Marion Rae

1 week ago | theenergy.co | Marion Rae

The gas industry is adjusting to a federal Labor government with a clear majority and the early signals on what it means for the sector and the broader energy policy landscape. “No one was predicting Coalition victory, just no one was predicting such a large Labor majority,” John Scales, founder of JWS Research said. “They didn’t need to do much to beat a fairly incoherent Opposition,” Scales said.

1 week ago | theenergy.co | Marion Rae

At the heart of the Queensland government's aspiration on energy generation is a simple principle – more, Treasurer and Energy Minister David Janetzki says. More fast-start gas-fired generators, coal in the grid for longer, and more renewables. “We need more supply to meet future demand and put downward pressure on power prices,” Janetzki told the Australian Energy Producers conference in Brisbane, a month out from his first budget.

1 week ago | theenergy.co | Marion Rae

The Australian Energy Regulator (AER) has tweaked the Default Market Offer (DMO) for residential and small business customers and warned price setting would only get more complicated. A lot has happened since the draft offer in March, forcing the regulator to weigh an easing inflation outlook with greater economic uncertainty, take advice from energy players and consumer advocates, and account for wholesale, network, environmental and retail costs.

1 week ago | theenergy.co | Marion Rae

The lack of a price on carbon, weak measures on supporting innovation, and underinvestment in critical infrastructure are holding Australia back on green iron. That’s the warning in the latest research from The Superpower Institute (TSI) as the nation stands on the brink of a $400 billion annual export opportunity. “The failures we outline aren’t simply theoretical - they are actively preventinginvestment decisions right now,” TSI Chair Professor Rod Sims said.

1 week ago | theenergy.co | Marion Rae

The Australian Energy Market Operator wants fresh advice on inputs and assumptions for system planning as transmission costs soar and consumer assets remain untamed. Investors, regulators and industries are working within policy settings for 43 per cent emissions reduction and 82 per cent renewables by 2030, and investment uncertainty about levels to be set for 2035 as a milestone to net zero by 2050 or before.