Businesses could shut as energy costs soar
Soaring energy prices will burn a hole in the pockets of Australian businesses as growing gas dominance triples the cost of wholesale electricity.
energy
Record energy spending amid global crisis
Record budget funding for landmark energy reforms is intended to steady the electricity grid and encourage investors to bankroll Australia's net zero future.
breaking_news
budgets and budgeting
economy, business and finance
energy
environmental politics
politics
Climate bill $30b in first carbon budget
Australia's first carbon budget comes with a hefty price tag for climate spending to meet national and international pledges.
Power prices tipped to rise by 50 per cent
Retail electricity prices are expected to rise by 50 per cent over the next two years, the budget papers have revealed.
Vic plan to revive public energy ownership
Almost all of Victoria's energy will come from renewable sources by 2035, and state ownership of power assets will be revived if Labor is re-elected next month.
Origin Energy upgrades outlook on gas gain
Origin Energy has upgraded its outlook as gas earnings surge amid the global supply shock, with Australian power bills set to rise into 2024.
New standards for more connected energy
New rules and technical standards for home and business energy systems are being developed as regulators catch up with consumers and technology.
Household energy bills soar by 25 per cent
Household and small business energy bills are soaring and the consumer watchdog is monitoring the industry for signs of price-gouging.
States plot grid for faster energy change
State energy ministers agree the scale of energy investment required is 'mind-boggling' but necessary to overhaul Australia's economy and cut carbon emissions.
breaking_news
economy, business and finance
energy
environmental politics
finance (general)
industrial production
politics
Carbon credits key to industrial emissions
The federal government is playing "policy whack-a-mole" as it prepares to roll out energy and climate tools, including new credits for big emitters.
AGL dismisses billionaire’s board overhaul
AGL Energy is preparing for another showdown with billionaire shareholder Mike Cannon-Brookes after largely rejecting his plan for a board renewal.
Hydrogen key to decarbonise ammonia plant
A funding injection from the Australian Renewable Energy Agency will investigate decarbonising a Brisbane ammonia plant using green hydrogen.
Telstra dials up wind power generation
Wind power in Queensland will be bankrolled by Telstra as the telecommunications giant aims to be 100 per cent powered by renewable electricity by 2025.
Queensland’s energy transition welcomed
Long-term energy targets have been welcomed as the Queensland government announced the modernisation of it's energy sector in a 10-year plan.
Qld poised as nation’s ‘clean engine room’
Australia's vital coal and gas port of Gladstone could become a global hub of clean jobs and investment, served by abundant renewable energy.
Origin exits Beetaloo for ‘cleaner’ energy
Origin Energy has sold its stake in the gas-rich Beetaloo Basin for a loss, sparking calls from Traditional Owners and environmentalists for others to leave.
Mining magnate Rinehart to expand Queensland gas
Mining magnate Gina Rinehart is partnering with South Korean steel giant POSCO to expand gas projects in Queensland in a move welcomed by local industry.
Price hikes drive record energy switch
More Australians opted to switch energy providers in June than ever before as soaring power price rises take a toll on household bills.
Climate for ‘great reallocation’: Deloitte
Without a 'great reallocation' of investment by governments and industry, starting now, Australia could be at risk of hefty economic losses by 2050.
agriculture
economy, business and finance
energy
environmental politics
financial markets
forestry and timber
metal and mineral
mining
politics
transport
waste management and pollution control
Emissions shift may reduce taxpayer burden
An array of mechanisms are in play to cut emissions, with new laws simply setting a framework for detailed climate response tools that are yet to be argued out.
Vic demands urgent plan amid gas shortage
Energy Minister Lily D'Ambrosio has called on AEMO to ensure minimal storage levels are maintained at national gas facilities amid a looming crisis.
Chalmers takes aim at petrol price gouging
The Australian Energy Market Operator has triggered the gas supply guarantee diverting gas from Queensland to NSW after shortages in Victoria.
Confidence in Aust energy system plummets
New data shows a "stunning collapse of confidence and trust" in the energy system, Energy Consumers Australia says.
Aus energy grid needs urgent upgrades
The power market operator AEMO has released a roadmap for the sector as it continues to transition to more renewable and gas energy sources.
SA company fined over power rules breach
A Federal Court judge has ordered the operator of South Australia's Tesla big battery to pay a $900,000 fine over breaches of the national electricity rules.
Qld expands grid storage with big battery
A new 400MWh battery in southeast Queensland is the latest in a series of announcements as the state government investigates more energy storage options.
Energy market suspension to be lifted
The Australian Energy Market Operator has outlined a staged approach to restoring the national energy market following its intervention last week.
‘Diabolical’ energy situation closes Enova
Enova Community Energy and its retail energy arm Enova Energy have been placed into voluntary administration, a victim of what they say is a "broken market".
Qld electricity prices won’t fund budget
Queensland Treasurer Cameron Dick says public electricity generators will use profits they've earned on the wholesale market to transition to renewable energy.
AEMO looks to end energy market suspension
The suspension of the national electricity market could end as soon as this week, under a path forward by the market operator.
Energy markets give everyone a headache
Some say Australia's National Electricity Market is broken and are demanding a whole of system review. Others believe only some timely repairs are required.