Energy
Updated
AGL Energy
AGL to close SA gas power plant in 2026 as renewables accelerate
AGL will close South Australia’s Torrens Island B gas-fired power plant in 2026 as fossil fuels face pressure from wind and solar undercutting their viability.
- by Nick Toscano
Latest
Energy prices to ‘hollow out’ manufacturing within two years: Chalmers
The federal treasurer says manufacturing will be crippled within years by soaring energy prices as he lays out justifications for market intervention.
- by Mike Foley
Winds of change gather pace for biggest carbon-emitters
The battle for stronger climate ambition for AGL appears far from over, especially now that billionaire investor activist Mike Cannon-Brookes’ board picks have been elected.
- by Nick Toscano
Updated
AGL Energy
AGL board dealt historic defeat as investor revolt installs new directors
Power and gas giant AGL has been dealt a stunning defeat after shareholders elected all four board candidates nominated by activist investor Mike Cannon-Brookes.
- by Nick Toscano
‘Make every watt count’: Push to cut power bills through household reforms
Setting building industry targets to spur demand for energy-efficient options like double-glazed windows could reduce their cost and cut energy bills.
- by Mike Foley
Approvals, price caps seen as biggest risks for $18b Origin buyout bid
Regulatory scrutiny and efforts to tame soaring gas prices are looming as the most likely potential roadblocks to a proposed takeover of Origin Energy.
- by Nick Toscano and Mike Foley
Brookfield plots $20b green power plan for Origin Energy
One of the bidders for power giant Origin Energy has revealed ambitious plans to turn it into the biggest clean energy supplier by the end of the decade.
- by Nick Toscano
Opinion
Opinion
The $18 billion bombshell to turn Origin Energy green
Having missed out on AGL, the heavyweight Canadian investment group Brookfield has left little to chance in its pursuit of its next target.
- by Elizabeth Knight
Updated
Origin Energy
Origin Energy fields $18b takeover bid from Brookfield
Power and gas giant Origin Energy has received a $9-per-share cash offer from a consortium led by Canadian asset management firm Brookfield.
- by Nick Toscano
Orica hopeful as government tries to tame ‘unsustainable’ gas prices
The Australian explosives maker says the market has failed consumers as prices blow out to levels where businesses can no longer cope.
- by Nick Toscano
‘Coal is not the problem’: Coal miners blame gas for soaring power prices
Price caps on gas and coal are being considered by federal government, sparking a backlash from fossil fuel industries.
- by Mike Foley and Nick Toscano