Indian-backed miner Griffin Coal could have controllers appointed within weeks after receiving a default notice from a major power generator, as their dispute escalates.
Origin Energy will book impairments of $1.2 billion after tax, joining other energy majors that have cut the value of their assets after a coronavirus-induced drop in oil and gas prices.
The board of wind farm operator Infigen Energy are recommending that shareholders accept an $864 million takeover offer from Spanish utility Iberdrola.
Synergy has lost a Supreme Court judgement this week which will require it to pay the owners of the Newgen Power Kwinana power station for periods when the gas plant was ready on standby to supply the grid.
Moving to a flexible price for rooftop solar output will help alleviate pressure on the grid from increasing uptake of the panels, according to a new report, and could be used instead of subsidy schemes currently proposed.
Peak electricity demand is forecast to fall in Western Australia across the next 10 years for the first time, according to the Australian Energy Market Operator.
Perth-based Horizon Power is purchasing gas from Shell to use in some of its power systems across regional Australia under a two-year supply agreement.
Water Corporation will supply Perth-based technology business Hazer Group with biogas from its wastewater treatment plant at Woodman Point, following an agreement signed between the two parties.
Warrego Energy has received commitments to raise $15 million from a two-tranche share placement, with the proceeds to go towards drilling at its West Erregulla development in the Perth Basin.
The team behind a planned green hydrogen project to be built near Dongara are hoping to raise $1 billion by the end of the year, while BP is undertaking feasibility on a plant close to Geraldton, less than an hour’s drive north.
Electric vehicles and pumped hydro are high on the federal government’s list of short-term priorities to reduce emissions, a new report shows, as Energy Minister Angus Taylor quietly moves towards an interventionist emissions policy.
Southern Cross Electrical Engineering has won a $40 million contract for services to Energy Queensland, which operates the electricity network in the northern part of that state.
Moves by the federal government to broaden the remit of two climate change agencies have been cautiously welcomed by business leaders, with new rules to promote investment into carbon capture and storage following a review of the government’s emissions reduction fund.
A $112 million hybrid microgrid to power Gold Fields’ Agnew gold mine has been completed, with 22 megawatts of renewable capacity, a battery, and gas/diesel backup plant in what the company claims is the largest such grid in Australia.
The Australian Renewable Energy Agency (ARENA) has made its latest contribution to the national hydrogen industry with $1.71 million of funding to BP Australia to progress a feasibility study for its proposed renewable hydrogen and ammonia plant in Geraldton.
Gnangara-based Pacific Energy will acquire Kewdale’s Hybrid Systems Australia as the company positions itself to support an accelerating roll out of new electricity generation technology, such as standalone power systems.
Potential for a hydrogen industry in WA has been ignited in 2020, with at least 12 feasibility studies under way, while the federal government has announced $300 million to support the industry.
A plan to install 15 gigawatts of solar and wind generation capacity in the Pilbara to export electricity to Indonesia has been approved by the Environmental Protection Authority.
The Environmental Protection Authority has released its greenhouse gas guidance which maintains its goal of net zero emissions by 2050 but will be flexible in how it is applied, after receiving feedback on a draft it released in December.
The two biggest Perth-based resources companies have furthered their interest in hydrogen, with one focused on export potential and the other investigating a more metropolitan project.
Power prices that fall during the day and rise at night, plus more storage, could help address the growing impact of rooftop solar on Western Australia’s southern power grid, with a new report listing 10 suburbs as potential candidates for community batteries.
In an initiative led by the Chamber of Minerals and Energy of WA, the Western Australian resources sector has pledged $6.6 million to Royal Flying Doctor Service Western Operations, Foodbank WA and Lifeline WA.
Andrew Forrest has added to his diverse business portfolio, purchasing global renewable energy development company Windlab in a consortium with Sydney-based Federation Asset Management.
Yara Pilbara and Engie have received a $1 million boost for a planned renewable hydrogen project from the Australian Renewable Energy Agency, but Western Australia will not be involved in the establishment of a new Australian Hydrogen Centre.
AGL Energy has achieved a 37 per cent rise in the number of Western Australian customers buying its gas, as it continues to eat into the market share of Alinta Energy and Kleenheat.
SPECIAL REPORT: Bushfires on Australia’s east coast will put pressure on emissions policy at a time when decisions are being made on major projects needed to boost the economy in the west.
Domestic gas users will benefit by as much as $241 million over five years under Australian Gas Infrastructure Group’s latest pricing proposal for the Dampier to Bunbury Natural Gas Pipeline.
A global investment company based in the Middle East has become the fourth equity investor in a $511 million waste-to-energy project that commenced construction at Rockingham this month.
Western Australia is leading the country in the adoption of waste-to-energy projects, with $1.2 billion being invested in two path-breaking facilities under construction.
