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Gas-fuelled energy ambitions a 'risk to taxpayers and renewables', experts warn

Gas-fuelled energy ambitions a 'risk to taxpayers and renewables', experts warn

There will be no demand in the grid for a new gas plant, experts say, warning it could damage investment in batteries and other clean technology.

  • by Mike Foley and Nick Toscano

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NSW to get a new big battery as renewable power surges
Renewables

NSW to get a new big battery as renewable power surges

A battery worth $62 million is being installed in western Sydney as governments work with industry to help stabilise the grid as the share of renewables grows.

  • by Mike Foley
Woodside to 'upsize' Scarborough gas plan as COVID-19 pummels prices
Woodside Petroleum

Woodside to 'upsize' Scarborough gas plan as COVID-19 pummels prices

Woodside has suffered sharp fall in revenue as the full extent of the virus-triggered oil price crash flows through to sales of LNG.

  • by Nick Toscano
Origin Energy faces heat over Northern Territory gas drilling plans
Origin Energy

Origin Energy faces heat over Northern Territory gas drilling plans

Origin Energy has come under intense questioning over its plans to increase fossil fuel production by fracking the Northern Territory's Beetaloo Basin.

  • by Nick Toscano
Coal plant grant funded before key report finalised or published
Electricity

Coal plant grant funded before key report finalised or published

A report relied on to approve a $3.6 million grant for a pre-feasibility study into a coal-fired power station in north Queensland has not been finalised or published.

  • by Mike Foley
The world's leading energy adviser has turned a shade green
Paris Agreement

The world's leading energy adviser has turned a shade green

This year, for the first time, the International Energy Agency has indicated how the daily habits of the world's population might help fight climate change.

  • by Nick O'Malley
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Global emissions fall faster than at any time on record as COVID-19 hits economies
Coronavirus pandemic

Global emissions fall faster than at any time on record as COVID-19 hits economies

The carbon pollution drop in the first half of 2020 has been steeper than during the global financial crisis, Great Depression of the 1930s and the 1979 oil crisis, according to international researchers.

  • by Peter Hannam
Old king coal has surrendered to solar, says global power report
Paris Agreement

Old king coal has surrendered to solar, says global power report

For the first time since the industrial revolution, coal-fired power will constitute less than 20 per cent of the world's energy by 2040, according to the annual report by the International Energy Agency.

  • by Nick O'Malley
Higher power prices a risk under government gas plan, expert warns
Angus Taylor

Higher power prices a risk under government gas plan, expert warns

Electricity prices will rise and private investment in energy projects will fall if the federal government delivers its plan to support private gas projects, a Senate inquiry has heard.

  • by Mike Foley and Nick Toscano
$1 billion pumped hydro scheme would open up NSW grid, backers say
Renewables

$1 billion pumped hydro scheme would open up NSW grid, backers say

A proposed pumped-hydro scheme supported by the state government would support the integration of $2 billion in new solar and wind farms in the north of the state.

  • by Peter Hannam
A net zero target would unlock investments worth billions, study finds
Climate policy

A net zero target would unlock investments worth billions, study finds

Australia stands to miss out on investments worth many billions of dollars and the opportunity to generate millions of jobs if it fails to adopt emissions reduction targets in line with the Paris climate accord.

  • by Peter Hannam