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Jim Chalmers banks on capital spending to help ease cost-of-living crisis

New treasurer says Labor is ‘not contemplating’ extending fuel excise cut or low and middle income tax offset ....

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AGL plots new big battery, gets sued over coal pollution

AGL plots new big battery, gets sued over coal pollution
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Electricity shock: ACT prices surge 12 per cent

Electricity shock: ACT prices surge 12 per cent
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Taylor's UNGI may underwrite two state-owned hydro projects in Tasmania

15 December 2020
Energy minister Angus Taylor’s stalled Underwriting New Generation Investments program may be deployed to underwrite two new state-owned hydro generation and energy storage projects in Tasmania.
The two projects, unveiled as part of a wider energy deal struck between the Morrison and Gutwein governments that includes federal government investment in the Marinus Link to the mainland, include the expansion of the Tarraleah hydroelectric plant, located on Lake King William in the centre of the state.
The state government-owned utility Hydro Tasmania will also conduct additional works towards the establishment of new pumped hydro energy storage facilities at Lake Cethana, identified as the preferred location for pumped hydro storage facilities that would be the first stage for a larger vision to establish Tasmania as the ‘battery of the nation’. ....

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