Page 6 - Mount Piper News Today

The asset manager was the front-runner to snare a 50 per cent stake in the electricity supplier from Hong Kong-listed parent CLP Group.

Buying into the generator and retailer would open an avenue for Macquarie to tap the huge opportunity arising from the transition as coal plants close.

Federal and state governments could face massive compensation payments for coal power stations in New South Wales and Queensland.

State government sources’ figure comes on top of estimate of up to $450m for Queensland plant

Company insiders have cast doubt on the estimates coal-fired generators could receive up to $500m amid confidentiality around contracted coal prices

“Bring my little man back,” helicopter victim’s father asks for prayers with 10-year-old on life support; Treasurer Jim Chalmers issues fresh warning on China COVID-19 wave; Beijing threatens retaliation for COVID-19 tests. Follow updates here

EnergyAustralia filed planning applications for four-hour duration large-scale lithium BESS, in Victoria’s Latrobe Valley.

The New South Wales government will stage a competitive tender to secure at least 600 MW of long duration storage as well as 380 MW of firming capacity as the state looks to fill the gap created by the impending closure of the country’s biggest coal generator.

The WA premiers plans to quit coal are in chaos as he concedes the state needs to import coal from interstate, while WA households face another uncertain summer with possible blackouts.

The NSW town is in a hurry to transition from mining and power generation – but attracting new industries has its own pitfalls