Kerry Schott to depart Energy Security Board as grid reforms dragged back from brink
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EnergyAustralia to quit coal early as reforms hang in balance
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
12 February 2021
Late last year, as the world spiralled deeper and deeper into health crisis, Australian iron ore magnate Andrew “Twiggy” Forrest wasn’t moping about at home waiting for a vaccine like the rest of us. He was dashing around the planet on a private jet, hunting for green electrons.
His audacious Odyssey took he and his 50-strong team to almost 50 countries, where he met politicians and businesspeople to talk about potential renewable energy projects. In the process he caught COVID-19 and spent three days on oxygen in Switzerland. But he insists it was worth it. His plan is to make his company, Fortescue Metals, a pioneer of cheap green hydrogen, and given the pace of change in this industry, he judged he had no time to lose.
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Bell Bay, at the mouth of the Tamar River, once housed Tasmaniaâs only oil-fired power station. It was built in the 1960s and, when it was decommissioned in 2009, a new plant began operating directly next door â Tamar Valley Power Station â which runs on gas instead.
Today, as the world edges further away from coal, oil and gas, Bell Bayâs sprawling industrial precinct has become the unlikely setting for a new phase of the energy transition, one that is increasingly gaining promise as a missing piece in the push to slow global warming: green hydrogen manufacturing.