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The Latest Breaking News from Bruce Mountain

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

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

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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

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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

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?

ABC News

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.

The New Daily

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.

ABC News

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

The Guardian - AU

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

The New Daily

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.

ABC News

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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.

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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.

The New Daily

Sun Cable: The giant solar project making Australia a world leader in renewable generation

The world's largest solar generation and transmission project – Sun Cable – was given the go-ahead by Infrastructure Australia (IA) on Friday.

AAP

Qld electricity prices raise questions

There are calls for an inquiry into Queensland's wholesale electricity prices, which are the highest in the nation and regularly hit record levels.

ABC News

Energy economists are calling for change, so what can Queensland do to avoid future blackouts?

Five of Queensland's state-owned power generators are currently not operating. Others are being turned off on purpose as blackouts threaten.

ABC News

Australia's energy ministers have an 11-point plan. Here's why it won't ease prices any time soon

Amid a "perfect storm" for energy prices and Australians' surging power bills, energy ministers across the country were meeting to make a plan. Here's what we know about it.

The Guardian - AU

Labor needs to double the pace of its renewable energy rollout to meet 2030 emissions target. Can it be done?

Analysts say the extent to which Australia will have to accelerate the uptake of renewables has not been appreciated – it’s extremely challenging, but not impossible

AAP

Qld govt denies electricity price gouging

The Chamber of Commerce and Industry Queensland has called for rebates and interventions to shield the state's businesses from surging electricity prices.

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