Hey Reader, in today's edition: Panic buying sets in The case for home battery subsidies Portable 'AI factories' Fuel supply fears continue to spook markets Oil and gas markets are suffering from a "bullwhip effect", with traders continuing to speculate that continued panic buying will propel key benchmark prices higher, making it harder for supplies to keep up with demand, according to supply chain experts. Climate Change and Energy Minister Chris Bowen told 7.30 Australia's total reserve...
2 days ago • 9 min read
Hey Reader, in today's edition: ACCC-AER split questions Fuel supply crisis escalates Stronger ring-fencing requested Taylor’s legacy hangs over AER-ACCC split The so-called ‘big stick’ legislation introduced by opposition leader Angus Taylor when he was energy minister last decade has never been used in anger. A departmental review of the law last year found little or no evidence its powers had had any effect on competition or consumer prices but concluded that they might have done so and...
3 days ago • 9 min read
Hey Reader, welcome to The Energy Week, your chance to catch up on this week's most important energy news. Prefer to listen? Get The Energy Week on your favourite podcast platform. THE ENERGY WEEK • EPISODE 22 Energy crisis hits home 06:20 MORE INFO This week's top energy news The global energy crisis sparked by the Iran war hit home this week in the form of a national fuel crisis that threatens to drive up interest rates and emissions. Capital Following the IEA’s “unprecedented” decision to...
5 days ago • 8 min read
Hey Reader, in today's edition: Iran crisis fears hit Australia Citipower defends EV charging play Gorgon gas share changes hands It's a national energy crisis Climate Change and Energy Minister Chris Bowen and Prime Minister Anthony Albanese were cajoled into admitting that Australia had entered a national energy crisis in parliament question time on Wednesday. The admission came after three more vessels were attacked in the Strait of Hormuz, which Iran is blockading and reportedly laying...
6 days ago • 11 min read
Hey Reader, in today's edition: New data centre grid standards mooted Victorian Default Offer lands Three oil crisis scenarios New grid access standards on the cards for data centres Under a proposed rule change responding to the unprecedented growth in data centres connecting to the grid, large inverter-based loads would be forced to adhere to new grid-access standards. The Australian Energy Market Commission has gone further than outlined in an initial consultation paper ahead of its draft...
7 days ago • 11 min read
Hey Reader, welcome to The Energy's weekly data newsletter. Before we get into it, we'd really appreciate your feedback via our short reader survey. It will help us continue to deliver more of what you need. Rapid rise The Australian Competition and Consumer Commission says changes in Singapore’s benchmark price for wholesale petrol bound for Australia “can take around 2 weeks to work their way through the supply chain in Australian cities” and longer in regional areas. So why did prices jump...
8 days ago • 6 min read
Hey Reader, in today's edition: Energy crisis distracts California hopeful Call for consumer pricing reset Bowen sidesteps energy policy questions Climate Action Week kicked off in Sydney yesterday morning amid a now-familiar geopolitical backdrop — a global energy crisis that threatens to distract and derail progress on climate and the energy transition. Fronting reporters before his ministerial address, Climate Change and Energy Minister Chris Bowen downplayed frenzied questions about...
9 days ago • 8 min read
Hey Reader, in today's edition: Data centres without coal Big battery limits explained Oil risk to global growth Green data hubs or digital smelters? AI expert and energy company executive Luis Gonzalez sees a future where energy equals intelligence, but if Australia is to be an AI hub without coal, our policy settings need to change. Data centres in Australia could become “digital smelters” concentrated in Sydney and Melbourne pushing wholesale energy prices up by 26 per cent, or, if...
10 days ago • 7 min read
Hey Reader, welcome to The Energy Week, your chance to catch up on this week's most important energy news. Prefer to listen? Get The Energy Week on your favourite podcast platform. THE ENERGY WEEK • EPISODE 21 War energy 06:35 MORE INFO This week's top energy news A week into the Middle East war, spiking oil and LNG prices have markets and governments spooked. Capital Oil prices reached highs not seen since 2022 and European and Asian LNG prices soared as drone strikes impacted infrastructure...
12 days ago • 8 min read