Today
Ex CSIRO boss would pick different ‘winners’ in $1b quantum push
Larry Marshall, former CEO of CSIRO, says taxpayer money should be targeted at points in the quantum computing supply chain, not the finished product.
- 1 hr ago
- Liam Walsh
Origin reaps $420m Octopus gain as Aware Super climbs on board
The UK energy disruptor has upped its valuation by 15pc, in a transaction that brought in Aware and raised the value of Origin’s stake beyond $2 billion.
- Hans van Leeuwen
Yesterday
CEO hails progress as AGL ups guidance again
The energy giant backed by software billionaire Mike Cannon-Brookes bumped the lower bound of its full-year guidance up by $80 million.
- Updated
- Ben Potter and Jemima Whyte
Qantas must atone for all old baggage
Readers’ letters on the Qantas settlement; franking credits for retirees; the Coalition push for nuclear power; and Israel’s closure of Al Jazeera.
- Exclusive
- Nuclear energy
‘A big risk’: Voters wary of nuclear replacing coal-fired power
Voters in Victoria’s Latrobe Valley have raised the spectres of Chernobyl and Fukushima when asked about Opposition Leader Peter Dutton’s plan to build large-scale reactors in their community.
- Tom McIlroy
This Month
‘True energy impact’: Di Pilla defies gloom, appoints Gillard to $2b fund
The ASX-listed HMC Capital is banking on plenty of investor interest to defy a gloomy market outlook on the transition to clean energy for its latest vehicle.
- Ben Potter
Europe’s No.1 renewable energy producer shops 1.7GW Aussie pipeline
The portfolio was previously owned by Span’s Elecnor Group, which Statkraft acquired at a €1.8 billion enterprise valuation in November.
- Sarah Thompson, Kanika Sood and Emma Rapaport
CDPQ, IFM, AusSuper eye $1.6b Neoen stake, but GPG debacle looms large
The French renewables group is working with Bank of America to sell a 30 per cent stake in its large local portfolio of assets to accelerate expansion.
- Sarah Thompson, Kanika Sood and Emma Rapaport
What Charles Dickens can teach you about utes
The English author mapped out the lobbying tactics of the legacy car makers against vehicle emissions standards 170 years ago.
- Tristan Edis
Offshore Gippsland licences to unlock $100b of generation
The winners of a dozen offshore wind licences are preparing for offtake auctions that seek to harness world-class resources.
- Ben Potter
April
New gas supplies ‘needed’ says Bowen as Gippsland wind takes off
Energy Minister Chris Bowen believes Australia has no option but to seek new supplies of gas even as he green-lights six potential offshore Gippsland wind projects.
- Jacob Greber
ASIC sues Magnis Energy over ‘parlous’ battery factory
The regulator is suing Magnis Energy and chairman Frank Poullas in Federal Court for misleading investors over the “parlous state” of its battery factory.
- Ronald Mizen
- Exclusive
- Electricity
Former Labor leader to chair Victoria’s SEC
Simon Corbell, a former ACT deputy chief minister, will chair Victoria’s revised State Electricity Commission, after its advisory board was disbanded.
- Ben Potter and Patrick Durkin
Macquarie-backed renewables developer shops NSW solar farm
Up for grabs is a 143-megawatt peak ready-to-build solar and energy storage project in the Riverina region.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Green fuels are not the future – they’re just about here
Porsche-backed HIF Global wants to build a plant in Tasmania. Others are eyeing Townsville. But they need the government to push customers their way.
- Angela Macdonald-Smith
Solar pioneer raises $51m to make the sun shine after dark
A big oil player has pumped millions into an Australian solar upstart that uses giant mirrors, special PV cells and water dams to extend its operating hours.
- Peter Ker
Japan’s Shizen Energy seeks equity backer for Aussie solar play
Make room on the renewables circuit for a new Japanese player, Shizen Energy Group, which has put the feelers out for an equity backer for its first Aussie play.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Fortescue slams Biden administration’s green hydrogen tax rules
The Andrew Forrest-chaired iron ore major has ambitious plans to become a force in renewable energy. But proposed US rules would stifle growth, it warns.
- Updated
- Peter Ker
Booming AI demand threatens electricity supply
Regulators are scrambling to factor the explosive growth of data centres into demand projections as one network warns of a 250 per cent surge in power needs.
- Ben Potter
- Opinion
- Carbon challenge
New Malthusians are wrong: a rich world will need less energy
We will need to generate only half the energy we do now to replace today’s electricity use, lift the global South, and feed all those data centres. So rejoice.
- Ambrose Evans-Pritchard
