Hey Reader, welcome to The Energy. In today's edition: Energy retailers face new consumer protections TransGrid CEO sees light at tunnel’s end $8.7b annual extreme weather bill by 2050 End of the retailer market? The Australian Energy Market Commission (AEMC) released final rules on consumer protection, responding to requests submitted by Energy Ministers in August 2024, designed to: Limit price increases to once yearly, providing greater certainty for households and businesses Remove unfair...
4 days ago • 8 min read
Hey Reader, welcome to The Energy. In today's edition: AEMO Services firms as NEM ‘central entity’ Opportunity on the grid-edge Bagging the low-hanging fruit AEMO Services in box seat for Nelson ‘central entity’ nod The head of the panel reviewing the National Electricity Market says a business unit of the Australian Energy Market Operator is in the box seat to fulfil a “central entity” contracting role the panel is considering as a key reform to support investment in new generation. Tim...
5 days ago • 9 min read
Hey Reader, welcome to The Energy's weekly data newsletter. This week we dive deeper into the latest data on global energy investment from the International Energy Agency. Should LNG producers be this bullish? Confidence in the future of LNG exports from Australia is palpable — in the industry that produces the commodity at least. The Abu Dhabi National Oil Company’s $30 billion consortium bid for Santos, and Woodside Energy’s pursuit of a 40 year extension of its North West Shelf LNG...
6 days ago • 4 min read
Hey Reader, welcome to The Energy. In today's edition: Abu Dhabi state oil company rolls dice for Santos Green taxonomy surfaces Solar for apartments group raises £5m Interest in Santos flares as Abu Dhabi state oil co rolls dice Abu Dhabi National Oil Company (ADNOC) has booked itself an examination by the Foreign Investment Review and other regulators after agreeing a $30 billion takeover deal with Santos, Australia’s second largest oil and gas company. The deal shows the confidence of...
7 days ago • 6 min read
Hey Reader, welcome to The Energy. In today's edition: Solar farms to power Amazon's data centre plunge Woodside sweats on North West Shelf conditions Energy security boost for NZ Making data centres even greater, again The largest private sector technology investment in the nation’s history should focus energy planners on future demand. Prime Minister Anthony Albanese joined Amazon Web Services (AWS) CEO Matt Garman in Seattle to welcome the A$20 billion investment to expand, operate and...
8 days ago • 9 min read
Hey Reader, welcome to The Energy. In today's edition: Who will pay for stranded gas networks? Laying a foundation for COP30 Queensland's biofuels inquiry Evaporating pool for gas network costs Proposed rule changes could require gas distribution networks in danger of being “stranded” to charge new and departing customers the full cost of connecting and disconnecting, so as not to impose too high a burden on remaining customers. The process opened by the Australian Energy Market Commission...
11 days ago • 8 min read
Hey Reader, welcome to The Energy. In today's edition: AEMO unit may be at heart of new NEM investment prop Brickbats and bouquets for NSW batteries twist Yallourn limps to finish line Mission Possible for Nelson Review A central contracting entity, as the linchpin of a more transparent and efficient market, could replace opaque federal and state schemes struggling to support investment in NEM generation today. The AEMO Services unit of the Australian Energy Market Operator, which already...
12 days ago • 7 min read
Hey Reader, welcome to The Energy's weekly data newsletter. This week we dive deeper into the latest data on global energy investment from the International Energy Agency. Good and bad news in clean energy In good news for all bar the LinkedIn warriors still second guessing the clean energy transition, global investment in clean energy is outstripping traditional fossil fuels by a widening margin, led by China’s solar and battery boom. But in bad news for everyone – whether they recognise it...
13 days ago • 5 min read
Hey Reader, welcome to The Energy. In today's edition: Janetzki tips $1.4b into Townsville-Mt Isa powerline Craig Memery on solving the energy trilemma No sale of Tassie state-owned energy businesses: Rockliff CopperString 3.0 takes shape Queensland Treasurer and Energy Minister David Janetzki flagged a $1.4 billion increase in the state budget for the transformational CopperString transmission project, taking the commitment to $2.4 billion over four years. Janetzki said prioritising the...
14 days ago • 8 min read