Category Archives: Energy

Offshore wind farm developer asks Labor to delay application on Illawarra project until after election

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Chris Bowen accuses Coalition of creating ‘sovereign risk’ by opposing offshore projects as Nationals celebrate ‘major win’

An offshore windfarm developer has asked the Albanese government to pause its application to progress its project off the Illawarra until after the coming federal election, after the Coalition campaigned against it.

BlueFloat Energy was the only applicant asking for a seven-year feasibility licence to further develop its project in the deep waters of the Illawarra offshore wind zone.

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BP to almost double oil and gas production by 2030 in move away from green goals

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Firm will be selective about investing in low-carbon options, slashing more than $5bn from previous green plan

BP is almost doubling its target for oil and gas production by the end of the decade and slashing its spending on low-carbon energy as part of a fundamental reset of the troubled company away from previous green goals.

The FTSE 100 fossil fuel company has promised shareholders it will increase its planned oil and gas production by 2030 to the equivalent of about 2.4m barrels a day – almost twice the figure in its net zero plan set out five years ago.

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Energy giant AGL disputes $25m fine for wrongly taking welfare money from hundreds as ‘excessive’

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Exclusive: Court documents obtained by Guardian Australia show appeal argues judge was wrong to decide penalty was needed to ‘provoke’ leadership attention

Energy giant AGL is disputing a “manifestly excessive” $25m fine for using the Centrepay debit system to wrongly take welfare money from hundreds of vulnerable Australians. It argues that a judge should not have used the massive financial penalty to try to “provoke some attention” from the company’s board and executive leadership.

Late last year, the federal court imposed the hefty fine and excoriated AGL for wrongly taking money from 483 welfare recipients via Centrepay, the scandal-plagued, government-run system that allows automatic diversion of social security payments to essential services, like electricity bills and rent.

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Redrawing of global energy markets map set to heap benefits on US

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The prospects of peace and the return of Russian gas looks likely to serve the interests of Donald Trump

The Kremlin’s invasion of Ukraine three years ago has reverberated through the global energy industry; unravelling Europe’s decades-long reliance on gas imported via pipelines from Russia, and triggering a global squeeze on gas markets that unleashed a cost of living crisis still felt today.

The prospect of a peace deal has many wondering whether the energy industry could be upended once again; this time giving way to a market serving the interests of the US president hoping to broker the deal.

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Europe greenwashing with north Africa’s renewable energy, report says

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Greenpeace argues European-backed projects hamper countries’ ability to decarbonise their own economies

European countries are extracting renewable energy from Morocco and Egypt to “greenwash” their own economies, while leaving north Africans reliant on dirty imported fuels and paying the environmental costs, a Greenpeace report says.

Both Morocco and Egypt are aiming to leverage their strategic locations south of the Mediterranean, and their solar and wind power potential, to position themselves as pivotal to Europe’s quest to diversify its energy supply.

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Sellafield nuclear site taken out of special measures for physical security

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Site in Cumbria can now return to routine inspections but concerns remain over cybersecurity

The UK nuclear industry regulator has taken Sellafield, the world’s largest store of plutonium, out of special measures for its physical security – but said concerns remained over its cybersecurity.

Guarding arrangements at the vast nuclear waste dump in Cumbria have improved enough to allow for routine inspections from the Office for Nuclear Regulation (ONR), rather than requiring “enhanced regulatory oversight”.

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Heat pump sales in Europe fall 23% to pre-Ukraine war levels

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Growth in 2022 and 2023 was driven by soaring gas prices caused by Russia’s invasion, but 2024 saw sales slump

Heat pump sales fell 23% in Europe last year, industry data shows, reverting to the level they were at before the war in Ukraine and slowing the shift away from gas-burning boilers.

Demand for clean heating devices fell by about half in Belgium and Germany, and by 39% in France, according to data for 13 countries that cover 85% of the European heat pump market.

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Norway to open protected rivers to hydropower plants

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Green politicians describe plan as ‘a historic attack on Norwegian nature’

The Norwegian parliament has voted to open up protected rivers to hydropower plants, prompting fury from conservation groups who fear for the fate of fish and other wildlife.

The bill allows power plants bigger than 1MW to be built in protected waterways if the societal benefit is “significant” and the environmental consequences “acceptable”. It was voted through on Thursday as part of measures to improve flood and landslide protection.

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Solar panels could cut fuel-poor UK families’ energy bills by 24%, says study

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Call for means-tested grants or loans to cover upfront costs that prevent poorer households from benefiting

Poorer households could cut their energy bills by a quarter if solar panels were installed on their rooftops, a report has found.

However, the upfront costs mean that those who stand to benefit most from decreased energy bills are prevented from getting panels installed, according to the Resolution Foundation thinktank.

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Starmer ‘not telling truth’ over Gaza family asylum decision, claims Badenoch, after PMQs clash – as it happened

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Opposition leader says PM was wrong when he said that the decision was taken under the last government

After PMQs there will be an urgent question in the Commons, tabled by the Lib Dem MP Christine Jardine, on “the potential security implications of the involvement of Chinese companies including Mingyang in energy infrastructure projects”. After that Dan Jarvis, the security minister, will make a statement to mark the publication of the report into Prevent’s dealings with Ali Harbi Ali, the man who killed the Conservative MP David Amess.

Sir Mark Rowley, the Metropolitan police commissioner, has blamed Home Office foot-dragging for a failure to change the rules to allow forces to sack officers who fail vetting procedures, Matthew Weaver reports.

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‘Backsliding’: most countries to miss vital climate deadline as Cop30 nears

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Developing countries urge biggest polluters to act as Trump’s return to the White House heightens geopolitical turmoil

The vast majority of governments are likely to miss a looming deadline to file vital plans that will determine whether or not the world has a chance of avoiding the worst ravages of climate breakdown.

Despite the urgency of the crisis, the UN is relatively relaxed at the prospect of the missed date. Officials are urging countries instead to take time to work harder on their targets to cut greenhouse gas emissions and divest from fossil fuels.

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Green campaigners fear UK to renew subsidies to Drax power station

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Billions of pounds from energy bill payers to run out in 2027 but could be extended as soon as Monday

Green campaigners fear ministers are poised to award billions of pounds in fresh subsidies to Drax power station, despite strong concerns that burning trees to produce electricity is bad for the environment.

Drax burns wood to generate about 8% of the UK’s “green” power, and 4% of overall electricity. This is classed as “low-carbon” because the harvested trees are replaced by others that take up carbon from the atmosphere as they grow.

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GB Energy says it may not meet pledge to employ 1,000 people ‘for 20 years’

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Chair Jürgen Maier also refused to put a date on when the agency would bring down energy bills

It could take 20 years for GB Energy to meet its pledge to employ 1,000 people, its chair acknowledged on Monday.

Jürgen Maier also refused to put a date on when it would bring down energy bills.

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Rosebank oilfield go-ahead decision ruled unlawful by Edinburgh court

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Court says UK government green light for Rosebank and Jackdaw permits does not take into account CO2 emissions

The decision to greenlight a giant new oilfield off Shetland has been ruled unlawful by the courts in a major win for environmental campaigners.

The proposed Rosebank development – the UK’s biggest untapped oilfield – had been given the go-ahead in 2023 under the previous government.

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Renewables break record for share of Australia’s main energy supply in December quarter, data reveals

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Australian Energy Market Operator also reports coal-fired power plants’ contribution fell below 50% for the first time

Renewable power reached a record share of Australia’s main electricity supply in the December 2024 quarter, with the contribution of coal-fired generation dipping below 50% for the first time, the Australian Energy Market Operator said.

Renewable energy sources accounted for 46% of the overall supply mix in the national energy market (NEM), driving quarterly total emissions and emissions intensity to record low levels.

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Origin Energy fined $1.6m after sharing private details of family violence victims

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Company apologises over disclosure of information and collection of debts from vulnerable people

Human error has been blamed after a major energy retailer shared family violence victims’ private details without their consent and for chasing other survivors for unpaid power bills.

Origin Energy has coughed up $1.6m after it was served penalty notices by Victoria’s Essential Services Commission for breaching rules designed to protect the vulnerable cohort.

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Australia’s new chief scientist open to nuclear power but focused on energy forms available ‘right now’

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Prof Tony Haymet says nuclear industry will need to ‘rebuild their social licence’ while noting solar and wind are ‘incredibly cheap’

Australia’s new chief scientist has said he is open to the prospect of nuclear power playing a role in the country’s energy mix, but remained focused on forms of energy that were “available to help us right now”.

On his first day in the job, Prof Tony Haymet said new energy-intensive technologies like artificial intelligence could be powered by renewables, but that he thought serious discussions about nuclear in Australia were likely to be years away.

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The oil crisis fuelled by Russia’s war is evaporating – and so are the profits

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Results from Shell and Exxon this week will be weaker – and Trump’s desire to drill may result in oversupply

Almost three years ago, Russia’s invasion of Ukraine wiped out Europe’s largest source of gas and shocked global energy markets, setting the stage for quarter after quarter of better-than-expected earnings for the fossil fuel producers ready to profit from the volatility. Now those returns are beginning to cool.

But as markets have reduced to a simmer, oil executives have warned that profits are also going off the boil. A glut of new oil and gas projects, stoked by a pro-fossil-fuel agenda from the White House, could mean weaker markets in the future too.

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How the world has responded to Trump’s Paris climate agreement withdrawal

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From Europe to Africa and South America, countries reaffirm commitment to tackle crisis

World leaders, senior ministers and key figures in climate diplomacy have, one by one, reaffirmed their commitment to the Paris agreement this week, in response to the order by Donald Trump to withdraw the US from the pact.

The prospect of the world keeping temperatures to 1.5C above pre-industrial levels, as the treaty calls for, was damaged by the incoming US president’s move. Hopes of meeting the target were already fast receding, and last year was the first to consistently breach the 1.5C limit, but the goal will be measured over years or even decades and stringent cuts to emissions now could still make a difference.

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‘Rising star’: Europe made more electricity from solar than coal in 2024

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Report reveals solar power generated 11% of Europe’s electricity, surpassing coal at 10%

Europe made more electricity from sunshine than coal last year, a report has found, in what analysts called a “milestone” for the clean energy transition.

Solar panels generated 11% of the EU’s electricity in 2024, while coal-burning power plants generated 10%, according to data from climate thinktank Ember. The role of fossil gas fell for the fifth year in a row to cover 16% of the electricity mix.

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