There are political and economic risks in pumping public money into new tech,but the payoffs are potentially vast for new and old industries alike.
A green energy company backed by WaterNSW plans to use an abandoned coal washery as the site for a pumped hydro scheme big enough to power a third of the city’s households.
The company’s credibility will be put to the test this month when backers have their say on its emissions plan and the future of chairman Richard Goyder.
East coast gas producers will avoid facing unprecedented orders to break export contracts and redirect supplies to Australian buyers this winter.
Australia’s largest oil and gas company is at risk of facing an investor backlash over its response to climate change at an upcoming shareholder vote.
The energy industry is warning greater co-ordination is needed to ensure new supplies are built in time for more coal-fired power plant closures.
The CEO of a major Australian power utility says clean hydrogen could replace gas in power plants within a decade,eliminating the need to go nuclear.
Australia can bid for solar cell factories,but if we lack the power to run them,the hope is forlorn.
The Kerry Stokes-backed oil and gas producer will lay off 30 per cent of its workforce and overhaul its executive leadership team in a bid turn the company around.
AGL will partner with a start-up backed by its biggest shareholder,Mike Cannon-Brookes,to assess building a first-of-its-kind solar panel factory in the NSW Upper Hunter region.
Australia’s gas and coal exporters face a tricky next five years with prices expected to keep tumbling.