Latest Australian Energy Market News

Advent Energy, in which MEC Resources holds a 37.95% stake, will challenge a Federal Court judgment on the PEP11 offshore gas exploration permit, with its subsidiary Asset Energy leading the appeal.

Lakes Blue Energy is positioning its Wombat Gas Project as a key contributor to Victoria's energy security and emerging AI infrastructure, with a conceptual study projecting a post-tax NPV10 of A$605 million and first gas in early 2029.

Livium is positioning its Envirostream subsidiary to capitalise on the growing battery recycling needs from Australia's booming AI data centre sector, leveraging its EPA-licensed facilities and national network.

1414 Degrees has cleared a key technical hurdle at its Aurora Energy Precinct in South Australia, moving its Stage 1 battery storage project into commercial transmission negotiations amid strong interest from major data centre players.

Strike Energy’s South Erregulla Power Station has completed major construction and started commissioning, advancing toward its October 2026 target for commercial operation.

Delorean Corporation’s SA1 Salisbury bioenergy project has secured accreditation under GreenPower’s Renewable Gas Certification, enabling it to issue Renewable Gas Guarantee of Origin certificates and strengthen its role in Australia’s renewable gas market.

Red Sky Energy has kicked off site preparation for a drilling campaign targeting two wells at Yarrow and one at Willowie in South Australia’s Innamincka Dome, aiming to leverage existing infrastructure for efficient gas production.

The ACCC has approved Ampol’s acquisition of EG Australia, mandating the sale of 41 overlapping fuel retail sites to Metro Petroleum to maintain competition across 39 local markets.

QPM Energy is positioning its Isaac Energy Hub and 112MW Isaac Power Station to meet surging data centre electricity demand forecast to reach up to 35 TWh by 2036, amid coal plant retirements and rising grid pressures.

Synertec Corporation has signed a non-binding MoU with Hitachi Energy to jointly develop battery energy storage systems and microgrid solutions targeting Australia’s booming energy and data centre sectors.

Frontier Energy has appointed Jamie Cullen as Executive Chair and is closing in on binding senior debt terms to fund its Waroona Renewable Energy Project, while finalising contracts with tier one suppliers and divesting a non-core asset.

QPM Energy has secured critical approvals and financing milestones for its 112MW Isaac Power Station, alongside a significant upgrade to its Moranbah Gas Project reserves, positioning it as a key energy supplier in Queensland.