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Energy prices

This Month

One in five homes in Australia has rooftop solar panels installed.

Solar boom unleashes surge of below-zero power prices

Wholesale electricity prices are going negative more often, underscoring the financial pressures on ageing coal-fired power plants.

  • Angela Macdonald-Smith
The Dubbo region has abundant solar power capacity.

NSW pumps $128m into community benefits for first green energy zone

Funds will flow early to projects in communities impacted by new transmission and renewable energy projects, in a bid to improve local support.

  • Angela Macdonald-Smith
Santos’ Barossa project is opposed by some Tiwi Islanders.

Santos courts controversy on Barossa gas

The gas producer drew criticism from an activist shareholder group by refusing to concede its $5.8 billion project is running late.

  • Angela Macdonald-Smith
Woodside CEO Meg O’Neill is facing hurdles on both gas and hydrogen projects.

Woodside calls for ‘urgent’ reforms amid threat to Scarborough gas

The warning by chief executive Meg O’Neill came as Woodside delayed its flagship clean energy project, a US hydrogen venture in America.

  • Angela Macdonald-Smith
Chevron’s Gorgon liquefied natural gas plant on Barrow Island is Australia’s second-biggest.

WA LNG strike averted through 11th-hour deal

The resolution to the Chevron dispute brings to an end industrial action that has plagued WA LNG plants for over two months and sparked gas price spikes in Europe.

  • Angela Macdonald-Smith and David Marin-Guzman
Victorian Energy Minister Lily D’Ambrosio discusses the energy transition challenge with Climate Change Minister Chris Bowen at the Summit in Sydney.

‘The capital is there.’ So what’s stalling the energy transition?

Problems around new transmission means Australia may fall short of its 2030 targets, but political will, capital and renewable resources remain strong drivers for the transition.

  • Angela Macdonald-Smith and Mark Ludlow
 The ACCC has approved the buyout of Origin Energy.

ACCC argument to back Origin takeover is flimsy, say analysts

The regulator says although the deal is likely to reduce competition, that is outweighed by the greater benefit to the public from an accelerated energy transition.

  • Updated
  • Angela Macdonald-Smith
More big battery projects have got the go-ahead this year than wind or solar projects.

AEMO, CEOs in call-to-arms on clean energy build-out

The nation’s energy market operator will urge developers to exploit all available government schemes to get projects into construction, and get community backing.

  • Angela Macdonald-Smith and Mark Ludlow
Hopes are high for green hydrogen exports from Australia.

Australia’s window of opportunity narrowing for hydrogen dominance

There’s no shortage of hydrogen hype, but how realistic are expectations that Australia can become a green hydrogen superpower?

  • Ronald Mizen
Chevron’s Gorgon liquefied natural gas plant on Barrow Island is Australia’s second-biggest.

Renewed strike threat rises at Chevron LNG

Unions advised they would file a new notice of protected industrial action on Monday amid claims the company has reneged on parts of a deal for workers.

  • Angela Macdonald-Smith
Snowy’s hydro and gas power assets give it an increasing share of flexible generation in NSW.

Energy regulator warns of growing Snowy Hydro market power

The Australian Energy Regulator singled out Snowy Hydro’s growing share of the market for flexible power and underscored the importance of “open and competitive” markets.

  • Angela Macdonald-Smith
 Record temperatures are boosting solar power generation.

Coal power hits record low amid summery spell

The fresh low for electricity from coal came as demand for grid power also hit a new low, compounding the pressures from renewables on traditional generators.

  • Angela Macdonald-Smith


Prices for petrol and diesel have surged above $2 a litre.

$2 a litre here to stay as petrol pump records tumble

Record petrol prices are likely to rise even further and motorists should get used to paying more than $2 a litre as global oil prices continue to climb.

  • Angela Macdonald-Smith
Jacinta Allan spoke to the media after being named Victoria’s 49th premier.

Allan ‘should scrap rail loop, charge cars to enter Melbourne’

The new Victorian Premier Jacinta Allan should scrap the suburban rail loop, delay any transport spending it can and charge cars to enter the CBD, experts say.

  • Ben Potter

East coast gas supply rising but ACCC cautions over thin surplus

The competition watchdog says the east coast should narrowly avoid a gas supply deficit in the March quarter of 2024.

  • Angela Macdonald-Smith
Chevron CEO Mike Wirth is bullish on the oil price.

Surging oil market brings $US100 crude back in sight

Premiums for physical barrels are surging, with supplies from the Middle East, Azerbaijan and even Russia commanding premiums as refiners clamber to make diesel.

  • Alex Longley and Sharon Cho
New high-voltage transmission lines are facing community opposition.

HumeLink transmission project shapes up as a test of governments’ will

Cameron O’Rielly, the lead author of a review of energy reliability and supply in NSW, says such difficult projects are a requirement of the transition to renewables.

  • Angela Macdonald-Smith
Electricity transmission lines near Churchill

SA business ramps up nuclear plea amid spiralling power surcharges

Soaring costs for industry to keep the lights on in the state’s renewables-reliant grid have spurred a fresh appeal for nuclear power to be considered.

  • Angela Macdonald-Smith
NSW premier Chris Minns.

Time for NSW premier to act has arrived

Tuesday’s budget represents an opportunity for the state’s first Labor government in a decade to define itself as more than a reaction to the Coalition.

  • Samantha Hutchinson
Chevron’s Wheatstone LNG plant is battling a technical fault and industrial action.

Chevron faces struggle to maintain LNG exports

The US giant is still working to restore full production at Wheatstone LNG after a technical fault, hampered by disruptive industrial action at its plants.

  • Angela Macdonald-Smith