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Energy

Power reform delayed to appease unions: Nalder

A move that could dramatically reduce power bills for Perth residents is on the backburner, despite a similar process taking place in other parts of the state, so the government can appease unions, according to shadow energy minister Dean Nalder.

Woodside, BHP in Scarborough JV

Woodside Petroleum has taken a small step on the potential Scarborough LNG project, signing an agreement with co-owner BHP Billiton to become the operator of any future development and granting the miner an option to increase its share of the project by 10 per cent.

NRW, Tempo secure contracts

Two local contractors have secured more than $70 million of work, with NRW Holdings locking in a $37 million contract at Rio Tinto’s Marandoo mine in the Pilbara.

Green China opportunity for WA

Opportunities will grow in the environmental protection and energy efficiency space for Australian exporters as China looks to go greener, according to Chinese deputy consul general Anlin Sun.

Positive return for Paladin

Uranium miner Paladin Energy made a positive return to the ASX today following a tumultuous period during which it announced a recapitalisation deal that left shareholders with 2 per cent of the company’s equity.

Origin predicts growth in WA as more entrants come

Sydney-based Origin Energy has signed up close to 5,000 Western Australian retail gas customers since launching in the Perth market in October.

Carnegie JV in $7m solar win

Carnegie Clean Energy’s joint venture with contractor Lendlease has won its second contract in a week, with the partnership to design, construct and operate a $7 million solar project in NSW.

Simply Energy to enter Perth gas market

An east coast energy retailer backed by a French multinational will become the fifth player selling to consumers in the local gas market, after receiving approval by the Economic Regulation Authority today.

Zenith up on promising guidance

Shares in remote power provider Zenith Energy were up 7 per cent today as the company announced an unaudited before tax profit of up to $11 million for the first half of the financial year.

Synergy privatisation deal faces rule change risk

Changes to the accounting treatment of leases to be introduced next year could pose problems for the state government’s financial boffins, bringing numerous contracts onto agency balance sheets, including potentially $1.3 billion worth in the case of power generator Synergy.

AGL secures foothold in domgas market

Sydney-based energy supplier AGL Energy has secured 7,000 customers in Western Australia since its July 2017 local launch, according to the company’s half-yearly report.

Carnegie JV in Kalbarri microgrid win

A joint venture between a subsidiary of Carnegie Clean Energy and contractor Lendlease has won $6.8 million of work to install and operate a renewable powered microgrid in the Mid West town of Kalbarri.

Wyatt opens up Pilbara electricity market

The state government has opened up the Pilbara electricity market to greater competition after privately-owned Alinta Energy applied last year to gain access to state-owned Horizon Power’s network.

Paladin recapitalisation approved

Uranium miner Paladin Energy has confirmed the approval of its recapitalisation deal, which will leave existing shareholders with a 2 per cent stake in the company, and appointed Daniel Harris and David Riekie to the board.

Retaining talent with data training

The increasing uptake of automation, artificial intelligence, and digital technologies in the resources sector has led Core Skills to launch a pilot program designed for mining and energy employees.

Redmile to take helm at Perth Energy

Local electricity retailer Perth Energy is planning a leadership change, with chief development officer Giles Redmile to take over as chief executive in mid-February as current boss Andrew Rowe moves back to the engineering industry.

LNG Australia's third biggest export: Energy Quest

Australian LNG export revenue grew 44 per cent in 2017 on the previous year to $25.8 billion, making the commodity the nation's third biggest export earner, according to consultancy Energy Quest.

Goldsworthy, Skira to Power board

Former Rio Tinto executive Denise Goldsworthy and former Water Corporation chair Eva Skira have been appointed directors of Western Power, replacing Sharon Warburton and George Cash.

Western Power signs up Bonfire

Western Power has engaged digital marketing agency Bonfire to broaden the utility’s engagement with customers beyond the traditional means.

Nalder pans power pricing as disconnections grow

The number of electricity users disconnected for failing to pay bills increased around 60 per cent in Western Australia in the 2017 financial year, while more than 10,000 electricity users were on a hardship program, according to a report released by the Economic Regulatory Authority today.

New energy connections lower

The number of new gas and power connections in Western Australia fell in the year to June, an outcome of the slowing property development market, according to the Economic Regulation Authority.

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