APA Group CEO Adam Watson says energy systems require “three” standards to be considered effective. “It needs to be reliable, it needs to be affordable, and it needs to be low emissions,” he told Sky News Australia. “Clearly we’ve got our own domestic obligations to be able to take coal out of the energy system, bring renewable power generation to market. “If you look anywhere in the world you’ve got gas playing a critical role to firm up the renewable power generation when the sun doesn’t shine and the wind doesn’t blow. “Demand for gas in Australia is only going to continue to grow.”
APA Group CEO Adam Watson says energy systems require “three” standards to be considered effective.
“It needs to be reliable, it needs to be affordable, and it needs to be low emissions,” he told Sky News Australia. “Clearly we’ve got our own domestic obligations to be able to take coal out of the energy system, bring renewable power generation to market. “If you look anywhere in the world you’ve got gas playing a critical role to firm up the renewable power generation when the sun doesn’t shine and the wind doesn’t blow.
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APA Group sees ‘great opportunity’ to build out capabilities in renewable power generationAPA Group CEO Adam Watson says his company sees a “great opportunity” to build out capabilities in things like renewable power generation. “Look we’ve been around for a very long time as largely a gas pipeline organisation,” he told Sky News Australia. “Transporting gas from a transmission perspective to get it to the distribution networks that eventually get the gas to your homes. “Organisationally they were being under a transformation over the last several years as the energy transition is ramping up as well. “We see great opportunity to build out our capability in areas like renewable power generation, batteries, obviously gas firming is going to play a critical role to build out the renewable power generation.”
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Businesses questioned on the biggest ways inflation has affected themBusinesses have been questioned on the biggest ways inflation has affected them as the August profit recording season concludes. Headline inflation had lifted six per cent in the financial year to June 30th which to businesses meant rising input costs. Companies like BlueScope, which rely on buying raw materials such as coal and iron ore to manufacture steel felt the pressure more than others. For Australia and New Zealand’s largest poultry producer, Inghams, inflation resulted in a sharp increase in the price of chicken feed causing the company to lift chicken prices in Australia by 13 per cent. Australia’s largest insurer, Insurance Australia Group Limited (IAG), says inflation was making repair costs more expensive resulting in gross written premiums being increased by 10.6 per cent over the year.
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Outgoing Qantas CEO to receive $2 million in free flightsDeparting Qantas CEO Alan Joyce has been criticised for the perks he will receive after stepping down from the top job. The 57-year-old is set to benefit from $2 million worth of free flights over the next 20 years and more than $3 million in bonuses this year. This is in addition to the $125 million he has earned during his 15-year tenure at Qantas. Various aviation bodies are urging the airline's board to reconsider Mr Joyce's benefits. Especially as the company faces criticism for charging customers for 'ghost flights'.
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Why an Afghan teenager’s underground book club needs Australia’s helpAs women’s rights have been wound back, one teenager and her friends have found a way to study.
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Why an Afghan teenager’s underground book club needs Australia’s helpAs women’s rights have been wound back, one teenager and her friends have found a way to study.
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Why an Afghan teenager’s underground book club needs Australia’s helpAs women’s rights have been wound back, one teenager and her friends have found a way to study.
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