Energy markets

Welfare group to contest regulator's SA network revenue decision

by AAP
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South Australia's peak welfare group to launch legal action in a bid to cut electricity bills.

Vales Point buyer secures offtake with ERM Power

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The new buyer of Vales Point power station has secured offtake with 2nd tier retailer.

Coal power station sold for $1 million – is it the steal of the century?

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Things have been grim for NSW coal generators, so grim that the NSW government could only manage to get $1 million for a 1320 MW power station with a replacement cost of $2 billion. Yet there are signs it could be the steal of the century.

UK joins NZ in closing down all coal

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All coal power plants to be shut-down by 2025 unless fitted technology to capture emissions.

Farewell to brown coal without tears: how to shut high-emitting power stations

We know that brown coal generators are the biggest polluters but we've made little in-roads into reducing their emissions via a wide array of policy measures. Should taxpayers foot the bill to shut one of them down or should we just pick out Hazelwood and force it to shut? We propose a better market-based alternative.

Turnbull govt undermines deal to cut coal power plant subsidies

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Australia and Sth Korea secure loopholes to allow financing of inefficient coal power plants.

Gorgon will contribute to gov't coffers: Chevron

by AAP
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Chevron, accused of rorting tax system, says Gorgon LNG will contribute $350 billion in taxes.

Jemena to build NT-QLD gas pipe link

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NT Gov't announces Jemena winning bidder for pipeline, with Incitec Pivot foundation customer.

ARENA's big solar auction to beat price and volume expectations

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The auction looks set to realise major cost breakthrough in large scale solar projects in Australia, with the CEFC chief indicating prices will be comfortably below $135/MWh ARENA threshold.

Coal and power demand recovery continues

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The latest CEDEX index for power sector shows black coal continuing its recovery since the carbon price was repealed and renewables went into a review-induced investment freeze. In addition Queensland's power demand is spiking upwards while other states' demand remain flat.

IEA sees radical shifts in spite of its conservatism

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The assumptions underpinning the International Energy Agency's projections of the growth of renewable energy and the countries' follow-through on emission reductions have been criticised as unrealistically pessimistic and out-of-date. Even so they still see a radical shift in the world's energy market.

Annual fossil fuel subsidies from G20 total $452b including $5b from Australia

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Subsidies for fossil fuels continue in spite of phase out pledge, substantially exceeding assistance to renewables.

Fossil fuels are far from dead and buried

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The International Energy Agency's modelling on electricity demand suggests a more complex picture of future power production and generation.

Batteries are no threat to the grid

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Contrary to the assertions of some, electricity networks will be vital in any effort to decarbonise our power system. The issue is whether we allow the growth of solar and batteries to be driven by the value they create or their ability to shift costs onto others.

Is our power system operator predicting blackouts?

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If you believe some in the media we are apparently at imminent risk of suffering serious blackouts as a result of proliferating solar panels and wind farms. But is that what the energy market operator actually said?

Infratil eyes Aust expansion

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NZ-based group reports near 10% jump in net profit, in race for Pacific Hydro assets.

The method in environmentalists’ madness over a single pipeline and coal mine

Why are environmentalists so worked up about the Keystone pipeline that will make little difference to oil supplies and the Adani coal mine that they reckon is unfinanceable anyway?

2015: The year global coal demand fell off a cliff

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Global coal consumption fell by between 90 and 180 million tonnes in the first half of this year — the largest drop on record. A small gain in India was overwhelmed by declines across the rest of the world.

Adani mine faces another challenge

by AAP
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Indian mining giant Adani's Carmichael coal mine faces another legal challenge from green groups.

Despite closures, US nuclear capacity to increase by 2020

Despite the scheduled closure of more than 2,000 megawatts (MW) of nuclear generating capacity by 2019, scheduled additions of more than 5,000 MW between 2016 and 2020 could result in a net increase in total U.S. nuclear capacity if they proceed to completion.

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