Results season continued this week with gas majors Santos and APA Group getting back to their core businesses.

Results season kicked off this week with AGL and Origin Energy leaning on battery revenue as the energy transition matures.

This week saw Australian governments splashing cash on long duration storage, reviving a hydrogen hub and subsidising EV loans.

A fresh batch of energy market data for the December quarter sent transition optimism to new levels in what continues to be a resilient and lower-cost summer for the grid.

A resilient summer was capped with the extension of two coal-fired power plants as state governments hedged against rising prices

The end of year report dump continued this week, with a tweaked GenCost model and the NEM review getting everyone but Queensland to endorse its final recommendations.

Two major pieces of work landed with a thud this week in the form of the market operator’s draft integrated system plan and the rule maker’s draft pricing review.

This week was all about data centres and system security. The 2025 Transition Plan for System Security from the Australian Energy Market Operator issued a warning on shortfalls in investment as the market decouples from a reliance on coal generators for system security. While the demand from data centres, while significant, might not be as bad as the numbers suggest.