World’s fastest energy transition: AEMO maps path to 94 per cent renewables
Source: RenewEconomy | July 31, 2020
31st July 2020 The Australian Energy Market Operator says Australia is in the midst of what is likely to be the world’s fastest energy transition. And it has just finalised …
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Santos takes $1.1b hit as COVID-19 wipes out oil demand
Source: The Age | July 23, 2020
23rd July 2020 Oil and gas giant Santos has become the latest Australian producer to take heavy write-downs on the value of its assets, flagging a hit of up to …
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Wholesale Electricity prices to lowest in five years
July 23, 2020
Wholesale electricity prices traded at the lowest in five years as the coronavirus lockdown crimped energy demand, especially from businesses in NSW and Queensland. The latest quarterly report from the …
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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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