More than 40 per cent of Origin’s shareholders backed an activist resolution for the company to align its spending strategy with stronger goals to stop global warming.
CSIRO principal senior research scientist Andrew Ross will lead a team that will spend up to two years assessing if the business case for a carbon capture,use and storage hub near Darwin stacks up.
Kerry Stokes-backed Beach Energy is making its foray into the LNG market with a landmark deal to sell cargoes to British super-major BP.
The COVID-19 pandemic and rapid rise of renewable energy hammered prices across the business of one of Australia’s top power and gas suppliers.
One of Australia’s top utilities has slashed the value of its business as the influx of renewables guts electricity prices and coal power’s profits.
One of Australia’s biggest power companies has called on governments to promote smart chargers in garages to prevent EV motorists from overloading the grid.
Australia’s richlisters are backing a tiny gas company in the Northern Territory that has ambitions to redefine the energy market.
Big changes are radically reshaping Australia’s energy market and forcing big power companies to stay ahead of accelerating demands.
Origin’s profit will take a big hit after being ordered to pay vastly more for the gas it buys from Kerry Stokes-backed Beach Energy.
AGL is assessing developing huge hybrid power systems to help decarbonise some of Australia’s most emissions-intensive industrial operations.
Origin Energy says governments must explore ways to spur investment in on-demand power capacity to plug gaps as coal plants retire.