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Category: Energy

NEW REPORT: THE GAS-LED WHYALLA RESCUE PROMOTED BY BLUESCOPE WOULD COST TAXPAYERS BILLIONS & UNDERMINE GREEN IRON & STEEL

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A new report by think tank Climate Energy Finance, endorsed by The Superpower Institute, warns that locking in high-emissions methane fossil gas in a ‘transition phase’ for Whyalla Steelworks in South Australia would be a grave strategic misstep with damaging budgetary and national interest impacts.   The Steelworks entered forced administration in February 2025 after … Continued

LibertyStream and Packet Digital Sign MOU for U.S. Lithium Carbonate Supply Supporting Cathode Material Production for Next-Gen Battery and Power Systems in Military and Industrial Applications

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LibertyStream Secures Approximately $2.7 Million in Gross Proceeds through a combination of non-dilutive grant funding and option and warrant exercises, including participation from a board member and its largest institutional shareholder Proceeds Will Support Strategic Initiatives in Texas and North Dakota, including lithium carbonate refining and near-term operational mobilization DALLAS–BUSINESS WIRE– LibertyStream Infrastructure Partners Inc. … Continued

Why resilience won’t future-proof Australia’s supply chains

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By Farokh Ghadially, Vice President – Secure Power, Pacific Zone, Schneider Electric   The last five years have placed unprecedented strain on global supply chains. Geopolitical tensions, trade wars, natural disasters and the global pandemic have revealed vulnerabilities across industries. Today, these challenges are the norm, not the exception – we’ve moved from the era … Continued

Regulator seeks feedback on Victorian default offer and suitability of free power period

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The Essential Services Commission is seeking feedback on its approach to setting Victoria’s default electricity price for 2026-27 and the suitability of a regulated free power period for residential customers. The commission independently reviews the Victorian Default Offer (VDO) each year. It is a fair, independently set electricity price that:  gives Victorians access to a … Continued

Dubai Electricity and Water Authority PJSC Announces Record Breaking Revenue of AED 25 Billion and Operating Profit of AED 8.3 billion for the First Nine Months Ending Sept 2025

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DUBAI, United Arab Emirates–BUSINESS WIRE– Dubai Electricity and Water Authority PJSC: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251112162153/en/ HE Saeed Mohammed Al Tayer, MD & CEO of DEWA (Photo: AETOSWire) Record nine months of 2025 Results AED 24.9 billion AED 13.1 billion AED 8.3 billion AED 6.8 billion +5.9% YoY +11.9% … Continued

Note to Libs: blocking renewables will increase power prices

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In response to the Liberal Party’s announcement that it will abandon the target to reach net zero emissions by 2050, but will remain in the Paris Agreement, ACF’s national climate policy adviser Annika Reynolds (they/them) said: “Abandoning net zero by 2050 undermines the rollout of low-cost renewables and will do nothing to help Aussie families … Continued

Venture Global and Mitsui Announce 20-Year LNG Sales and Purchase Agreement

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Venture Global’s third long-term contract with a Japanese company 6.75 MTPA of long-term contracts signed by Venture Global to date in 2025 ARLINGTON, Va.–BUSINESS WIRE– Today, Venture Global, Inc. (NYSE: VG) and Mitsui & Co., Ltd. of Japan announced the execution of a new, long-term liquefied natural gas (LNG) Sales and Purchase Agreement (SPA). Under … Continued