Shell to cut asset values by up to $22 billion after coronavirus hit

Source: Reuters | July 2, 2020

2nd July 2020 Royal Dutch Shell plans to slash the value of its oil and gas assets by up to $22 billion after the coronavirus crisis hit demand for fuel …
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Big companies to be paid to cut power usage – New AEMC Demand response rules

June 15, 2020

15/06/2020 Large companies, such as manufacturers and smelters, will be paid to cut their energy usage, as part of an overhaul of the National Electricity Market.While demand response has been …
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Surging renewables, COVID-19 pile more pressure on coal

Source: The Age | June 9, 2020

9th June Australia’s renewable energy output is on track to post its sharpest rise on record in the next two years, driving down power prices and intensifying the prospect of …
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Victoria’s Cohuna solar farm completed, joins queue for commissioning

May 28, 2020

Another solar farm, the 34MW Cohuna in Victoria, has completed construction and has now joined the queue for commissioning. Tempo Services, the principal contractor for the Cohuna solar farm, told …
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Cheap electricity is back in Australia

Source: RenewEconomy | May 8, 2020

8th May 2020 The futures market for wholesale electricity prices are dropping across the NEM. On a global level, electricity prices in Australia are once again towards the low end …
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