Australian energy ministers at state and federal levels have agreed to strengthen the powers of energy regulators and allow the market operator to obtain and store gas supplies to curb the energy crisis. Federal Energy Minister Chris Bowen convened a meeting with his state and territory counterparts on June 8, in which they put forward…
Australian Government to Grant Regulators More Powers to Tackle Energy Crisis
Labor Government Says Coal Fired Power Must Be Switched on to Deal With Soaring Energy Costs
June 7, 2022
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Angus Tayloranthony albaneseAustraliaBusiness & MarketsChris Boweneconomic policiesenergygas pricesInternationalMadeline KingWorld
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The new Australian government has called on the energy producers to bring coal-fired power stations back online as the country continues to look for ways to deal with soaring energy prices. Resources Minister Madeline King told Radio National on June 7 that while meetings with gas producers like Santos had been constructive with some companies already…
Australian Energy Crisis: Government Needs to Talk to Gas Companies Not Itself, Nationals Leader Says
Nationals Leader David Littleproud said the Labor government currently needed to work with gas companies to address the emerging energy crisis but that it had torn down relationships with the energy sector over the years. Southeastern states are currently experiencing a gas supply shortage, with demand spiking as a cold front moves through and coal-fired…
Australian Ministers to Meet to Tackle Energy Crisis
Australian ministers at both state and federal levels will meet to address the energy crisis sweeping through the country. Deputy Prime Minister Richard Marles said the federal government would consider employing all possible measures to improve gas supplies across the east coast. “We’ll be meeting with the regulator (and) with our state counterparts in a…
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