Origin’s investment in an innovative customer management platform pays dividends, with Octopus Energy surging to a A$5.5 billion valuation.
Origin’s big technology play pays off, as Octopus stake surges to $1.1bn
Utilities
Your power bills could be 15% cheaper, if the energy regulator was doing its job
Evidence from takeover bids for Australia’s last two publicly listed electricity network services companies suggests consumers are paying more than they should.
“Making invisible visible:” Vector signs up with X for electricity grid moonshot
NZ signs up to “moonshot” collaboration with X, led by Audrey Zibelman, aimed at helping rapid decarbonisation of power systems.
Australia’s biggest battery given all clear after Tesla Megapack fire investigation
Regulators give all clear for Neoen and Tesla to resume commissioning of the Victorian Big Battery after identifying cause of fire and remedies.
EnergyAustralia accelerates closure of Mt Piper coal plant ahead of ministers meeting
EnergyAustralia brings forward closure date for 1,400MW Mt Piper power station, as it commits to exit coal by 2040.
Victorian EPA and three coal plants sued over failures to regulate emissions
The Victorian EPA and three coal power generators taken to court over alleged failures to regulate emissions, in key test of Victorian climate laws.
Regulator takes Tesla big battery to court for failing to properly back up broken coal plant
Regulator takes Tesla big battery at Hornsdale to court over its alleged failure to deliver promised FCAS services when the country’s biggest coal unit tripped.
AGL gets climate action lesson from angry investors and inspired teenager
A majority of AGL shareholders support motion calling for a Paris aligned business transition, as bid by teenager for board seat falls short.
Australia’s energy superpower status at risk with grid congestion reforms
If proposed reforms to prevent grid congestion go ahead, they will make Australia a bad place for investment in wind and solar.
APA Group launches rival $10 billion takeover bid for network owner AusNet
APA Group joins battle for network owner AusNet with $10bn rival takeover bid, saying a merger would accelerate Australia’s energy transition.
