Australia has cleared the construction of a multibillion-dollar undersea power cable between the mainland and renewables-rich island state Tasmania https://t.co/3yfhZhSytr
Australia's Energy Minister issues a statement addressing the Marinus Link project.
Australia Energy Minister Discusses Marinus Link in Statement
The Victorian government, led by Premier Jacinta Allan, has announced a policy shift regarding the use of gas appliances in the state. The new approach permits gas heating in owner-occupied homes and allows existing commercial buildings to continue using gas, while banning gas connections in new commercial constructions starting in 2027. This move has raised concerns among hospitality industry groups and energy analysts, who warn that the ban could severely impact cafes, restaurants, and takeaway outlets still recovering from the effects of the COVID-19 pandemic. Concurrently, at the federal level, Climate Change and Energy Minister Chris Bowen has initiated a comprehensive review of gas market regulations. The review aims to address potential supply shortfalls on the path to net zero emissions by 2050. Bowen has stated that any new gas developments will be required to prioritize supply for the domestic market, with consideration being given to implementing an east coast gas reservation scheme. These developments reflect ongoing tensions between environmental policy goals and economic impacts within Australia’s energy sector.