Supersizing the Supernode project


Hey Reader, in today's edition:

  • Quinbrook eyes green superpowers
  • APA doubles down on gas transmission
  • Gas turbines not so scarce

Quinbrook supersizes Supernode fleet

Investment manager Quinbrook’s ambitious plans for Queensland have morphed into a 2.75GW/19GWh slate of big batteries likely to cost $8-10 billion as it ponders who is the right “geostrategic” partner to produce polysilicon near Townsville.

David Scaysbrook, co-founder and managing partner of Quinbrook, is counting on Future Made in Australia funding for the most challenging of its proposed projects with the aim of delivering on the “green superpower” ideal.

APA Group doubles down on gas transmission

APA Group (ASX: APA) CEO Adam Watson is banking on increased energy demand from AI and data centres flowing through to gas demand as the company moves to refocus on its core gas transmission and generation businesses.

The third phase of APA’s East Coast grid expansion program involves a fresh $260 million investment to boost capacity on the north-south aspects of its pipeline network, with expected completion in 2028.

APA reckons expanding this infrastructure is a more cost-efficient option than LNG terminals, but IEEFA gas analyst Kevin Morrison said the project was not without risk. The investment decision has been made before the outcome of the government’s gas market review, under which it will require exporters to reserve between 15 and 25% of gas production for the domestic market, rather than fully export it.

Expert view

“APA making this investment is in line with what we perceive to be the best way of meeting the forecast shortfalls, given Queensland has 90% of the proven and probable gas reserves in eastern Australia.

But it does not mean that import terminals are off the table, as this will be determined by gas prices at the end of the day. So far APA has no offtake agreements for this new pipeline capacity, so this investment does carry some risks. And likewise, the import terminals have not yet secured offtake agreements. APA’s investment will surely be based on the premise the reservation policy will be implemented.

Meanwhile, the global LNG (liquid national gas) market is facing a glut for the rest of the decade as record additional volumes come onto the market, much of which is uncontracted and so could be seen as surplus and may weigh on prices. Hence we could see lower LNG prices in the Asia Pacific and make LNG imports to Australia possibly competitive to Australian gas from Queensland if LNG prices fall low enough.”

Kevin Morrison
Energy Finance Analyst, Australian Gas, IEEFA

Catch Up

Capital

Queensland vegetable grower Kalfresh has secured $80 million in funding to build its Kalfresh Bioenergy Facility, a 40ha facility where food waste and crop residues will be transformed into natural gas. The site, which is funded by Wollemi Capital and the Queensland Investment Corporation, is part of a $291 million agricultural industrial precinct at Kalbar. It will deliver 24/7 renewable energy using anaerobic digestion technology, and is the first large-scale deployment of the technology in an Australian farming region.

A joint project between La Trobe University and the Indian Institute of Technology Indore to develop thermal insulation panels from recycled PV panels has received federal government funding. The project focuses on high-value reuse of difficult components including glass and silicon wafers.

Global clean power purchase agreement volumes fell for the first time in 2025 after nearly a decade of growth, as power prices and policy risks redefined market activity. Corporations announced deals for 55.9GW of clean power in 2025, 10% down from the record set the prior year, according to BloombergNEF in its 1H 2026 Corporate Energy Market Outlook. (BloombergNEF)


Projects

Reports that new gas generation will be kept offline for years due to a looming supply crunch for gas turbines are overstated, a new Jefferies equity research note has concluded. It reports producers of the turbines are expected to increase supply by more than 80% by 2030, to more than 125GW globally. Data centres will be a key driver of demand, with behind-the-meter solutions accounting for 45GW — up 25GW compared to last year, and growing around 17% per year. (Latitude Media)

TotalEnergies H2 (TE H2) will no longer seek a Federal Court ruling that its proposed 2.7GW, 2500ha Wak Wak Solar Farm, near Humpty Doo in the Northern Territory, is unencumbered by native title. TE H2 — which had faced criticism for allegedly “bulldozing” the rights of the native Wulna people — will instead work with the Northern Land Council (NLC) to negotiate an Indigenous land use agreement. (ABC)

The federal government has invited public comment on a proposal for the Supernode North battery energy storage system (BESS) and substation, a 41ha project southwest of Townsville, Queensland that will incorporate a BESS of up to 780MW and supporting substation on a former CSIRO cropping and grazing research station. Comment is open until March 4.

The proposed 450MW Wooderson Solar Farm and BESS – located at Mount Alma, around 40km south-west of Gladstone, Queensland – has been waved through after authorities determined the project is not a controlled action under federal environmental planning laws.


Policy

The surge in installations of consumer home batteries is “a rural and regional story”, Energy Minister Chris Bowen has said during a press conference in the regional city of Bendigo, Victoria. Six times more people in Bendigo have tapped the government’s Cheaper Home Batteries Program than in Melbourne, he said, with 44% of Victoria’s applications relating to properties in rural and regional areas. The program is expected to support 2 million solar installations.

The United States has succeeded in removing climate change from the main priorities of the International Energy Agency, following a tense ministerial meeting in Paris that reflected a dramatic shift in political mood around the clean energy transition. The development, which comes after the US threatened to leave the agency if it continued to focus on climate change, is a remarkable turnaround from the last ministerial two years ago, when addressing the climate crisis and phasing out fossil fuels was named as the IEA’s top priority. At the IEA meeting, the State of Energy Innovation 2026 report was also released. (Politico) (NYT)

Adoption of consumer energy resources (CER) is severing the link between consumption and the demands a household places on the network, Rewiring Australia has argued in its submission to the AEMC pricing review. Noting that the “volumetric assumption is breaking down,” the group offered a mix modelling tool and pointed out that lower volumetric rates and progressive fixed charges can resolve customers’ tension between home comfort and household economics. Yet flat fixed charges are a blunt instrument, the submission notes, warning that mooted charges to tariff structure address cross-subsidy issues but do so "regressively.”


Technology

A team of New Zealand researchers has successfully reached a key milestone in the push to develop viable nuclear fusion, with the OpenStar Technologies team successfully floating a half-tonne superconducting magnet in a 5-metre vacuum chamber filled with plasma at over 1 million°C. CEO and founder Ratu Mataira says the prototype, which cost less than $10 million, confirms that the technique – which uses the intense magnetic force to fuse the elements of the ionised plasma gas – can be scaled to commercial size. Fusion reactors remain a stretch goal for the world’s scientific community, with dozens of companies racing to be the first to refine the technique. (MSN)

Global demand for data centre infrastructure is set to “materially exceed supply over the foreseeable future,” Goodman Group (ASX: GMG) chief executive Greg Goodman said as he revealed that 73% of the company’s 51 current projects – worth $14.4 billion all up – are data centres commissioned as the company’s clients ride the AI wave. Powering the sites is a major issue for the projects, with the company’s power bank up to 6GW globally. (AFR)


Climate

An estimated 29.35 million coral colonies would be killed due to the burning of gas from Woodside’s proposed Browse offshore gas field, the Australian Conservation Foundation has warned in citing new research that it says justifies a reconsideration request it lodged with federal environment minister Murray Watt. Woodside calls Browse, which spans three sites stretching from Broome to Karratha in WA’s north-west, “Australia’s largest untapped conventional gas resource”.


Research

A team of researchers at the RMIT University School of Science and School of Engineering has developed a new “incredibly resilient” nylon-film material that generates piezoelectricity when it is compressed – paving the way for durable, self-powered road sensors for traffic management. Previous energy-harvesting plastics have been too fragile for real-world use, but the team’s use of nylon-11 industrial plastic allows it to be used to create durable sensors. (Nature Communications).


People

BP has appointed Paul Augé as country president for Australia, adding the responsibility to his current role as senior vice president for Asia Pacific mobility, convenience and midstream.

The Electric Vehicle Council (EVC) has announced its new board of directors, with representatives from the automotive, energy, finance, charging infrastructure, technology and community sectors. Women hold the majority of board position for the first time, with CEO Julie Delvecchio supported by a board including Origin’s Chau Le, Commonwealth Bank’s Tim Burdon, AGL’s Jane Butler, JOLT’s Vicki Slavina, NRMA Energy’s Mary Ellen Payne, JET Charge’s Claire Painter, Endeavour Energy’s Vida Cheeseman, Polestar ANZ’s Scott Maynard, Tesla ANZ’s Thom Drew, and Energy Futures Foundation Director Sam McLean.

What's On

February 24
Energy Security NSW

AEMC Commissioner & Reliability Panel Chair Rainer Korte will keynote this CEDA event in Sydney also featuring ASL CEO Nevenka Codevelle, Neoen Australia Head of Development Nathan Ling, Transgrid EGM of Network Jason Krstanoski and Australian Gas InfrastructureGroup EGM Customer & Strategy Cathryn McArthur.


February 26
Energy Security Queensland

AEMC Commissioner Rainer Korte will keynote this CEDA event in Brisbane, also featuring Energy Queensland EGM Regulation, Risk and Strategy Benn Barr; Powerlink EGM, Operations Stewart Bell; APA Group Operations Executive Petrea Bradford; and CleanCo Queensland EGM Asset Operations Rimu Nelson.


February 27
National Energy Transition Research Summit

Climate Change Authority CEO Kath Rowley will speak at this ACOLA event in Canberra, alongside Net Zero Economy Authority CEO David Shankey and Australia’s Chief Scientist Tony Haymet.


March 3
Clean Energy Investor Group Conference

Victorian Energy Minister Lily D’Ambrosio will headline this Melbourne event also featuring ENGIE Australia Managing Director of Renewables and Batteries Laura Caspari, SEC Vic CEO Chris Miller, Queensland Renewable Energy Council CEO Katie-Anne Mulder, VicGrid CEO Alistair Parker, and Squadron Energy CEO Rob Wheals.


March 4-5
Energy Consumers Australia Foresighting Forum

Luis Gonzalez, Chief Data and AI Officer at Aboitz Power, Robert Gross, Director of the UK Energy Research Centre, and Harriet Thomson, Associate Director at the Glasgow Centre for Sustainable Energy will keynote this Sydney event. Industry speakers include EnergyAustralia CEO Mark Collette, Essential Energy CEO John Cleland, and Tim Jarratt, Group Executive, Market Development & Strategy, Ausgrid.


March 9
Understanding the draft reliability arrangements in the ECGS

The Australian Energy Market Commission will hold a public forum to discuss draft determinations on the implementation of a reliability standard and related reliability tools for the East Coast Gas System.


March 10
Orchestrating Consumer Energy Resources to Benefit Customers and Strengthen the Grid

AGL CEO Damien Nicks will keynote this Australian Energy Council event in Melbourne. Other speakers include AEMC Chair Anna Collyer and AEMO Executive General Manager, Policy & Corporate Affairs Violette Mouchaileh.

The Energy

The Energy is dedicated to covering the business of energy and in particular the people, capital, projects and emerging technology behind the energy transition.

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