Archived News for Energy Sector Professionals
A report published by the Clean Energy Council (CEC) shows that solar panels installed in Australian homes have increased 35-fold over the last three years.
The report found that over a million Australians now live in homes powered by solar panels.
ALP lifts uranium ban
The Australian Labor Party has voted to change its platform on exporting uranium to India following an impassioned debate at the party’s national conference.
WA announces next underground power initiative
The Western Australian Government and the City of Perth have signed off on the residential Salter Point area to be provided with underground power.
Senate establishes skill shortage inquiry
The Federal Government has announced the formation of a Senate inquiry into the growing demand for infrastructure delivery and shortage of appropriate engineering and trade related skills in the country.
Brisbane short term gas market starts operations
The Short Term Trading Market (STTM) hub in Brisbane has commenced natural gas trading operations.
Arrow Energy's acquisition to be unchallenged by ACCC
Arrow Energy’s acquisition of Bow Energy will go unchallenged by the Australian Competition and Consumer Commission.
Government opens Energy Security Fund
The Federal Government has announced it is now accepting applications from eligible electricity generators for cash assistance under the Energy Security Fund.
Energy and resources exports show healthy increase
The Bureau of Resources and Energy Economics’ (BREE) September quarterly report shows a 4 per cent increase in the value of Australia’s resources and energy exports. The increase brings the quarterly export value to a record $48.8 billion.
Major WA gas deals signed
Chevron Australia has announced the signing of two major gas contracts in Western Australia.
SA passes Olympic Dam bill
BHP Billiton will be free to commence its Olympic Dam expansion after the South Australian Government passed legislation in support of the plan.
Federal Government seeking input for energy efficiency grant structure
The Department of Climate Change and Energy Efficiency (DCCEE) has called for input from stakeholders on the design options for the Energy Efficiency Information Grants Program.
Queensland announces major power upgrades
The Queensland Government has announced major power upgrades, worth over $130 million, to nine significant projects to boost electricity supplies in and around Redcliffe, Caboolture, Morayfield, Deception Bay, North Lakes, Kallangur, Petrie, Narangba and Burpengary.
Nine new petroleum offshore permits awarded
The Federal Government has awarded nine new offshore permits in the second round of the 2010 Offshore Petroleum Exploration Acreage Release to enable petroleum exploration investment worth $380 million in waters off Western Australia.
Stronger CSG regulations in the pipeline
The Federal Government has promised stronger national regulatory frameworks to assess the impacts of coal seam gas (CSG) on the environment in a bid to win key independent’s vote on the minerals resource rent tax (MRRT).
Origin secures renewable energy deal
Origin Energy will be supplied renewable energy after a long-term power purchase agreement was signed with ACCIONA.
NT delivers first mobile power station
The Northern Territory Government has announced the arrival of the territory’s first mobile substation, Nomad B.
ACT tables solar legislation
The ACT Government has tabled its Electricity Feed In (Large Scale Renewable Energy Generation) Bill 2011 before territory parliament.
Sustainable energy to help power coal port
Researchers from the University of Queensland (UQ) are working with the North Queensland Bulk Ports Corporation (NQBP) to create an Australian first “advanced technology” coal terminal Dudgeon Point on the Central Queensland coast.
QUT's new microscope to boost local solar research
A new, $1.5 million nanotechnology microscope is being used by researchers at the Queensland University of Technology to assist in the development of cheap, plastic solar cells to be used in charging mobile appliances.
Geothermal energy could power Australia for 50,000 years
The Northern Territory possesses enough potential geothermal power reserves within 5 kilometres of the surfrace to power to meet Australia’s current annual energy demand for 50,000 years.
Carbon Energy rights issue falls short
Gasification developer Carbon Energy’s rights issue has raised $8.2 million – a $2.2 million shortfall on the capital raising.
Carbon Energy this week announced it had received applications for 68.7 million shares for a total value of $8.2 million under the 1 for 8 non-renounceable rights issue.
This represents a takeup of 79 percent by shareholders.
The Brisbane-based company said it anticipated placing the shortfall in the next three months, lifting the gross proceeds to $10.4 million.
Funds raised are additional to the $10 million convertible loan facility between Carbon Energy and Pacific Road Capital.
Carbon Energy was incorporated in 2006 as a joint venture between Metex and the CSIRO and Others to develop and commercialise the underground gasification of coal deposits.
The company’s aim is to build a world-class business that produces clean energy and chemicals from UCG Syngas.