Australia

Global energy crisis speeds up decline of Australia’s coal export

The record high prices of coal and gas will drive the market towards cheaper energy sources.

EnergyCo awards A$9.45m funding to pumped hydro project

It will fund the targeted geotechnical due diligence programme, amongst others.

Australian energy crisis gives rise to new gas supply need

Energy prices rose 400% up to AU$40 per gigajoule. 

ACEN unit bags AU$100m loan for RE project

This forms part of its 20GW target by 2030. 

AGL underlying profit down 58% YoY in FY2022

A drop in trading and origination electricity earnings contributed to this.

Australia’s energy industry posts 16.7% MoM turnover growth in June

It has the largest percentage growth for two consecutive months.

AGL expands green hydrogen study in Hunter Energy hub

Fortescue Future Industries will provide green hydrogen for the project.

Australia to provide funding for hybrid solar, heat pump system demonstration

This will be used at a commercial poultry broiler facility.

Neoen, Flow Power ink 40MW PPA for wind farm in Australia

Goyder South Stage 1 wind farm is expected to operate in 2024.

Neoen, Flow Power ink 40MW PPA for wind farm in Australia

Goyder South Stage 1 wind farm is expected to operate in 2024.

AGL invests $27.7m to upgrade Clover hydro power station

This will add 14MW to the output capacity of the Kiewa Hydro Scheme

ARENA mandate expanded to cover energy efficiency, electrification

Energy efficiency and electrification will help in emissions reduction.