Today
Beach shares plummet as new gas field reserves slashed
The downgrade of the size of the Enterprise gas field in Victoria has shaken the market, with analysts worried about other new projects.
- 56 mins ago
- Angela Macdonald-Smith
Shell, PetroChina to expand massive Surat coal seam gas project
The investment, expected to cost billions of dollars, will supply export customers and the domestic market, where regulators have warned of looming shortages.
- Angela Macdonald-Smith
Yesterday
Project blowout worries cast shadow over energy profits season
Even oil and gas producers regarded as a relatively safe bet on earnings may yield some unpleasant surprises, analysts say. A higher global gas price may help.
- Angela Macdonald-Smith
This Month
- Exclusive
- Energy security
Vales Point coal plant owner eyes gas plant, batteries
Delta joins Squadron Energy and others in studying potential investments in new gas power plants to support the transitioning electricity system.
- 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
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
- Exclusive
- Energy security
Humelink budget trimmed but cost worries persist
The energy regulator has disallowed about $314 million of costs to build the contentious transmission line from Transgrid’s original proposal.
- Angela Macdonald-Smith
July
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
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
Energy CEOs urge industry not to quit hydrogen dream
Australian businesses need to be smarter and work harder to overcome the cost hurdles in hydrogen, which has a strong future in some industries, CEOs insist.
- Angela Macdonald-Smith
Green hydrogen too ‘expensive and inefficient’: Finkel
Former chief scientist Alan Finkel – who devised Australia’s first clean hydrogen strategy – now says we are “unlikely to use hydrogen for storage of electricity”.
- Angela Macdonald-Smith, Peter Ker and Jessica Sier
LNG export purse crunched 25pc as prices drop
Australia’s LNG revenue fell in 2023-24 despite flat export volumes, with Santos’ sales broadly reflecting the wider picture as prices softened.
- Angela Macdonald-Smith
The Sydney-born solution to NYC’s paragon of inefficiency
Architect Ben Berwick’s modular glazing system for saving energy costs is more than window dressing.
- Matthew Drummond
Nuclear awakening ‘a decade or two late’, says AER
Clare Savage said it would take 25 years to put the political and regulatory frameworks in place for nuclear power – much longer than the Coalition says.
- Angela Macdonald-Smith
AEMO chief warns no chance of nuclear replacing ageing coal plants
Daniel Westerman, who runs the energy market operator, said gas generation would remain the “ultimate backstop” as fossil fuels exit the electricity grid.
- Angela Macdonald-Smith
Snowy Hydro pushes gas power ambitions with major storage deal
The 25-year contract will underpin the expansion of the Iona project, and underscores expectations the fuel will remain part of the energy mix past 2050.
- Angela Macdonald-Smith
Gas bill rises hit households despite east coast price caps
Increases of up to 11 per cent from the biggest retailers will saddle families with steeper energy costs despite a mandated pause in electricity tariff rises.
- Angela Macdonald-Smith
- Exclusive
- Mergers & acquisitions
Brookfield to sell Neoen assets in Vic to seal ACCC tick
The Canadian giant is in early talks to sell the 2.8-gigawatt portfolio of proposed wind and storage projects even ahead of the result of the ACCC inquiry.
- Angela Macdonald-Smith
Transmission ‘will get easier’ after EnergyConnect: Transgrid CEO
Brett Redman’s comments come as speculation mounts Transgrid will need to bring other contractors in to complete the delayed $2.3 billion transmission project.
- Updated
- Angela Macdonald-Smith
Coal power on comeback trail as wind, solar falter
Electricity generation from coal has surged for the first time in nine years, wrecking emissions cuts and hammering home the disarray of Australia’s energy transition.
- Angela Macdonald-Smith
