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The Latest Breaking News from Bruce Mountain

What the federal government's coal price cap means for power bills, generators and Queensland's royalties

The federal government has announced a price cap on gas and coal to help ease the cost of energy, but how will this help to lower your power bill?

ABC News

Governments unveil renewables investment as ACCC warns of skyrocketing electricity bills

Competition across Australia’s electricity market is coming under pressure as prices soar, raising the spectre of even higher bills.

The New Daily

Australian energy ministers to agree on promoting battery uptake but views on price caps differ

Gathering of state and federal officials in Brisbane on Thursday not expected to result in consensus on proposed price caps on coal and gas

The Guardian - AU

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Politics with Michelle Grattan: Energy crisis has 'badly damaged' social licence of coal and gas

Australians are currently confronting a cost of living crisis that includes soaring energy prices. Ministers have been working for weeks on a strategy to contain the prices of coal and gas, driven up by the fallout from the Ukraine war.

The Conversation

How AGL's closure of Torrens Island gas-fired power station will affect SA's power prices and energy stability

AGL has announced it will close its Torrens Island B gas-fired power station a decade earlier than planned. So where will the closure leave the state's power supply?

ABC News

Solar and wind power shutdown forecast as SA remains cut off from national electricity grid

Wind farms and rooftop solar installations could be switched off in the coming days to protect SA's energy grid, with experts warning of the risk of more blackouts following the weekend's extreme weather. The state remains cut off from the national electricity market after key infrastructure was toppled in the…

ABC News

Anthony Albanese mulls ‘sensible solutions’ to curb soaring electricity prices

Prime Minister Anthony Albanese has set a Christmas deadline for a crackdown that he promises will curb soaring electricity prices.

The New Daily

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Politics with Michelle Grattan: Energy expert Bruce Mountain on what to do about the gas crisis

The aftermath of the Albanese government’s first budget has seen the political and policy debate turn sharply onto the spectre of households and businesses facing sky-high power prices over the next 18 months.

The Conversation

Albanese government staring at 'unpleasant choices' amid deepening energy price crisis

Pressure mounts on the Commonwealth to fix the electricity system's woes, but observers warn there are no easy solutions and consumers are in for a rough ride.

ABC News

Daniel Andrews plans to revive the State Electricity Commission. What will it mean for Victoria’s power?

A move to bring back the publicly owned SEC shows governments are not confident the private sector can decarbonise quickly enough, experts say

The Guardian - AU

Deal signed to fund Marinus Link power cable between Tasmania and Victoria

Victoria has agreed to pitch in and help Tasmania and the Commonwealth fund the Marinus Link undersea power cable link between the states — but one expert is questioning the benefits to Tasmania and says it does not "make sense".

ABC News

Experts say 'crazy' policies will hobble role of gas in Australia's energy transition

Across the developed world, countries are betting big on gas to be the transition fuel to renewable energy. So why is Australia, with all its gas reserves, unable to follow suit?

ABC News

Public ownership of power assets key to smooth shift to renewables, Queensland energy minister says

Government also able to offset impact of higher energy prices globally following Russia’s invasion of Ukraine, Mick de Brenni says

The Guardian - AU

Australia's newest coal plant Bluewaters strips fortunes amid rapid rise of renewable energy

Once a beacon of hope for the industry, the newest coal-fired power plant in Australia now stands as a symbol of its mortality.

ABC News

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ABC News

Australia's great energy transition reaches a 'tipping point' as clock winds forward for coal

Everywhere you looked over the past few days it seemed the super-charged transition from coal-fired power to renewable energy was on display. So what's next?

The New Daily

Loy Yang A’s premature closure puts pressure on renewable energy to replace fossil fuels

AGL is speeding up the closure of one of Australia’s biggest carbon polluting power plants, but a solid replacement is yet to take shape.

ABC News

AGL announces it will close Loy Yang A power station in Victoria's Latrobe Valley up to 10 years sooner than planned

Energy giant AGL says the Loy Yang A power station in Victoria's Latrobe Valley will now close as early as 2035 after it was initially slated to close a decade later. Experts say shareholders are driving the company towards renewable energy.

The Guardian - AU

Fork in the road: can Tasmania unwind the environmental damage at Lake Pedder?

Christine Milne argues the glory of restored Tasmanian lake, drowned in 1972, would outweigh benefits of energy it generates

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The New Daily

Western Australia has the cheapest energy in the OECD, as prices go sky high in eastern states

The costs of energy have dramatically jumped across Australia as war and shortages make themselves felt globally but WA has been spared the shock

ABC News

Elysian Energy enters voluntary administration after doubling its electricity prices in June

Australian-based energy retailer Elysian Energy enters voluntary administration, becoming the seventh boutique provider this year to succumb to the global energy crisis.

The Guardian - AU

Snowy Hydro boss Paul Broad resigns leaving project facing delays and cost blowouts

Price tag for pumped hydro scheme has increased from $2bn to about $5bn since announced by Malcolm Turnbull in 2017

The New Daily

‘War profiteering’: Government flags gas crackdown after scathing ACCC report

Gas companies making billions of dollars in windfall profits by exporting Australian gas overseas could soon be reined in by the federal government.

ABC News

Victorian family makes off-grid home dream a reality amid nightmare energy prices

Paying his quarterly energy bill used to be something Michael Robinson would "dread", but it is a distant memory since turning his off-grid fantasy into a reality.

ABC News

AEMO's renewable energy roadmap ignores community stalemate, expert says

Amid delays caused by community resistance to major infrastructure projects, an energy policy expert says AEMO's plan to complete five projects in the next decade is a pipedream.

ABC News

Does Australia need Tasmania to become a multi-billion-dollar 'Battery of the Nation'?

As coal-fired power stations close down, there is a push for the renewables-rich state of Tasmania to become the "Battery of the Nation". The problem is, no one knows who will foot the multi-billion-dollar bill.

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