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Electricity

Today

CSIRO’s annual price comparison of energy sources included transmission and storage costs in renewables calculations for the first time. They still came out on top.

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’s $750m Liddell battery will be built at the site of its old coal power station in NSW’s Hunter Valley.

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

Artist render of Vast’s proposed concentrated solar project in Port Augusta.

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
Octopus Energy founder Greg Jackson says the company is a bit like Amazon.

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
The Collector wind farm is one of only two wind farms approved in the last five years in NSW.

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
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Energy Australia managing director Mark Collette

‘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 will be gone from the grid by 2038, AEMO said.

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
Earlier this week AEMO required power generators in NSW and Queensland to provide details of any additional capacity that they could make available.

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
Victoria wants households to use induction stoves instead of gas.

Victoria to offer discounts to switch stoves from gas to electric

The Victorian government has expanded its plan to end the use of consumer gas by offering discounts for residents upgrading to electric induction cooktops.

  • Gus McCubbing

Inside the Coalition’s nuclear crusade at COP28

Opposition climate change and energy spokesman Ted O’Brien brought half a dozen Liberal and National MPs to COP28 in Dubai. What were they doing there?

  • Hans van Leeuwen
Craig Wood, CEO of Vast Renewables, at the Noor Energy 1 solar farm just outside Dubai.

Dubai’s mysterious tower powers a city. The idea is coming to Australia

In the desert outside Dubai, there’s a solution to solar’s intermittency. And it’s headed Down Under.

  • Hans van Leeuwen
Origin Energy’s Scott Perkins will live to fight another day as the company’s chairman.

The one question for every director in Origin’s $20b belly flop

From knockout deal to $20 billion failure, Origin has lessons for every director, investor and adviser.

  • Anthony Macdonald
Transmission towers near Snowy Hydro’s Tumut 3 power station. More of these will be needed when the Snowy 2.0 project is built but who will pay?

Forced land acquisitions loom to hook up Snowy 2.0 to Sydney

The slow rate of landowner sign-ups to the $5 billion HumeLink transmission project is threatening Transgrid’s timetable for a final investment decision.

  • Ben Potter
Octopus Energy has installed several branded mini wind turbines outside the COP28 venue in Dubai.

Origin’s pet Octopus makes a splash at COP28

Octopus CEO Greg Jackson was looking to make his mark at COP28 in Dubai, but he stayed mum on the takeover saga at his company’s part-owner, Origin Energy.

  • Hans van Leeuwen
Origin chairman Scott Perkins can expect plenty of shareholder scrutiny at Monday’s meeting.

Why Origin needs to dust itself off quickly to get the support it wants

Origin Energy’s board and management team needs to pivot, and quickly, to get the shareholders it wants and needs.

  • Anthony Macdonald
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November

A roadmap will be devised to ensure rooftop solar can coexist with large generators and not elbow them out of the electricity market.

Beware crude controls on rooftop solar systems

We need to be careful that a recently released “consumer energy resources road map” doesn’t lead us down a dead-end road to propping up coal.

  • Tristan Edis
Origin CEO Frank Calabria and chairman Scott Perkins will be back in front of shareholders on Monday.

Origin Energy slow march only delays the inevitable vote

The energy company’s shareholders have spun in all directions in the past week. The board needs to refocus them on Monday’s scheme meeting.

  • Anthony Macdonald
Brookfield’s Stewart Upson and EIG’s Blair Thomas.

Brookfield contemplates relisting Origin in as little as five years

The Canadian giant has told potential co-investors that it could bring the energy group back to the stock exchange in a shorter timeframe than most expected.

  • Anthony Macdonald
The number of Australian’s accessing hardship programs to pay off their energy bill is increasing sharply.

Solar upstart has an answer to AEMO’s big problem

Teho co-founders David and Jonathan Green reckon they can solve a big grid problem – there are not enough virtual power plants to help balance supply and demand.

  • Ben Potter
Origin Energy chief executive Frank Calabria and his board have only a week or so to decide their next move.

Origin Energy’s dramatic day missed one important thing

Brookfield and EIG Partners – and indeed Origin – need to work out how to turnaround some of the No votes. And quickly.

  • Anthony Macdonald