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The Latest Breaking News from Coal

Environment report Coalition didn’t release paints ‘damning story of neglect’, Tanya Plibersek says

Minister will release five-yearly report which she says details ‘alarming story’ of native species extinction and cultural heritage loss

The Guardian - AU

Labor criticised for current energy hole

The federal opposition says the Albanese government needs to take responsibility for any blackouts that happen on its watch.

Crikey

Dutch join Germany, Austria, in reverting to coal

The Hague (AFP) - The Dutch joined Germany and Austria in reverting to coal power on Monday following an energy crisis provoked by Russia's invasion of Ukraine.

AFP

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Germany sticks to 2030 coal exit target amid energy worries

The German government says it remains committed to its goal of phasing out coal as a power source by 2030, despite deepening worries about a cut in Russia’s gas supplies

The Independent UK

Russia closing gas tap exposes French and German dependency on nuclear and coal

Fresh into a new mandate but without a parliamentary majority since legislative elections on Sunday, French President Emmanuel Macron will now have to hammer out an energy policy caught between the gas crisis caused by Russia's invasion of Ukraine and an increasingly vocal green movement. Germany faces similar problems.

Radio France Internationale

3 Top-Rated Stocks Still Up More Than 50% In 2022

The prospects of more aggressive interest rate hikes to fight the multi-decade high inflation and the fears of a subsequent recession have put the stock market under immense pressure. However, despite the current market downturn, fundamentally sound stocks RCM Technologies (RCMT), Alpha Metallurgical (AMR), and Urban One (UONEK) are up…

StockNews.com

‘High-risk’ energy overhaul could prop up fossil fuels, experts warn

Australian consumers may end up paying to extend the lifespan of fossil fuels unless a planned overhaul of the electricity market is handled carefully.

The New Daily

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Philippines moves closer to building world's largest solar project

Solar Philippines has submitted offers to contract most of its planned 10 gigawatts of projects, including the world’s largest, as the Southeast Asian nation seeks to meet rising demand for electricity while shifting away from coal.

Bangkok Post

Chris Bowen says states can decide how to provide backup energy generation but must meet 2030 target

The Energy Security Board recommends paying generators to keep extra capacity in the national grid to reduce the risk of blackouts

The Guardian - AU

Australia has a once in a lifetime opportunity to break the stranglehold fossil fuels have on our politics

In the wake of the Green and Teal wave that crashed through the federal parliament, attention has inevitably turned to what the new crossbenchers will say and do about climate policy.

The Conversation

Snowy Hydro's water problem shows how weather is a driver of the energy crisis

Weather extremes have deepened the man-made power crisis in ways that were hard to predict and at times even harder to imagine. Both Snowy Hydro and coal-fired power stations have been impacted by summer rains. And two weeks of extreme cold has only brought the power system closer to the…

ABC News

Energy Security Board admits CoalKeeper will keep coal — just not ‘intentionally’

The Energy Security Board insists a capacity mechanism isn’t about propping up coal, but admits that’s exactly what could happen.

Crikey

Power plan ‘wake-up’ call for Labor govt

The latest energy blueprint is a ‘wake-up call’ to the Albanese government, the opposition says, as regulators include coal and gas in their plans for the grid.

Crikey

Greens hit back at proposed power plan

Adam Bandt has labelled the Australian energy market "a broken system" after companies withheld power due to supply not being in their economic interest.

AAP

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ABC News

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.

Crikey

Thought for fuel

Good morning, early birds. Opposition Leader Peter Dutton has confirmed suspicions the Coalition will not support Labor’s emissions reduction target, and an art collector who donated up to 100 paintings to a Wollongong Art Gallery was reportedly a Nazi collaborator. It’s the news you need to know, with Emma Elsworthy.

The Conversation

In the Solomon Islands, Wong takes first tentative steps in repairing a strained relationship

Foreign Minister Penny Wong was no doubt expecting a cooler reception than her three previous visits to the Pacific when she touched down in Honiara last Friday. The Solomon Islands government website had not even listed the Australian minister’s visit – but it did note the first visit of a…

The Guardian - AU

‘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

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AFP

Germany resorts to coal amid Russia gas supply cuts

Berlin (AFP) - Germany announced emergency measures on Sunday to ensure its energy needs after a drop in Russian gas supplies, including reverting to coal in what it called a "bitter but indispensable" step.

The Hindu

Coal Minister urged to revise pension

Several pensioners getting less than ₹1,000 per month for the last 24 years

AAP

Experts reject 'reheated' energy blueprint

A 'reheated' proposal by regulators to pay coal plants and renewable generators to guarantee supply to the struggling electricity grid has come under fire.

Crikey

Energy blueprint backs old and new sources

Energy regulators have put forward a “capacity mechanism” that would pay coal plants and renewable generators to guarantee supply to an evolving national grid.

The Hindu

Government directs GENCOS to buy rakes to ensure smooth coal supply during monsoon

The government is making rake arrangements anticipating production and supply issues during the approaching rainy season

The Guardian - AU

‘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

ABC News

WA forges ahead with renewables transition as other states face energy crisis

Power has been a hot topic in Australia this week, although for starkly different reasons depending on which side of the country you're on. But what does it all mean for West Australians?

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