Category: News

The chief executive of the Australian Energy Market Operator has conceded there is no guarantee the country’s transition will deliver cheaper power bills.

 

 

 

The doyen of ALP energy policy, Martin Ferguson, has called for a gas-driven power station in the Latrobe Valley in a direct policy confrontation with current Energy Minister Chris Bowen.

Australia is falling behind Qatar and the US in the race to become the dominant supplier of LNG and the country’s dwindling ranking should stoke alarm bells in Canberra if it is to address the looming domestic gas supply crunch, one of the world’s largest energy companies has warned.

Mining giant Rio Tinto and its partner in the Rhodes Ridge joint venture have informed Federal environmental regulators that they would no longer push ahead with a long-awaited proposal to mine the Giles Mini deposit near Newman due to its impact on potential roosting sites for the vulnerable Ghost Bat.

Hydrogen is a wonder molecule, the lightest known on Earth… powerful enough to fly us to the moon!

The Albanese government is facing a loss of social licence for its energy transition, particularly in regional areas. A recent survey confirmed this decline, with less than half of the respondents (47 per cent) feeling positive about the renewables transition compared with the peak of 70 per cent in August 2022.

It was meant to be the last piece of the net-zero jigsaw – green hydrogen. The renewable energy plus batteries pieces were (sort of) in place. Green hydrogen, using electrolysis powered by renewable energy, would be the means whereby hard-to-decarbonise sectors could achieve net-zero emissions.