Generators chase peaks as wholesale energy prices spike
Batteries are setting the price in the electricity market more often than a year ago but gas is the dominant price-setter as generators chase lucrative spikes.
Batteries are setting the price in the electricity market more often than a year ago but gas is the dominant price-setter as generators chase lucrative spikes.
Queensland could revert to coal central as calls grow for a power plan from the energised LNP, days out from voters heading to the polls in the Sunshine State.
Gas exploration in the Beetaloo Basin in the Northern Territory will be assessed by an independent group of scientists, amid concerns over any impact to water.
Australia's emissions could blow out by an additional 1.7 billion tonnes should coal and gas be extended, government analysis has found.
Contracting group Monadelphous, a bellwether for energy and mining activity, says labour shortages continue and warns of barriers to decarbonisation.
Oil giant Santos is juggling capital-intensive projects, including the hotly contested Narrabri field in NSW, as rising costs and lower LNG prices hit profits.
A development partnership for green hydrogen production at the Port of Brisbane could be a blueprint for refuelling facilities in the eastern states.
Gas pipeline operator APA has posted a stronger full-year profit amid an expansion and urges more domestic gas production to support an end to coal-fired power.
Electricity and gas giant Origin Energy warns Australia will need to import gas to meet domestic demand and taxpayers may have to pay to burn coal for longer.
Energy giant AGL has posted a stellar profit on higher power prices, taking the lead in the transition and dismissing nuclear as too costly and too late.
Origin Energy will invest $450 million in the Eraring big battery project as part of a plan to accelerate its renewable energy generation and storage footprint.
The more clean energy in the nation's network, the better it will be for power bills and keeping the lights on, experts say, despite a lull during a cold snap.
Australia needs more gas to fast-track the phase out of coal, explorers say, but critics warn new offshore gas exploration permits are a "climate disaster".
Another state has signed a federal renewable energy agreement, anticipating rising power demand in coming decades from new refineries and low-carbon industries.
coal
consumers
economy, business and finance
electricity production and distribution
energy
energy and resource
government
natural gas
politics
Delays for energy transmission projects over the past decade, under both major parties, are adding to power bills and making the nation's network less reliable.
An expansion of a gas project backed by billionaire Gina Rinehart has triggered fears it will lead to the destruction of hundreds of hectares of koala habitat.
coal
consumers
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
natural gas
nuclear power
politics
Renewable energy and more gas is the cheapest way to power a net-zero economy, with electricity demand tipped to double by 2050 as homes and cars go electric.
consumers
economy, business and finance
electricity production and distribution
energy
environmental issue
natural gas
politics
Many households are reducing their carbon footprint but without efficient homes or smart meters they may not be getting the best value out of clean energy.
A gas producer has been granted environmental approval to drill gas wells in the Beetaloo Basin, sparking concern from Indigenous and environmental groups.
coal
economy, business and finance
electricity production and distribution
energy
energy and resource
environmental issue
metal and mineral
natural gas
nuclear power
politics
More power storage rather than nuclear reactors or gas will be crucial for long-term energy security, the industry says, with six more sites up for development.
Costly carbon capture and storage could be the price Australia must pay for retaining emissions-intensive industrial jobs without pumping out more pollution.
The Australian government has been accused of letting gas companies get away with daylight robbery by not applying royalties on all of the nation's gas exports.
A report has found nuclear energy would be significantly more expensive than renewables but the coalition has backed in plans for the power source
consumers
economy, business and finance
electricity production and distribution
energy
natural gas
oil and gas - downstream activities
oil and gas - upstream activities
politics
The gas industry says it is misunderstood, particularly by millennials, as the rubber hits the road to net zero amid an impending gas shortfall in some regions.
Fossil fuel subsides are increasing and undermining Australia's climate efforts, a think tank says, but energy producers insist they're paying plenty of tax.
A parliamentary inquiry has ruled in favour of offshore petroleum tax changes but critics say Australians will still not get a fair return on their resources.
economy, business and finance
electricity production and distribution
energy
energy and resource
international (foreign) trade
natural gas
politics
Critics say a plan to lock in gas as a long-term source of energy and export revenue will damage the environment and blow up Australia's climate targets.
Origin Energy's revenue from liquefied natural gas on higher volumes and prices surged in the March quarter, as talks continue over keeping Eraring burning.
Renewable energy generation is lifting its overall share of a growing national electricity market and pushing wholesale prices down, according to official data.
Some of the most extreme weather Australia has ever seen is proving to be the "X-factor" for power bills as wholesale energy prices rise.
There should be enough gas supply to meet demand in the east coast market, as the government commits to working to bringing down prices further for consumers.