Electricity tower in Brisbane. Companies say they are ‘energy agnostic’ but the challenges of introducing a new energy source requiring complex regulations, particularly for the storage and disposal of nuclear energy waste, are steep.Electricity tower in Brisbane. Companies say they are ‘energy agnostic’ but the challenges of introducing a new energy source requiring complex regulations, particularly for the storage and disposal of nuclear energy waste, are steep.
Energy Australia, whose Hong Kong-listed owner CLP currently operates two large nuclear power stations in mainland China, said the company was “committed to Australia’s clean energy transformation, reducing emissions as quickly and affordably as possible while maintaining system reliability”.
Damien Nicks, AGL’s chief, said nuclear energy was not a part of the company’s plans to develop coal and gas plants into low-emissions industrial hubs. “At this stage, our primary focus is adding more supply from these mature low-emissions technologies, however we will continue to watch progress with any emerging technologies that may be able to contribute to emissions reduction over time,” the spokesperson said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Energy stocks GNX: The ASX is not the place for pure energy transition betsThe ASX just hasn’t cracked it as a destination for the next wave of green electricity generators. Genex Power is the latest to be worth more in private hands.
Source: FinancialReview - 🏆 2. / 90 Read more »
How AGL chief executive Damien Nicks went from Deloitte auditor to helming the Australian power companyBecoming a CEO was never a goal that drove Damien Nicks’ career, but when the energy company hit its lowest point, he knew it was the right time to step up.
Source: FinancialReview - 🏆 2. / 90 Read more »
Australia's Prime Minister Promotes Renewable Energy in NewcastleAnthony Albanese, the Prime Minister of Australia, visited Newcastle to emphasize the country's potential as a renewable energy superpower and the government's role in supporting this transition. Newcastle, historically known for coal mining and steel making, has the opportunity to embrace renewable energy and move beyond extraction industries.
Source: abc730 - 🏆 14. / 63 Read more »
Andrew Forrest accuses fossil fuel industry of using nuclear energy to slow renewable transitionAndrew Forrest says the fossil fuel industry is using the prospect of nuclear energy to slow the transition to renewable energy. Mr Forrest says the Inflation Reduction Act is effective at encouraging a renewable energy boom in the US, and Australia should consider similar tax credit policies.
Source: abcnews - 🏆 5. / 83 Read more »
Steve Price calls Andrew 'Twiggy' Forrest a hypocrite over nuclear energy commentsSky News host Steve Price criticizes Andrew 'Twiggy' Forrest for his comments on nuclear energy during his National Press Club address. Price accuses Forrest of hypocrisy for lecturing about green energy while being involved in China's carbon emissions.
Source: SkyNewsAust - 🏆 7. / 78 Read more »