Blog

A Cleanish Energy Finance Corporation and an Australian Something Energy Agency?

In a busy energy policy week for the federal government, the  Prime Minister today announced several new “buckets” of funding for a range of potentially emissions-reducing initiatives. These include a handful of funds targeted at specific activity, such as Technology Co-Investment Fund ($95m), Carbon Capture Use and Storage Development Fund ($50m), Future Fuels Fund ($74m),

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Liddell ultimatum: good cop or bad cop?

The Morrison government yesterday issued Australia’s energy sector with an ultimatum: build 1000MW of new dispatchable capacity before the Liddell coal power station closes in 2023 or we’ll build it ourselves. It’s a Category A political threat designed to split the Labor opposition over gas, signal to the electorate that the Morrison Government will stand

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Promise or threat? PM’s intervention in NSW electricity market

Prime Minister Morrison is today expected to unveil a new set of policies aimed at improving energy security and centred around natural gas. These include ambitions to supersize an existing gas hub at Wallumbilla in Queensland in order to facilitate greater liquidity in gas trading, with hopes that Wallumbilla can emulate the US’s Henry Hub

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Four legs good, two legs bad

Good governance stems from the notion of accountability: that no matter where an agent sits in the system, they are effectively held to account by others: the staff by management, management by the CEO, the CEO by the Board, the Board by shareholders and governments by voters. It is a wheel of fire which requires

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Going once, going twice… sold to the ACT

The ACT has gone back to the market to top up its renewable offsets. As the population and its energy use grows, new contracts were required to keep up with its much-vaunted 100% renewables policy. The ACT has managed to prove this blog wrong (probably not that difficult a feat but even so…) as our

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Minimum demand season: a killing field for old coal

Welcome to springtime, or as it’s known by the electricity industry, minimum demand season. Every spring the National Electricity Market returns with megawatts of new solar and wind. The resulting mega-squeezing of other generators is what helps put the oldest and frailest coal power stations out of business. That would be a great lower emissions

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