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Energy & Climate Summit

The Australian Financial Review’s Energy and Climate Summit promises provocative and forward-looking debates on how Australia can navigate the complexities of the transition and ensure clean, reliable and affordable energy.

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Costs of transmission projects could rise further, advisers warn.

Energy bill fears grow as transmission costs blow out

Billions of dollars of cost blowouts in transmission announced so far this year have fuelled worries about rising electricity bills for households and business.

  • Updated
  • Angela Macdonald-Smith
Oppositon energy spokesman Ted O’Brien at the Financial Review Energy & Climate Summit.

CSIRO might revise nuclear power cost claims

The CSIRO says it is prepared to reconsider its estimate that nuclear power would cost up to twice as much as that generated by firmed renewables

  • Phillip Coorey
Oppositon energy spokesman Ted O’Brien at the Energy and Climate Summit.

Coalition pledges nuclear details before Christmas

The sheer upfront cost of nuclear energy requires taxpayers to build and own the seven nuclear power plants, the opposition says.

  • Phillip Coorey

Singapore gives early green light to Mike Cannon-Brookes’ Sun Cable

The venture intends constructing a large solar plant in Australia’s north before shipping power to Singapore using an undersea cable.

  • Primrose Riordan and Angela Macdonald-Smith

Match overseas incentives to spur Australia’s green exports

Big companies say Australia needs to get on the front foot and match the tax credits, mandates and consumer subsidies to drive green exports and industry.

  • Ayesha de Kretser
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October

Danish Aleemullah speaks at the Australian Financial Review Energy & Climate Summit in Sydney.

Why investors still have ‘great opportunity’ on the net zero path

Despite higher interest rates, foreign currency fluctuations and commodity price volatility, investors still see Australia as set for “a rapid amount of growth”.

  • Ronald Mizen
Opposition energy spokesman Ted O’Brien speaks on Tuesday.

Only the Coalition has credible plan to close coal

Labor’s real game plan is to “extend and pretend”.

  • Ted O'Brien
Matt Kean.

Batteries, solar and maximising the grid pushed to save 2030 target

The Albanese government will need further measures to boost the uptake of renewable energy, or miss its 2030 target, climate tsar Matt Kean has warned.

  • Angela Macdonald-Smith and Phillip Coorey
Whether nuclear power should help replace retiring coal power stations is a major topic of debate.

Cheaper power, better pay in towns that house nuclear: Coalition

Opposition energy spokesman Ted O’Brien puts forward his case for nuclear power.

  • Phillip Coorey
Origin Energy CEO Frank Calabria said green hydrogen is too risky and developing too slowly to be of interest any more.

Huge cost cuts needed in solar for hydrogen to work: ARENA

The cost of solar power needs to fall by about two-thirds for green hydrogen to work in Australia, says ARENA CEO Darren Miller.

  • Angela Macdonald-Smith
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Australian Energy Market Operator chief executive Daniel Westerman.

Nuclear too slow to replace coal by 2035

Despite the concerns, some executives and the energy market operator said nuclear should be left on the table as a potential energy source in the long term.

  • John Kehoe and Jenny Wiggins
Minister for Climate Change and Energy Chris Bowen speaks at the Energy & Climate Summit in Sydney.

‘All-too-hardism’ clouds the energy transition’s bigger picture

Chris Bowen’s opening address to The Australian Financial Review’s Energy & Climate Summit took issue with a “pessimistic” narrative.

  • The AFR View
Chris Bowen won’t say when we will see the 2035 emissions reduction target.

2035 emissions target unlikely before election, Bowen suggests

Chris Bowen has hinted that Australia’s 2035 emissions reduction target won’t be announced until later next year.

  • Phillip Coorey
Origin Energy chief executive Frank Calabria says there is progress on our long energy transition.

Energy is a mess. But there’s light at the end of a 30-year tunnel

It’s not going to be easy, but a road map for the energy transition is taking shape and progress is occurring, even if it’s hard to see.

  • James Thomson
Why BlueScope needs gas for green transition
1:12

Why BlueScope needs gas for green transition

BlueScope head of climate change Anna Matysek tells the AFR Energy & Climate Summit iron-making is the "highest abatement use case for gas".

  • Updated
Bluescope Steelworks, Port Kembla.

Bank ban on gas at odds with net zero transition: energy CEOs

Rob Wheals, CEO of the Andrew Forrest owned Squadron Energy, says debanking gas projects is “a problem” given how important it is to underpinning renewables.

  • Ronald Mizen
Nuclear 'a completely unrealistic option' for Australia: Bowen
0:39

Nuclear 'a completely unrealistic option' for Australia: Bowen

"What kills the nuclear scheme for Australia is not politics, it's facts and reality," Climate and Energy Minister Chris Bowen member for tells the AFR Energy & Climate Summit in Sydney.

  • Updated
Climate Change and Energy Minister Chris Bowen says the 2030 targets can be met.

Labor supersizes renewables auction to get climate targets on track

Energy Minister Chris Bowen insists the target for 82 per cent of Australia’s power generation to come from renewables by 2030 can be hit.

  • Phillip Coorey and Angela Macdonald-Smith
Climate and Energy Minister Chris Bowen

Energy, manufacturers urge Bowen to rethink on gas

A call to include gas in the Capacity Investment Scheme has exposed divisions between the industry and Chris Bowen

  • Phillip Coorey and Angela Macdonald-Smith
Woodside chief executive Meg O’Neill says WA’s decision to hand responsibility for policing greenhouse emissions to the Commonwealth is “eminently sensible”.

Woodside boss urges states to join WA in ending emissions regulation

State governments should consider leaving the policing of greenhouse emissions to Canberra, Meg O’Neill says.

  • Tom Rabe and Angela Macdonald-Smith
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The electricity system may need at least some gas to operate efficiently.

Gas ignites fight over energy future

Energy Minister Chris Bowen insists there is no reason to underwrite gas projects, but the Coalition and some experts say the technology is essential.

  • Jennifer Hewett
WA Premier Roger Cook argues the state’s gas exports are essential for its trading partners to reduce their emissions.

WA to leave greenhouse gas policing to Canberra

Western Australia will hand responsibility of policing greenhouse gas emissions of major projects to the federal government, using new constitutional legal advice to justify the move.

  • Tom Rabe
A Coalition government would open up a government underwriting system for solar and wind farms to gas power stations.

Gas power emerges as latest battle front in energy wars

A Coalition government would include gas power in an underwriting scheme for the build-out of clean energy generation, shadow minister Ted O’Brien says.

  • Phillip Coorey and Angela Macdonald-Smith
Ampol CEO Matt Halliday describes the refining market as “challenging”.

‘Material miss’: Ampol refining profits smashed

The petrol and diesel retailer has warned of a $100 million profit hit due to a plunge in refining margins and operational disruptions at its Brisbane plant.

  • Angela Macdonald-Smith
Santos chief executive Kevin Gallagher:  a disciplined (but not low-cost) operator

WoodMac bursts the Santos cost bubble

It’s the CEO’s mantra, his muse, his North Star. But is Santos’ low-cost reputation as solid as repetition would make it?

  • Myriam Robin