The Latest Breaking News from Chris Bowen

New 'capacity mechanism' could pay coal and gas generators for reliable electricity supply

A draft plan for a new "capacity mechanism", aimed at ensuring stability in the national electricity grid, could see coal and gas generators paid for reliable power supply.

ABC News · Jun 19, 2022

‘Stakes never higher’: energy board releases capacity market blueprint

Energy Security Board says fossil fuel generators might need to be paid to stay in business to retain capacity

The Guardian - AU · Jun 19, 2022

‘Fault all round’: Peter Dutton aims to deflect blame for Australia’s energy crisis

Liberal leader says Coalition made ‘huge investments’ in renewables when in power and blames states for locking up gas reserves

The Guardian - AU · Jun 19, 2022

Sydney residents told to cut power use to help avoid blackouts

Sydney residents were urged on Thursday to conserve power in the evening as much as possible to avert blackouts, one day after Australia suspended its spot electricity market due to unscheduled outages at ageing coal-fired utilities.

Reuters · Jun 16, 2022

Australia raises emissions cutting target for 2030

Australia, under a new Labor government, on Thursday raised its 2030 target for cutting carbon emissions, bringing the country more in line with other developed economies' Paris climate accord commitments.

Reuters · Jun 16, 2022

Australia's Paris Agreement commitment lifted to 43 per cent emissions reduction by 2030

The federal government has formally committed to the United Nations that Australia will reduce its carbon emissions by 43 per cent by the end of the decade.

ABC News · Jun 16, 2022

Energy market intervention will last 'as long as it needs to', Chris Bowen says

Energy Minister Chris Bowen says the government fully backs the unprecedented energy market takeover by the regulator, adding there is no time line on how long it will last.

ABC News · Jun 15, 2022

Shortfall warnings cancelled as units come back online – as it happened

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The Guardian - AU · Jun 15, 2022

Supply tight, but blackouts likely avoided

Anthony Albanese's government is monitoring the energy situation closely to determine what changes need to be made to improve how the market operates.

AAP · Jun 15, 2022

Power companies accused of engineering crisis for profit

Multibillion-dollar power companies left Australia under a threat of blackout on Tuesday night after they removed electricity from the grid for profit.

The New Daily · Jun 14, 2022