid to oversee renewables connections
A transmission body will be set up to manage investments needed to connect wind and solar farms, state Energy Minister Lily D’Ambrosio has announced.
- Angela Macdonald-Smith
Coal power stations going broke: Schott
At the current rate of renewable energy growth, coal power stations could shut four or five years earlier than their rated lifespan, Energy Security Board chairwoman Kerry Schott says.
- Angela Macdonald-Smith
- Opinion
- Chanticleer
AGL’s plight rams home $1.7trn fundie’s climate warning
AGL shows that while the climate conversation is focused on 2050, impacts are hitting share prices today. Asset manager PGIM says investors need to act.
- James Thomson
Power giants face questions in green race
The integrated generation and retailing model of the country’s three major players has been called into question by major changes in the market.
- Angela Macdonald-Smith
CCS, offsets to be key as Shell goes for zero
Shell’s blueprint for reaching net zero emissions, with its focus on carbon capture and offsets, looks set to further ramp up climate pressures for Australian gas producers.
- Angela Macdonald-Smith
AEMO names UK grid’s Westerman as CEO
Daniel Westerman, head of renewables at National Grid plc, will replace Audrey Zibelman as the person responsible for keeping the lights on in Australia.
- Angela Macdonald-Smith
BMW buys solar aluminium as supply chains go green
The metal is produced with 560,000 megawatt hours a year of energy from the Mohammed Bin Rashid Al Maktoum Solar Park.
- Hans van Leeuwen
- Exclusive
- Gas
Gas still to play critical role in generation: WoodMac
The consultancy expects gas to hold its own alongside growing renewables in the power generation mix this decade, defying official assumptions that its role will shrink drastically.
- Angela Macdonald-Smith
- Exclusive
- Activist shareholders
Santos first target of wider fossil fuel exit campaign
Market Forces is scaling up its AGM-linked campaign to ask oil, gas and coal companies to release their plans on how to comply with the Paris climate goals.
- Angela Macdonald-Smith
Snowy CEO blasts ‘flawed’ NSW energy plan
Paul Broad is concerned NSW’s energy infrastructure plan will add costs for consumers and harm the competitiveness of the economy.
- Angela Macdonald-Smith
Australia risks $US43b of ‘stranded’ pipelines
Global Energy Monitor is warning that plans for more than $US1 trillion of oil and gas pipelines worldwide set the stage for huge amounts of stranded assets in a net zero world.
- Angela Macdonald-Smith
Macquarie spins off new vehicle to power European solar push
Cero Generation will develop, build and operate solar projects on a continent where the sector’s capacity is set to double in a decade.
- Hans van Leeuwen
How Europe aims to book a seat on Australia’s hydrogen express
The race to turn Australia into a hydrogen exporting superpower looks daunting and hurdle-strewn, but there’s zeal everywhere - especially in Europe.
- Hans van Leeuwen
COVID-19 spike hits Worley’s first-half profits
Worley’s shares sent tumbling as it warns of a first-half profit hit as big oil and gas customers further defer projects.
- Updated
- Jenny Wiggins
January
Woodside caught in S&P’s climate crackdown
Woodside may have its prized credit rating cut because of heightened risks across the oil and gas industry, including in the transition to low-carbon fuels, Standard & Poor’s says.
- Angela Macdonald-Smith
