Electricity prices are set to rise by between 1-9pc, the energy regulator says, with NSW worst hit. Mark Butler is adamant there will be no taxpayer-funded bailout for the collapsed private hospitals operator owned by an overseas private equity firm.
The Albanese government’s intervention in the gas market in 2022 is directly responsible for Australia’s appeal for investment falling substantially in recent years, a new report says.
WA Mines and Petroleum Minister David Michael has refused to weigh in on the looming decision for the massive North West Shelf extension plan, but says the State Government backs “having more gas”.
Andrew Forrest’s Fortescue has shut down another newly opened manufacturing plant – this time in the US, as part of its broader retreat from green hydrogen.
Australia’s clean hydrogen ambitions have been dealt another blow with an ambitious $15bn green hydrogen project in the Northern Territory put on ice, underlining the challenges attracting financing and willing buyers to the renewable energy source.