Australia

Australia does not expect natural gas shortfall to occur before 2030

The shortage risks are now over thanks to the Australian Domestic Gas Security Mechanism.

AGL Energy slams $250m offer by Alinta Energy for Liddell power station

The offer "significantly undervalues" future cash flows, according to AGL.

Australia's power capacity predicted to hit 88.5GW by 2027

Coal's share in the capacity mix will erode to under 55%.

AGL Energy slams reports of an offer from Alinta Energy

The Aussie firm says it has not received any offers to acquire Liddell Power Station.

EnergyAustralia buys 950MW of gas-fired facilities for $157m

These plants contribute around 9% of Victoria's generation capacity.

AGL to shell out $200m to upgrade coal-fired Bayswater Power Station

The facility will have an additional 100MW capacity after the update.

Australian power suppliers to pay $3.9m in compensation over outages

Around 50,000 homes lost power, with some up to 30 hours, on 28 January.

Soaring power bills spark solar rush in Australian homes

Solar costs for residential users nosedived by 44% since 2012.