The Australian Government has announced new measures to increase Australia’s domestic fuel security.
Prohibiting energy market misconduct (Big Stick) legislation is now in effect.
The Australian Government has announced 17 microgrid projects will receive over $19 million in grant funding.
Energy.gov.au has added new industry sector and technology pages for businesses. Each page features detailed information on energy efficiency, sustainability and innovation.
A round-up of the latest energy news from Australia and around the world, including the impacts of COVID-19.
On 3 June 2020 the Australian Government signed a lease with the United States to store Australian-owned oil in the US Strategic Petroleum Reserve.
See the full transcript of the signing.
The latest official estimates of Australia’s electricity generation in 2018-19 and calendar year 2019 have been published.
The Australian Energy Statistics for electricity generation cover all electricity generation in Australia, including by power plants and by businesses and households for their own use.
The new data shows 21% of Australia’s electricity came from renewable energy last year, up from 19% in 2018.
The Australian Government is developing a national Technology Investment Roadmap that will drive investment in low emissions technologies to strengthen our economy and support jobs and businesses. This is a key priority on the road to recovery from COVID-19.
An expert panel has looked at opportunities to unlock low-cost carbon abatement across the economy, particularly in the harder to reach sectors of industry, transport and agriculture.
Wholesale electricity prices across the NEM fell to their lowest first-quarter level since 2015 as gas prices continued on the downward spiral established in 2019.