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Energy security

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

Oil prices are a key determinate of geopolitical tension, Hagai Segal says.

Red Sea oil spike is exactly what markets and central banks don’t need

Falling energy price have made the fight against inflation much easier, which in turn has boosted markets. The Red Sea attacks threaten to change that. 

  • James Thomson
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
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
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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
WA’s demand for gas is expected to outstrip supply for the next few years.

AEMO sharpens warnings on WA gas shortfall

Uncertainty around the timing of new gas developments is worsening the risk of shortages in the West Australian market, the energy market operator said.

  • Angela Macdonald-Smith

November

Chris Bowen has pulled the covers off biggest policy evolution in this space since Malcolm Turnbull made Snowy 2.0 his cornerstone climate gambit in 2017.

Bowen’s big bang energy push puts heat back on Coalition

The opposition says Labor is “writing a blank cheque” to renewables investors. But it’s yet to detail how much its own nuclear energy alternative would cost taxpayers.

  • Jacob Greber
Climate change is shifting the dial in risk for Australia’s energy grid.

Energy transition at risk from floods, heat and drought

The new Mandala-Zurich Climate Risk Index report urges greater consideration of climate mitigation in Australia’s massive transition to green energy.

  • Ronald Mizen
EIG CEO Blair Thomas in Sydney on Monday.

EIG hits out at AusSuper as Origin takeover battle fires up

The industry fund might end up owning none of the energy company’s assets it wants, should the takeover deal be rejected, says the CEO of bidder EIG.

  • Updated
  • Angela Macdonald-Smith

October

Venice Energy’s LNG import terminal is planned for the outer harbour of Adelaide.

Origin in box seat to import LNG through South Australia

The major energy retailer is in exclusive discussions for a deal committing it to use the Venice Energy import terminal for 10 years.

  • Angela Macdonald-Smith
The Dubbo region has abundant solar power capacity.

NSW pumps $128m into community benefits for first green energy zone

Funds will flow early to projects in communities impacted by new transmission and renewable energy projects, in a bid to improve local support.

  • Angela Macdonald-Smith
Victorian Energy Minister Lily D’Ambrosio discusses the energy transition challenge with Climate Change Minister Chris Bowen at the Summit in Sydney.

‘The capital is there.’ So what’s stalling the energy transition?

Problems around new transmission means Australia may fall short of its 2030 targets, but political will, capital and renewable resources remain strong drivers for the transition.

  • Angela Macdonald-Smith and Mark Ludlow
Leaving part of the Eraring power station open for two years longer could help relieve pressure on the energy grid.

NSW vows to slash emissions by 50pc by 2030

Energy Minister Penny Sharpe insists the state will hit its targets even if it strikes a deal to keep the Eraring power station open.

  • Samantha Hutchinson
 The ACCC has approved the buyout of Origin Energy.

ACCC argument to back Origin takeover is flimsy, say analysts

The regulator says although the deal is likely to reduce competition, that is outweighed by the greater benefit to the public from an accelerated energy transition.

  • Updated
  • Angela Macdonald-Smith
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Victorian Energy Minister Lily D’Ambrosio.

Japanese giants challenged to prove ‘clean’ coal to hydrogen dream

Victorian minister Lily D’Ambrosio says a multi-billion dollar Japanese push to make hydrogen from La Trobe Valley coal must prove it can catch and store carbon.

  • Elouise Fowler and Peter Ker
A parliamentary inquiry has recommended the controversial HumeLink project go ahead with overhead power lines, despite the opposition from community.

Transgrid overcooked cost of alternate HumeLink plan, residents claim

A residents group agitating for major poles and wires to be buried underground says the energy giant overstated the cost by more than 50 per cent.

  • Samantha Hutchinson
More big battery projects have got the go-ahead this year than wind or solar projects.

AEMO, CEOs in call-to-arms on clean energy build-out

The nation’s energy market operator will urge developers to exploit all available government schemes to get projects into construction, and get community backing.

  • Angela Macdonald-Smith and Mark Ludlow
Hopes are high for green hydrogen exports from Australia.

Australia’s window of opportunity narrowing for hydrogen dominance

There’s no shortage of hydrogen hype, but how realistic are expectations that Australia can become a green hydrogen superpower?

  • Ronald Mizen
Snowy’s hydro and gas power assets give it an increasing share of flexible generation in NSW.

Energy regulator warns of growing Snowy Hydro market power

The Australian Energy Regulator singled out Snowy Hydro’s growing share of the market for flexible power and underscored the importance of “open and competitive” markets.

  • Angela Macdonald-Smith