I noted on Monday how Australia is facing rising energy costs on three fronts: Soaring petrol/diesel prices Rising gas prices Rising electricity prices. The most immediate shock is higher petrol/diesel prices, which have risen above $2 per litre in most capital cities. As illustrated below by Justin Fabo from Antipodean Macro, global oil prices have
Yes, you read that right, you’re about to get power and gas bill cuts. Gas prices have tanked over the last quarter. This is especially striking given the spike in Asian LNG prices above $23Gj. The falling gas price has helped wholesale electricity prices fall over the last five months from an average of $116M/h
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The G7 will bail out the American Idiot with its strategic petroleum reserve after he proposed a 300-400m/b release, roughly a quarter of the total and equivalent to all of the remaining US strategic reserve. This is desperate stuff. Or will it? French Finance Minister Roland Lescure said the Group of Seven is “not there
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As the war in the Middle East continues to drag on, the Trump Administration is seeking a means by which it can be brought to a swift conclusion. One option that is increasingly gaining traction is seizing Kharg Island in the northwestern corner of the Persian Gulf, which currently accounts for 90% of Iran’s oil
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The Australian trucking industry is about to experience an electric revolution, with plunging battery prices turning economics on its head. New Energy Transport’s Daniel Bleakley explains. Plus: News of the week.
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The 2020s are shaping up as a decade to forget for Australian households. According to national accounts data released last week by the Australian Bureau of Statistics (ABS), real per capita household disposable income—arguably the best indicator of material living standards—remained stuck in the low growth zone in 2025, still tracking 3.9% below the COVID-19
All Australian homes should receive a score out of 10 for energy efficiency before they can be sold or rented, experts say, as part of an expansion to a national assessment program.
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Australian surf brand Bolero Surf has partnered with Spanish energy giant Acciona to make surfboard fins from recycled wind turbine blades in the hope of creating a new Australian manufacturing industry. The Bolero Surf fins are the first commercially available product to come out of Acciona’s ‘Turbine Made’ initiative which it launched in February 2025. […]
Spanish wind giant buys wind farm that was once the biggest in Australia, and which it hopes to free from grid constraints with the addition of new transmission lines.
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Victoria’s second-largest big battery poised to charge up, next to the state’s biggest gas generator
Victoria's second-largest big battery, constructed next to the state's biggest gas generator, has joined the grid management system.
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Australian personnel aboard a US nuclear submarine during an attack on an Iranian vessel highlight the deeper implications of AUKUS – and the risk of Australia being drawn into American wars.
A congressional committee has voted to summon US Attorney General Pam Bondi to testify about the investigation into convicted sex offender Jeffrey Epstein.
The motion to subpoena Bondi was introduced by Nancy Mace, a Republican lawmaker, who accused the justice department of a "cover-up".