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
“Reprehensible:” Snowy slammed over deal to use Kosciuszko Park as a dump
Snowy Hydro to pay token sum to dump spoil in Kosciuszko National Park, in deal slammed as “reprehensible” and a $1.5 billion subsidy.
“Fundamental flaw:” Big coal generators slam Taylor’s favoured coal 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.
Small retailers welcome investigation into Snowy gas plant bidding practices
Smaller energy retailers welcome ACCC and AER investigations into potential market gaming by Snowy Hydro gas plant.
Snowy sees room for five more gas plants, says 100 pct renewables “inconceivable”
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.
Kurri Kurri costs could blow out and could run out of gas, energy experts say
Energy experts say the cost of proposed Kurri Kurri gas plant could exceed $1bn, while the potential benefits have been overblown.
Snowy CEO denies conflicts of interest over Kurri Kurri land deal
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 probe possible “market gaming” in NSW
Energy retailer asks ACCC to investigate sustained price spikes in NSW as analysts question why some gas generators remained idle as prices soared.
“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?
S&P says taxpayer handout for gas plant won’t solve Snowy’s financial pressures
Leading credit ratings agency warns Snowy Hydro still faces significant credit risk, even after $600m of taxpayer funds to build a gas plant.
