Gas generation declined again in the first half of 2021, including in NSW where renewables now supply 17 times more electricity than gas.
Snowy Hydro to pay token sum to dump spoil in Kosciuszko National Park, in deal slammed as “reprehensible” and a $1.5 billion subsidy.
Angus Taylor preferred coal subsidy has been rubbished by most of Australia’s biggest coal generators, who say it will stop investment in new technologies.
Smaller energy retailers welcome ACCC and AER investigations into potential market gaming by Snowy Hydro gas plant.
Snowy Hydro says taxpayer funds for Kurri Kurri not a subsidy, but Alinta says no private investor could build a similar plant without government support.
Energy experts say the cost of proposed Kurri Kurri gas plant could exceed $1bn, while the potential benefits have been overblown.
Snowy Hydro CEO dismisses suggestions of conflicts of interest over Kurri Kurri land deal in a combative senate estimates hearing.
Energy retailer asks ACCC to investigate sustained price spikes in NSW as analysts question why some gas generators remained idle as prices soared.
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?
Leading credit ratings agency warns Snowy Hydro still faces significant credit risk, even after $600m of taxpayer funds to build a gas plant.