Regulators will be considering moves to cut the amount thermal generators need to pay when the electricity market is oversupplied, as independent retailers warn they may soon need to charge customers for exporting solar energy into the grid.
There’s no bad news in Western Australia’s battery industry, Energy Minister Bill Johnston says, shrugging off the deferral of major projects in recent months.
Magellan Power is considering operations for a capital raising early next year, including an IPO, as it sharpens its strategy to expand production of standalone power systems and microgrids.
Quantum computing is the next technology frontier for gas producer Woodside Petroleum, with the Perth-based business today becoming the first in Australia to join IBM’s Q Network.
The Conservation Council WA has ramped up its continuing criticism of the LNG industry, with a report released today arguing other parts of the state's economy will have an “impossible ask” to reduce emissions to compensate for recent petroleum developments assuming the national target is applied uniformly.
A $1 billion fund to subsidise grid reliability and an expert panel to review Australia’s emissions abatement program are signs the federal government might be rethinking its approach to climate policy.
AGL Energy subsidiary Perth Energy has secured a $4.5 million three-year contract with the North Metropolitan Health Service, its biggest natural gas supply agreement with a state government agency this year.
The use of renewable energy in the mining sector is being given a boost, with the federal government and Alinta Energy jointly funding a $200 million solar facility that will help to power Fortescue Metals Group’s iron ore mines.
Fortescue Metals Group, South32, Iluka Resources, Western Power and Synergy are among a group of 10 resources and energy companies collaborating to develop a toolkit to pre-screen for modern slavery risks within their supply chains.
Perkins Builders has continued its streak of contract wins, after it was awarded the main construction works for a $15 million Western Power depot in Pinjarra.
Power utility Synergy has taken a $446 million impairment and reported a loss of $656.9 million in the year to June, which the state government-owned business said was driven by higher fixed costs as revenue fell.
Oil and gas explorer Whitebark Energy and uranium-focused Toro Energy are seeking to advance their respective projects with equity, with Whitebark completing a share placement and Toro launching a share purchase plan.
Family-owned fertiliser producer Baileys has been the given the green light as a carbon neutral certified business, as part of an overall strategy to become more environmentally friendly.
Carnegie Clean Energy has reached the minimum of $5.5 million from its rights issue, but announced a shortfall of around $6 million, as the collapsed wave power company inches closer to recapitalisation and relisting on the ASX.
