Evidence from takeover bids for Australia’s last two publicly listed electricity network services companies suggests consumers are paying more than they should.
Regardless of whether Morrison and Joyce can come to a deal, investors are already shifting trillions of dollars in preparation for net zero.
Pool prices are consistently below zero in the middle of the day, a strong signal for battery storage, and for coal generators to learn to dance.
There are many options to manage the energy transition that don’t involve capacity payments.
APA Group joins battle for network owner AusNet with $10bn rival takeover bid, saying a merger would accelerate Australia’s energy transition.
Brookfield launches $9.6 billion takeover bid for AusNet, meaning most of Australia’s privately owned networks could be about to change hands.
Australia’s go slow on climate means it faces one of the steepest decarbonisation challenges, but doing so will leave consumers better off.
BHP board backs shareholder push to review membership of industry groups opposed to climate action – but will it change anything?
Surging prices in voluntary market means that carbon abatement projects are now likely to be funded by companies rather than the government.
Coal will struggle to remain economically viable beyond 2030. Companies with a heavy exposure, like AGL, need to act quickly to survive.