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Articles for Ausgrid

Yackandandah's community battery may not be 'big' but it's enough to 'petrify' energy providers
3 years, 10 months ago

Yackandandah's community battery may not be 'big' but it's enough to 'petrify' energy providers

ABC  

They may not boast the impressive size of "big batteries" but a growing trend in the energy storage space is being hailed as a game changer for communities and "petrifying" for power companies. "We're confident our community battery project will transform the way solar energy is stored, reduce resident's hip pocket costs, reduce peak demand and support the use of …

Community Energy Market Electricity Renewable Energy Power Solar
Ausgrid asking price revealed too early by NSW Government: auditor-general
6 years, 3 months ago

Ausgrid asking price revealed too early by NSW Government: auditor-general

ABC  

The State Government showed its hand too early and failed to keep records of vital meetings while negotiating the $16 billion lease of the electricity distributor Ausgrid, the NSW auditor-general has found. Key points: 50 per cent of NSW electricity distributor Ausgrid was sold by the State Government for $16.1 billion in 2016 A report into the sale found the …

Price Treasury Report Nsw Ausgrid
Sydney light rail sub-contractor Acciona seeking $1.1 billion after claiming it was misled
6 years, 11 months ago

Sydney light rail sub-contractor Acciona seeking $1.1 billion after claiming it was misled

ABC  

The company building the troubled Sydney light rail project has accused the New South Wales Government of misleading it before it signed up for the project, court documents have revealed. Key points: The Spanish company building Sydney's light rail is locked in a legal battle with the NSW Government The $1.1 billion lawsuit relates to power and water infrastructure which …

Contract Project Sydney Nsw Acciona Ausgrid
Scott Morrison 'frustrated' super funds not investing more of $2 trillion in capital in Australia
8 years, 7 months ago

Scott Morrison 'frustrated' super funds not investing more of $2 trillion in capital in Australia

ABC  

Federal Treasurer Scott Morrison is urging local superannuation funds to invest more of their $2 trillion in savings in major Australian assets being coveted by Chinese investors. Mr Morrison has blocked the sale of the New South Wales power network, Ausgrid, to Chinese interests and has indicated the proposed sale of the S Kidman and Co cattle empire would be …

Australia Chinese Superannuation Savings Morrison Frustrated
Australia's FTA experience backs up Treasurer's Ausgrid decision
8 years, 7 months ago

Australia's FTA experience backs up Treasurer's Ausgrid decision

ABC  

It was a marvellous occasion: cheesy smiles at photo ops, the omnipotent presence of the since-departed trade minister Andrew Robb at signing ceremonies and the promises of endless bounty. When the China-Australia Free Trade Agreement finally was inked in mid-June last year, the Department of Foreign Affairs and Trade described it thus: "China is Australia's largest export for both goods …

China Trade Japan Free Trade Deals Federal Deal
Ausgrid: Bill Shorten questions whether Government blocked lease to please One Nation, Xenophon
8 years, 7 months ago

Ausgrid: Bill Shorten questions whether Government blocked lease to please One Nation, Xenophon

ABC  

Federal Opposition Leader Bill Shorten has suggested the Government is "horse-trading" with One Nation and the Nick Xenophon party by blocking the sale of Ausgrid to Chinese and Hong Kong interests. "There's no doubt the Government is twitchy about the crossbench and you have to wonder if the Government is trying to make One Nation happy and Nick Xenophon happy," …

Government Labor Nation Decision One Nation Treasurer Shorten