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Energy

Infratil weighs-up Perth Energy sale

New Zealand-based investment group Infratil is considering selling its majority stake in local electricity provider Perth Energy, which recently returned to profit after running at a loss for the past three years.

Woodside, ENN pursuing options

Woodside Petroleum has signed a cooperation agreement with Chinese gas company ENN, while it is continuing work on the Scarborough, Browse and Pluto projects.

RAC invests in $15m EV chargers

The Royal Automobile Club of WA has invested in Sydney-based Chargefox’s $15 million rollout of electric vehicle charging stations across Australia, which includes two in Perth.

Govt seeking more info on waste project

Just hours after the developers of a $670 million waste-to-energy project announced they planned to start construction after obtaining all necessary approvals, the state government disclosed it has asked the Environmental Protection Authority to conduct further investigations.

$670m waste-to-energy project to proceed

Construction of Australia’s first large-scale waste-to-energy facility will start this month in Kwinana after investment groups Macquarie Capital and DIF bought the Phoenix Energy project. Once completed at a cost of $668 million, the Kwinana facility will transform waste treatment in Perth.

Coal powers ahead amid political pressure

As the key commodity soars on healthy demand in Asia, big Australian companies may be rueing decisions to offload valuable coalmining assets in the face of intense opposition.

WA battery storage trial launched

A new battery storage trial launched by utilities Synergy and Western Power in Mandurah will allow households to store residual energy from their solar panels and use it during peak periods.

ERA approves Pilbara power line

Alinta has received regulatory approval to build a transmission line linking the Roy Hill mine to Fortescue’s Cloudbreak and Christmas Creek mines, a move that would enable the iron ore miner to continue its shift away from diesel power.

Wammco to install 3MW energy facility

WAMMCO has signed on Queensland-based ReNu Energy to build a 3.1-megawatt bioenergy and solar facility at the sheep meat producer’s Katanning abattoir.

Pacific for Gwalia power job

Pacific Energy has been awarded a contract to install additional generation capacity at St Barbara's Gwalia gold mine as part of an expansion project.

Midway invests in WA biomass

Victorian forestry company Midway has announced plans to invest up to $8 million in two Western Australian biomass companies.

Ellis to lead battery charge

Stedman Ellis has been picked as interim chief executive for the proposed Future Battery Industries Cooperative Research Centre to be headquartered in Western Australia, and will leave oil and gas lobbyists APPEA on Friday.

Bechtel for Pluto train 2

Woodside Petroleum has picked Texas-based Bechtel as the most likely contractor to build a new LNG train at its Pluto facility near Karratha, but has hit a hurdle in approvals for an associated fly-in fly-out camp.

Cape wins Metronet contract

CFC Group subsidiary Cape has secured a power infrastructure contract with Western Power as part of the state government’s Metronet project.

Decmil wins $277m EPC solar contract

Decmil Group has finalised a $277 million contract with Chinese group Maoneng to build a 255-megawatt solar farm in NSW, eight months after signing a memorandum of understanding for the project.

Court blocks FMG report access

Fortescue Metals Group has failed to get its hands on a crucial engineering report at the heart of a legal dispute with Canadian company TransAlta Corporation.

Carnegie CEO departs, asset sales to be renegotiated

Carnegie Clean Energy’s long-serving managing director Michael Ottaviano has resigned, with the company also announcing major updates on three projects and plans to renegotiate its asset sale deal with Tag Pacific.

Bombora secures $19m EU funding

Perth-founded Bombora Wave Power has secured an $18.7 million grant from the European Regional Development Fund, days after Carnegie Clean Energy announced funding delays for its wave energy project in Albany.

ERA orders lower Western Power costs

An overnight decision by the Economic Regulation Authority will put downward pressure on power prices, with network operator Western Power ordered to further tighten its belt in the next four years.

Falling revenue pressure for Synergy

Electricity retailer Synergy hit an after-tax profit of $24.3 million in the year to June, an improvement of $36 million, aided by about $140 million of state government subsidies, while increased uptake of household solar continues to put pressure on revenue.

Softer notes on power competition

The state government appears to be continuing to back away from plans to introduce increased competition in electricity retailing, with Economics and Industry Committee chair Jessica Shaw saying she’d like to see more evidence it would reduce prices.

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