Yesterday
Korean $1.5b hostile bid sparks fears for Qld renewables play
A contentious bid for control of Korea Zinc has thrown the future of one of the east coast’s largest renewable energy and hydrogen players into doubt.
- Angela Macdonald-Smith and James Hall
This Month
MinRes cites large gas resource amid talks on $500m sale
The estimate of the Perth Basin resource comes as MinRes is speculated to be in talks with potential bidders or partners including Mitsui, Beach and Hancock.
- Angela Macdonald-Smith
Is Woodside going American? Probably a good idea, investors say
Australia’s hostile business environment for oil and gas means Woodside’s shift of emphasis to North America, where it has done a string of deals, is a good idea, they say.
- Angela Macdonald-Smith
Elon Musk’s Tesla hangs up for-sale sign at SA virtual power plant
Sources said Tesla has proven the model and is now ready to hand the keys, but would continue to install and manage the batteries for the new owner.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Renewables record tumbles but may be close to pause
Renewables’ share of generation hit a fresh record on Monday, but with coal plants having to run at minimum levels it may be near a temporary limit.
- Angela Macdonald-Smith
Australia’s most-advanced offshore wind project hunts equity backers
Renewables bigwig Copenhagen Infrastructure Partners wants a co-investor for the 2.2GW Star of the South, Australia’s most advanced offshore wind project.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Sponsored
- Energy
- Hydro Tasmania
Delivering grid stability: The vital role of deep-storage facilities
With all Australian coal-fired power stations forecast to close by 2040, the race is on to replace the retiring fleet with new clean energy generation.
Sponsored
by Hydro Tasmania
Origin reworks coal power stalwart for final years
The giant Eraring coal generator faces a dynamic last few years to cope with the influx of renewables as the baseload site reinvents itself.
- Angela Macdonald-Smith
Shell well flare in Qld fires up east coast gas hopes
An apparent success by Shell in the little-known Taroom Trough in Queensland has industry insiders excited about a potential large new source of gas.
- Angela Macdonald-Smith
Sun Cable undaunted as Indonesia cuts in on Singapore exports
Singapore has granted conditional approvals for several Indonesian clean electricity export ventures, but also increased its target for imports.
- Angela Macdonald-Smith
AGL, nation’s biggest carbon emitter, awarded stellar ESG rating
Influential proxy advisor CGI Glass Lewis says the Mike Cannon-Brookes-backed company is being transparent about its efforts to pivot to clean power.
- Angela Macdonald-Smith
Santos CFO changeover brings CEO succession to the fore
Former Woodside executive Sherry Duhe joins as some are questioning what the transition plan will be when longstanding chief executive Kevin Gallagher exits.
- Angela Macdonald-Smith
How to win over communities to renewables
The UK is considering incentives, such as cheaper power prices, to encourage communities to back renewables. Could it work here?
- Mark Ludlow
- Explainer
- Energy transition
How much water does nuclear really need?
The Coalition’s plan for atomic energy has raised concerns about the amount of water that reactors will use in a hotter and drier Australia.
- Christopher Niesche
PEP, OPTrust call in bankers for $2b Zenith Energy play; refi first
The immediate task at hand is to rustle up a refinancing for Zenith, which wants to upsize its borrowings from about $760 million to $1.3 billion.
- Sarah Thompson, Kanika Sood and Emma Rapaport
The secret behind Germany’s record renewables buildout
Securing approvals for one project to erect three wind turbines used to require 36,000 pages of documentation. Germany turned it around in two years.
- Marilen Martin and Akshat Rathi
Wild winds blow up solar farm profits
Almost 80 per cent of NSW solar farm output was turned off on Sunday to avoid losses as prices plunged due to oversupply amid plentiful rooftop solar and wind power.
- Angela Macdonald-Smith
- Opinion
- Energy transition
Solving the complexity of net zero is not that hard
The core principles that drive good investment are also at play in climate change. Let prices do the talking.
- Gates Moss
Activists seek to stir investor revolt at Woodside
Market Forces is urging shareholders to demand a board revamp at the oil and gas producer, citing a huge increase in emissions from its US LNG export plans.
- Angela Macdonald-Smith
August
Global Infrastructure Partners closes in on $5b-plus Jemena stake
Jemena is the largest gas distributor in NSW, and the state-owned utilities giant’s slice is expected to be worth $5 billion to $6 billion.
- Sarah Thompson, Kanika Sood and Emma Rapaport
