On Thursday 7 May 2026, the Minister for Climate Change and Energy Chris Bowen, alongside Resources Minister Madeline King and Industry Minister Tim Ayres announced the details of the proposed East Coast Gas Reservation scheme. This follows almost six months of consultation with industry groups and the gas sector. The reservation scheme will require gas exporters to reserve the equivalent of 20% of their total gas exports, with a requirement to sell that gas to the domestic market… Continue reading East Coast Gas Reservation Scheme
Tag: Energy
Australian Fuel Supply
In response to the ongoing conflict in the Middle East and its escalating impact on the global energy markets, the Australian Government has activated a coordinated national fuel security response. National Cabinet has agreed to a National Fuel Security Plan, a four-stage escalation framework. Australia is currently operating at Level 2 of this framework, with further stages to be engaged should the… Continue reading Australian Fuel Supply
Albanese Government sets a 2035 emissions reduction target of 62-70%
18 September 2025 On Thursday 18 September, Prime Minister Anthony Albanese, Minister for Climate Change and Energy Chris Bowen, and Treasurer Jim Chalmers announced the Albanese Government’s 2035 emissions reduction target. The Albanese Government has set an emissions reduction target of 62-70% cent by 2035 on 2005 emissions levels. The 2035 target is based on… Continue reading Albanese Government sets a 2035 emissions reduction target of 62-70%
Capacity Investment Scheme South Australia-Victoria tender open
19 December 2023 On Monday 18 December, the Capacity Investment Scheme South Australia-Victoria tender opened for bids. This follows the announcement on 23 November of the expansion of the Capacity Investment Scheme to target a total of 32 GW of new capacity nationally to be rolled out from 2024 to 2027. The tender is seeking… Continue reading Capacity Investment Scheme South Australia-Victoria tender open
Capacity Investment Scheme Expansion
On 23 November 2023, Minister for Climate Change and Energy the Hon Chris Bowen MP announced that the Albanese Government, in conjunction with the states, is expanding the existing Capacity Investment Scheme (CIS) and the National Energy Transformation Partnership (NETP) to support the delivery of more reliable, affordable and low-emissions energy. First announced in December… Continue reading Capacity Investment Scheme Expansion