Gas and coal producers are profiting from the “scarcity” created by the Callide explosion and the early winter sunsets. Will Angus Taylor claim responsibility?
Markets
We will need more wind than solar for 100 pct renewables, and lots of storage
Here’s some new scenarios for 100 per cent renewables. We will need more wind than solar, but gas won’t be needed if we have green hydrogen.
Former PM Turnbull backs 5B’s modular solar expansion
Former PM joins the rush to clean energy, investing in a new funding round to back innovative solar business 5B.
Infigen no more: Iberdrola completes branding overhaul after takeover
Infigen Energy completes rebrand to become Iberdrola Australia, as it readies for a fresh Australian expansion push.
Elliott Green Power looking for buyers for $600m Australian solar portfolio
Elliot Green Power is latest solar investor looking to exit Australia, bringing in advisers to find a buyer for its $600 million portfolio.
Energy retail upstart Amber gains new funds and customer base in CBA deal
CBA-led investment round sweetened with deal that will see Amber offer its energy products to the bank’s substantial customer base.
“It’s a disgrace:” Snowy Hydro to use government subsidy for market dominance
Taxpayer funded Kurri Kurri gas plant will help give Snowy Hydro dominance of the NSW, Victoria and South Australia markets. But will it protect it from battery storage?
“Only tougher market is the Moon:” Australia’s big battery connection problem
Battery storage is proving difficult for many developers in Australia, so much so that some are saying the only tougher market is the Moon.
Wind and solar will keep electricity market prices low, but headwinds grow for gas
Renewable energy zones will unlock wind and solar and bring prices down, but gas faces challenges from more flexible coal and more renewables.
“Urgent action needed now”: More than 100 companies demand more renewables
More than 100 Australian companies have issued a joint call to governments to ramp up spending on renewables.
