Archived News for Energy Sector Professionals - January, 2013
The investment pipeline of mega-resources projects is set to begin to decline after a report released by Deloitte shows that such projects are ‘hurtling towards a peak, likely in 2013’.
South Australia is on the verge of a shale oil boom after two separate prospective resource reports confirmed a massive reserve of oil, which initial estimates value at in excess of $20 trillion.
WA Energy Minister Peter Collier has announced electricity supplies in the Pilbara will be increased with confirmation that work will begin soon on a new $125million power project in South Hedland.
The Victorian Government is seeking feedback on a plan to expand the opportunities for Victorian businesses to participate in the Energy Saver Incentive scheme to reduce their energy use.
Renewable energy sources are projected to account for about half of Australia’s electricity generation by 2049-50, according to the Australian energy projections to 2049-50, released by the Bureau of Resources and Energy Economics (BREE).