Battery storage + solar shifting: Australia’s battery boom is already changing how solar is used, with enough grid storage installed in 2025 to shift 53% of new solar output beyond daylight hours, helping smooth evening peaks as coal plants near retirement. South Australia reliability push: SA is also moving fast on storage, awarding 1.3GW+ of battery projects in its Firm Energy Reliability Mechanism push. Data centres chasing clean power: Google, European Energy Australia and AirTrunk are preparing the 25MW Mulwala Solar Farm in NSW, aiming to supply renewables for AI-driven data centre demand. LNG partner reshuffle: BP will sell 5% of its Browse LNG stake to South Korea’s GS Energy, cutting BP’s interest to 39.33% as LNG buyers diversify away from Middle East supply risk. Gas policy pressure: Chevron warns Australia faces fuel shortage risk tied to policy choices, while debate continues over gas reservation and export reliability. Geopolitics hitting energy markets: US-Iran tensions and Hormuz uncertainty are keeping oil and risk sentiment volatile, with Australia’s market trading cautiously. PNG investment message: Papua New Guinea PM James Marape used the Australia-PNG Business Forum to reassure investors on reforms and to stress that power and infrastructure are key to broader economic gains.