AGL faces a serious takeover bid to hasten coal closure

Tech billionaire Mike Cannon-Brookes has launched a takeover bid for troubled energy company AGL, Australia’s biggest climate polluter, to hasten the transition from coal to renewables.

After Origin Energy announced the closure of Eraring coal-fired power station last week, the NSW State Government has announced a clean jobs package for the Hunter.

And Japan has launched a competitive tender process for ammonia created from green hydrogen - but the terms of the bid exclude gas company Woodside’s proposed hydrogen plant in Kwinana, which will be produced partially using polluting gas.

Mike Cannon-Brookes and Brookfield in bid to take over AGL and shut down coal plants earlier

Energy giant assessing unsolicited bid worth up to $8bn from tech billionaire and Canadian investment firm

There’s real power in change – and jobs too
Origin Energy’s decision to bring forward the closure of its Eraring coal-fired power station – NSW’s largest – reflects the reality of a 21st-century power grid, and 21st-century economics, writes Andrew Stock.

Labor’s plans for Cairns North community battery to cut energy costs
A new community battery that will allow solar-equipped households to charge during the day and draw from during the evening is on the cards for Cairns North residents.

Hydrogen hype gets real with big Japanese tender
Australia’s grand hydrogen export ambition faces its first market test with Japan’s largest power generator calling for competitive bids to supply the hydrogen product ammonia as it attempts to cut carbon emissions in its coal-fired power plants.

Stalling net-zero plan action to hurt Australia’s economy more says CSIRO report
Delaying the nation’s path to net-zero will leave the economy smaller and with fewer Australians in jobs, according to a new CSIRO report which reveals the most emissions-heavy industries such as coal mining and agriculture have the most to lose if they postpone action.