When it comes to its environmental credentials,a risk-averse Minns’ government is favouring short-term fixes over long-term reform.
The only thing that upsets climate and energy ministers more than the risk of climate change is the threat of blackouts,so get used to more coal.
Origin Energy is primed to benefit as the NSW government works with the energy group to keep Australia largest coal-power station,Eraring,open beyond its 2025 closure date.
The NSW government’s “check up” of the electricity network has recommended it enter into negotiations to extend the life of Australia’s largest coal-fired power station.
Power and gas giant Origin has swung to a full-year profit of more than $1 billion as it recovers from a turbulent 12 months.
The premier has dismissed the former government’s emission reduction targets as “some media release” and concedes Labor’s own targets would be “tricky” to meet.
The owner of one of the largest coal-fired power stations in NSW may delay its closure amid concerns about the slow rollout of clean energy across the grid.
AGL is confident the bumpiest year of the green energy transition is now behind it as higher wholesale power prices help it return to profit.
Origin Energy’s suitor has told the competition regulator that a takeover offers the ASX-listed target the best option to fund its ambitious transition to green energy.
Booming sales revenue from Origin Energy’s liquefied gas venture in Queensland has taken a hit but remains sharply higher than a year ago.
Origin Energy has given the go-ahead to build the $600 million first stage of a giant battery to help replace its Eraring coal-fired power plant.