The Federal Government has earmarked $280 million in its Budget 2021 for the roll-out of a 'below baseline' crediting scheme, which was a key recommendation of an expert review led by Grant King (King Review). Here we briefly considers what this means for large emitters. ...

On 21 April 2021, the PNG Parliament passed the National Energy Authority Act 2020 and the Electricity Industry (Amendment) Act 2020. In this Insight we examine the changes made and assess their likely impact on the energy industry. ...

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of April, as well as take a closer look at a new draft determination on system strength frameworks in the NEM. ...

The uptake of small and large-scale renewable energy, and the growth of demand-side technologies, has necessitated a new, fit-for-purpose electricity system that can recognise and respond to the changing energy landscape. In this insight, we discuss the key changes from the ESB. ...

Twinza suspends Pasca A offshore operations; public consultation on new Digital Transformation Bill commences; Parliament adjourned to August 2021; and other developments ...

Allens has advised Santos Limited on the sale to SK E&S of a 25 per cent interest in the Darwin LNG facility and the Bayu-Undan gas fieldUS$390 million. The completion of the sale was announced by Santos on 30 April 2021. ...

Achieving the target of net zero remains at the forefront for the energy industry. As we increase investment in renewables and look for ways to improve efficiencies, new challenges emerge. Helpfully, there are a range of mitigation and management strategies that can be put in place to reduce risk and smooth the transition. In this Insight we outline some of those practical steps, including ones specifically geared towards managing or avoiding potential disputes during the development stages of a project. ...

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of March, as well as take a closer look at the AER's first steps in developing the Wholesale Demand Response Participation Guidelines. ...

The deal sees GIP acquire an effective 26.25 per cent interest in the common facilities, which include LNG storage tanks, jetties and operations infrastructure servicing Queensland Curtis LNG's ...

Semi-scheduled generators, such as wind and solar farms, will face increased exposure to negative price risk following a new rule made by the Australian Energy Market Commission (AEMC). ...