AGP Executive Report
Last update: 3 hours agoGas Reservation: Labor has introduced legislation for a 20% domestic gas reserve, but the scheme is already facing a likely scale-back before it begins. Industry warns of investment risks, while WA is pressing for stronger protections and Japan has raised concerns. Renewables and Storage: Victoria approved the 1.5GW Warracknabeal wind farm, planned with 600MW of batteries and enough output for about 1.2 million homes. Government figures also show renewable investment has reached a record high, with new funding aimed at solar innovation. Grid Build-out: Acciona won a $455 million contract for WA’s Clean Energy Link – East, while a 960MWh battery has been commissioned in South Australia. Household Pressure: South Australia is seeing a 60% rise in power-disconnection threats, with thousands seeking help as energy costs bite.
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