Original article by Phillip Coorey
The Australian Financial Review – Page: 1 & 4 : 31-Jan-20
Prime Minister Scott Morrison and New South Wales Premier Gladys Berejiklian will release details of a $2 billion energy deal on 31 January. Under the agreement, NSW must find an extra 70 petajoules of gas per year for the east coast market, in return for the federal government underwriting new non-coal power generation, constructing new interconnectors and making funding available for carbon emissions reduction projects. The most likely way in which the NSW government will make available the extra 70 petajoules of gas is by approving Santos’s Narrabri coal seam gas project.
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, SANTOS LIMITED – ASX STO
Original article by Rosie Lewis
The Australian – Page: 1 & 5 : 16-Jan-20
Some Coalition MPs say that the federal government must not make significant changes to its carbon emission reduction targets in response to the bushfires crisis. Prime Minister Scott Morrison has indicated that the nation will exceed its 2030 target of reducing emissions by 26-28 per cent; he has also emphasised that a range of measures in response to climate change are needed, rather than simply reducing emissions. Former National Party leader Barnaby has called for the construction of nuclear power plants in Australia, as well as clean-coal power stations. Sources within the government have suggested that reviving the national energy guarantee policy is unlikely.
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NATIONAL PARTY OF AUSTRALIA, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY
Original article by Mark Ludlow
The Australian Financial Review – Page: 1 & 2 : 3-Jan-20
The Reliability and Emergency Reserve Trader (RERT) scheme is not the solution to Australia’s power supply problems during the summer months. This is according to Audrey Zibelman, the CEO of the Australian Energy Market Operator, which manages the RERT. Under the RERT, which costs power costumers as much as $40 million a summer, AEMO pays large power users to cut their production in an effort to avoid blackouts. The Energy Security Board is investigating a longer-term solution to the RERT as part of its 2025 market design review.
AUSTRALIAN ENERGY MARKET OPERATOR LIMITED, AUSTRALIA. ENERGY SECURITY BOARD
Original article by Angela Macdonald-Smith, Mark Ludlow
The Australian Financial Review – Page: 11 : 22-Nov-19
The New South Wales government has backed a proposal by federal Energy Minister Angus Taylor to pursue bilateral negotiate bilateral energy and climate policy agreements with each state. NSW Energy Minister Matt Kean had previously advocated an integrated national policy on climate and energy policy, as well as the revival of the shelved National Energy Guarantee. Details of a bilateral deal between the two governments is expected to be disclosed within weeks, and Kean says the deal will be much better for the state than the NEG.
AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, NEW SOUTH WALES. DEPT OF PLANNING AND ENVIRONMENT, COUNCIL OF AUSTRALIAN GOVERNMENTS, QUEENSLAND. DEPT OF NATURAL RESOURCES, MINES AND ENERGY, VICTORIA. DEPT OF ENVIRONMENT, LAND, WATER AND PLANNING
Original article by Mark Ludlow, Angela Macdonald-Smith
The Australian Financial Review – Page: 1 & 6 : 18-Nov-19
Federal Energy Minister Angus Taylor will shortly meet with his state and territory counterparts at the Council of Australian Governments energy council meeting. He will use a speech in Sydney on 18 November to outline his plans to negotiate a bilateral energy and climate policy agreement with each state, based on its unique circumstances. However, Taylor has warned that he will only strike deals with states that are ‘collaborative’. Energy Security Board chair Kerry Schott is supportive of state-based deals, provided they do not undermine existing national electricity rules.
AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, COUNCIL OF AUSTRALIAN GOVERNMENTS, AUSTRALIA. ENERGY SECURITY BOARD, AUSTRALIAN ENERGY MARKET OPERATOR LIMITED
Original article by Olivia Caisley, Joe Kelly
The Australian – Page: 5 : 31-Oct-19
Shine Energy CEO Ashley Dodd says the Clean Energy Finance Corporation’s mandate should be expanded to include replacing Australia’s existing coal-fired power plants with high-efficiency, low-emissions plants. The federal government will inject an additional $1bn into the CEFC, but it has specifically ruled out using the extra funding to invest in new coal-fired plants or to upgrade existing plants. National Party MP Keith Pitt supports expanding the CEFC’s mandate to embrace all energy sources.
SHINE ENERGY, AUSTRALIA. CLEAN ENERGY FINANCE CORPORATION, NATIONAL PARTY OF AUSTRALIA, AUSTRALIAN CONSERVATION FOUNDATION INCORPORATED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET
Original article by Geoff Chambers
The Australian – Page: 1 & 4 : 30-Oct-19
The federal government will establish a Grid Reliability Fund, which will be administered by the Clean Energy Finance Corporation. The new fund will invest in projects that increase the reliability of energy supplies and transmission infrastructure, and help to reduce electricity prices. Such projects include the ones that are on the short-list for the Underwriting New Generation Investments scheme. The government will also inject an additional $1bn into the CEFC.
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, AUSTRALIA. CLEAN ENERGY FINANCE CORPORATION, AUSTRALIA. DEPT OF FINANCE, AUSTRALIAN LABOR PARTY, TRANSGRID, AUSTRALIAN ENERGY REGULATOR, AUSTRALIAN ENERGY MARKET COMMISSION
Original article by Perry Williams
The Australian – Page: 17 & 26 : 25-Oct-19
Frank Calabria will use a speech to a Committee for Economic Development of Australia lunch in Sydney on 25 October to warn against extending the life of coal power plants without the government providing a ‘carbon signal’. Calabria, who is the CEO of Origin Energy, will also call for an end to the ongoing energy war. He will say that the government needs to put an end to ‘quick fixes’ so far as the energy policy ‘puzzle’ is concerned, and focus instead on long-term solutions.
ORIGIN ENERGY LIMITED – ASX ORG, AGL ENERGY LIMITED – ASX AGL, COMMITTEE FOR ECONOMIC DEVELOPMENT OF AUSTRALIA
Original article by Angela Macdonald-Smith, Robert Guy
The Australian Financial Review – Page: 5 : 17-Oct-19
Alinta CEO Jeff Dimery says the federal government’s legislation to force energy companies to divest assets will probably never be triggered. Dimery argues that conditions in the energy market would have to be dire for the ‘big stick’ legislation to be used. Origin Energy CEO Frank Calabria has in turn questioned whether the legislation will increase energy affordability and reliability, while Energy Security Board chair Kerry Schott has doubts about the effectiveness of the government’s Underwriting New Generation scheme.
ALINTA ENERGY (AUSTRALIA) PTY LTD, ORIGIN ENERGY LIMITED – ASX ORG, AUSTRALIA. ENERGY SECURITY BOARD
Original article by Rosie Lewis
The Australian – Page: 4 : 16-Oct-19
Labor has agreed to support the federal government’s bill to force energy companies to divest assets if they fail to reduce electricity prices. However, Opposition Leader Anthony Albanese says the policy shift is not a backdown, as the proposed legislation has been changed significantly since it was rejected by the previous parliament. The government has agreed to some concessions sought by Labor in return for supporting the bill.
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, FEDERAL COURT OF AUSTRALIA