Insights

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Hornsdale incurs $900,000 penalty for breaching the National Electricity Rules

Hornsdale Power Reserve Pty Ltd (Hornsdale) has been ordered to pay an agreed pecuniary penalty of $900,000 to the Australian Energy Regulator (AER) for breaches of the National Electricity Rules...

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Greenwashing: Be careful - regulator concern intensifies at home and abroad

Investors’ growing appetite for environmentally and socially conscious companies and products has been met with increased concern about the many ESG claims made by companies. Regulators the world...

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NEM Capacity Mechanism – the first steps

On 20 June 2022 the Energy Security Board (ESB) released its design paper on the capacity mechanism in the NEM.

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Winds of fortune: the tide turns in for Australia’s offshore wind industry

Australia’s new offshore electricity infrastructure legislative framework goes live on 2 June 2022. Regulations are close to being finalised and Victoria is the first state to announce a large...

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April Australian Energy & Resources Market Update

Our update covers mining, oil and gas, electricity and renewable energy.

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Australia’s revamped offshore oil & gas laws go live

Australia’s offshore oil and gas laws were amended in September 2021, and key changes went live on 2 March 2022. A new change of control test will make oil and gas M&A in Australia more complex...

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A duty no more: Full Court rejects EPBC Act duty towards children in landmark appeal judgment

On 15 March 2022 the Full Court of the Federal Court of Australia handed down its eagerly anticipated appeal judgment in the Sharma case. Allsop CJ, Beach and Wheelahan JJ separately found that the...

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The latest word on continuous disclosure

On 7 February 2022, the Federal Court handed down the latest Australian first instance decision on continuous disclosure, this time dealing with production guidance provided by Iluka in 2012 – some...

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Gas Industry – Voluntary Code of Conduct

On 1 December 2021, the Australian Petroleum Production & Exploration Association (APPEA) announced the finalisation of the Voluntary Code of Conduct for the negotiation and development of Gas...

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December Australian Energy & Resources Market Update

Our update covers mining, oil and gas, electricity and renewable energy.

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Forrest & Forrest revisited: Strict compliance requirement reinforced

The Western Australian Court of Appeal has followed the High Court’s strict approach reiterating that mining companies cannot “cure” non-compliant applications for mining leases after the fact...

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The Language of Zero: COP26 glossary

With COP26 fast approaching (31 October 2021 – 12 November 2021), we have put together a quick guide to some of the key words and phrases in the language of climate change and related to the...

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ACCC makes final decision in LNG netback price series review

On 30 September 2021, the Australian Competition and Consumer Commission (ACCC) announced that it had finalised its review of the liquefied natural gas (LNG) netback price series for the east coast...

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Release of NSW’s hydrogen strategy

On 13 October 2021, the NSW Government launched the NSW hydrogen strategy, establishing the Electricity Infrastructure Roadmap for the development of the state’s hydrogen industry.

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October Australian Energy & Resources Market Update

Our update covers mining, oil and gas, electricity and renewable energy.

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Petroleum and Geothermal Energy (Energy Resources) Amendment Bill 2021 (SA) Summary

On 25 August 2021, the Petroleum and Geothermal Energy (Energy Resources) Amendment Bill 2021 (SA) (Bill) was introduced in the South Australian House of Assembly.

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Fundamental changes for offshore oil & gas

Who makes decisions about the development of Australia’s offshore oil & gas resources, and who pays to decommission end-of-life assets, have been high on the news agenda since the owner of the...

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Inquiry into Australia’s oil and gas reserves

The Senate referred an inquiry into Australia’s oil and gas reserves to the Senate Economics References Committee on 19 September 2019. The reporting date for the inquiry has been extended to 2...

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Update on lifting of on-shore conventional gas moratorium

As of 1 July 2021, the moratorium on onshore conventional gas exploration and production that was put in place by the Victorian Government in 2014 was lifted, but a ban on fracking and coal seam...

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CarbonNet and Hydrogen Energy Supply Chain projects enabled under the Victorian OPGGS Amendment Bill

Various commercial projects are now permitted following implementation of a cross-boundary title regime which removes legislative barriers to greenhouse gas storage activities which overlap...

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Energy Legislation Amendment Bill

Victoria’s energy system is rapidly transitioning as Victoria pursues its legislated 2050 net-zero target. To support physical changes to the existing electricity network, regulatory reform is...

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Energy Security Board: Post 2025 Market Design, Options – A paper for consultation

The Energy Security Board (ESB) was established by COAG to develop required changes to the National Electricity Rules to meet the changing needs of the Australian electricity market.

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Hydrogen 2021 Federal Budget Update

On 11 May 2021 the Treasurer of the Commonwealth, the Honourable Josh Frydenberg, handed down the 2021/2022 Federal Budget. Pursuant to the Paris Agreement, the Government has committed to reducing...

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Program to support petroleum exploration and appraisal activities in the Beetaloo sub-basin

On 18 March 2021, the Commonwealth Minister for Resources, Water and Northern Australia, Keith Pitt, announced the opening of the $50 million Beetaloo Cooperative Drilling Program.

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