Australia, Global Sentinel

Australia news live: BHP to sell more coalmines as profit slides; Woodside logo spray painted on WA parliament

Woman who defaced building is part of direct action campaign by Disrupt Burrup Hub. Follow live

  • Get our morning and afternoon news emails, free app or daily news podcast

Energy ministers to meet on Friday as regulator updates forecasts

Summer is almost done (according to the calendar) and we managed to get through it without significant electricity shortages. A heatwave building across southern Australia in coming days will add some extra demand.

I mean, yes, in nine months have we fixed every single reliability gap for the next decade? No, there’s more work to do.

Am I pleased with what we’ve done? Yes. Am I yet satisfied? No.

You know that this report normally comes out once a year or so, this is a report which has been put out in a much more rapid timeframe because Aemo has reached the view that the guidance they provided last August is out of date because we’ve seen a lot more investment coming through with renewable.

So the sorts of decisions we are making across the board are making a difference on that sort of a timeframe, I expect Aemo will provide further updates.