This Month
BlackRock-backed Akaysha Energy powers up for buyer search
Akaysha’s big ambitions have required big-ticket spending, with the company raising hundreds of millions in debt to finance construction of its batteries.
Batteries, coal push out East Coast gas shortage to 2029
Delays in coal power station closures and a wave of battery storage projects have cut expected demand for gas, helping ease the imminent threat of a shortfall.
Snowy suffers fresh pain over Kurri Kurri project delays and costs
S&P Ratings has warned that the cost blowouts at the project and at Snowy 2.0 mean the company will need more financial support from the federal government.
Smelters v software: The high-voltage battle for votes and dollars
Would it be better to free up electricity from smelters to invest elsewhere? Or can we have both?
Multibillion-dollar cost blowouts prompt calls for grid rethink
Consumers will be on the hook for higher power bills unless changes are made to the way big network projects are designed and approved.
Power prices ‘to fall 10pc’ – but customer pain to stay
Households in NSW, SA and south-east Queensland should get a cut in bills on July 1, but that could be derailed by the turmoil in global energy markets.
LNG markets could face year-long turmoil after strike on Qatar facility
The missile attack on the plant could disrupt global supply for more than a year, as analysts tear up forecasts from earlier this year of a slump in prices.
The $300m power play: Inside the plan to save Tomago
The Albanese government says its plan to save a failing aluminium smelter will turbocharge Australia’s energy transition. But at what cost?
Why we won’t leave home without the EcoFlow Delta 3 Max Plus
The only question we have about EcoFlow’s new portable power station is this: is one of them enough?
‘Too east-coast focused’: WA could overhaul AEMO’s role
Western Australia has quietly launched a review of the state’s power grid operator, which could result in some of its independent functions being reined in.
Power prices improve but experts warn it’s not likely to last
Average household electricity bills are set to drop 3 per cent on July 1 under a draft ruling, but the end of the federal energy bill subsidy means spending on power will still rise.
Labor models changes to home battery rebate in cost-cutting push
If implemented, it would be the second tweak in six months as the government casts a wide net in its search for ways to cut spending before the May budget.
Darwin’s massive LNG ventures to fall under Labor’s gas reservation
Ichthys LNG’s Japanese backers moved the project to the Northern Territory almost two decades ago to escape a similar scheme that captures supply for local use.
February
EnergyAustralia plans retail revamp after competition dents profit
The CLP-owned energy group has pledged to modernise the technology in its retail business, after losing 83,000 customers in 2025 amid intense competition.
KKR squares up for a fight at Ausgrid’s $3b smart meters biz
As of Wednesday, KKR was among the suitors most advanced in its preparations for a possible Plus Es sale.
Waratah Super Battery faces longer delay in test for NSW grid
NSW’s flagship energy storage project won’t be fully online until late this year, eating into payments due to BlackRock-owned Akaysha Energy.
EV subsidies drive rare drop in transport emissions
Increasing electric vehicle ownership has helped cut annual transport emissions for the first time since the pandemic.
APA’s $480m gas grid splurge questioned ahead of government reforms
The pipeline owner is ploughing ahead with plans to boost capacity on its east coast gas grid, even though new gas market rules are yet to be nailed down.
$1b Transgrid blowout bill could be painful price of transition
Consumers will turn against the energy transition if they keep getting loaded up with billions of dollars of extra costs, experts warn.
Grid owner wants consumers to wear $1.1b cost blowout
Households and businesses would pay for three-quarters of a huge cost overrun at the EnergyConnect cable under a plan by NSW’s high-voltage grid owner.
