Australia’s mature and stable market has maintained investor confidence and continues to be a leading destination for investment. However, investors face a range of challenges, particularly supply chain constraints and economic instability, due to rising inflation and higher costs of borrowing. ...

In news that will be of particular interest to petroleum titleholders and prospective titleholders in Western Australia, the Department of Mines, Industry Regulation and Safety has released a draft discussion paper outlining expectations for the decommissioning of onshore and state waters petroleum assets. Submissions on the Draft Discussion Paper close on 18 November 2022. ...

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of August, as well as take a closer look at the AEMC's consultation paper on a rule change request to increase the administered price cap. ...

The Australian Competition and Consumer Commission (the ACCC) has released its July 2022 interim report (the Report), which is the 13th interim report in the inquiry into gas supply arrangements in Australia (the Gas Inquiry). ...

As the hydrogen industry begins to grow from pilot to commercial-scale projects, developers are starting to look to project finance and government funding to help pay for the mega-projects required for full commercialisation of Australia's hydrogen industry. ...

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of July, as well as take a closer look at the AEMC's options paper exploring contestability models for transmission required for net zero. ...

In this Insight, we explore how offshore wind developers can understand the Offshore Electricity Infrastructure Act 2021 (Cth) (the OEI Act) regulatory regime through looking at the approach already taken by the offshore oil and gas sector. We compare approaches to merits criteria, regulators and maritime law, and analyse what can be learned, and what questions remain for this emerging sector. ...

The Federal Government has released a consultation paper seeking submissions in relation to the most appropriate mechanisms to secure domestic gas supply in Australia. Written submissions (on either a public or confidential basis) are due by 22 August 2022 via the Department of Industry, Science and Resources website. ...

With so much recent commentary on the perks and pitfalls of a capacity mechanism, this Insight takes a step back and unpacks what we know about the proposal and what it will look like for both generators and retailers in the future. ...

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of June, as well as take a closer look at the AEMC's draft report to improve certainty on the delivery of transmission required for the transition to net zero. ...