ACCR

What happens when the sun don’t shine and the wind don’t blow? The lights stay on, the grid turns to back-up generators, and we continue on with the green energy transition. A high renewables grid will need a lot less gas capacity than previously thought. reneweconomy.com.au/australia-just…

The evidence for the role of gas in the energy transition isn't supported by Woodside's latest number crunching. WA takes the lion's share from Browse and the rest of the country takes a haircut. theenergy.co/article/woodsi…

The UN General Assembly adoption sends a strong message that tackling the climate crisis is a legal duty under international law, and not just a political choice. “The world’s highest court has spoken,” responded Mr. Guterres. news.un.org/en/story/2026/…

ACCR’s Nick Mazan attended the Shell AGM on Tuesday. He challenged the company on maintaining a bullish LNG outlook as the clash between short-and long-term vision dominated the agenda. netzeroinvestor.net/news-and-views…

This is the nature of climate-financial cascades: physical shocks trigger economic stress, which in turn drives financial instability. Importantly, these are not slow, incremental impacts. They are often rapid and compounding. accr.org.au/insights/clima…

“Persistent supply uncertainty would accelerate efforts to diversify away from imported LNG, supporting coal resilience and faster growth in renewables and electrification across Asia and Europe,” said Wood Mackenzie VP of Gas Research Massimo Di Odoardo. naturalgasintel.com/news/wood-mack…

"It is surprising and concerning to hear that Shell sees little reason to review its thinking on LNG demand growth in countries that have been severely impacted by the expensive and volatile nature of LNG" warned Nick Mazan. netzeroinvestor.net/news-and-views…

The energy industry flooded Australia with advertising arguing against a 25% tax on oil and gas exports, increasing its media expenditure by half compared to a year before. The proposed policy was ultimately rejected by Prime Minister Anthony Albanese. smh.com.au/business/compa…

“Shell’s resistance to reevaluating its major bet on LNG, in light of the biggest shock to energy markets, suggests a degree of path determinism in its thinking that is likely to unsettle investors,” Nick Mazan, oil and gas strategy lead at ACCR said. ipe.com/news/shell-agm…

The IEA is tracking policy measures adopted by countries in response to the unfolding energy crisis. The tracker provides up-to-date overviews of actions being implemented to conserve energy and support consumers around the world. iea.org/data-and-stati…

The oil and gas crunch caused by the war between the U.S., Israel, and Iran, has cost global businesses $25 billion, Reuters reported today, adding that the bill is going to climb higher still. oilprice.com/Latest-Energy-…

Americans have spent roughly $45 billion more on gasoline and diesel since the Iran war and Strait of Hormuz disruption began, with lower-income households hit hardest by soaring fuel costs. oilprice.com/Energy/Crude-O…

As the first big batteries came on line, they started to nibble into the evening peak. Then, as numbers grew, they ate more and more of the peaking gas generators’ party mix until – in March and April this year – they have pretty much eaten the whole lot. reneweconomy.com.au/big-batteries-…

Given that the impact of the war is already showing up in higher energy and food prices and spikes in inflation and interest rates around the world, the longer the war continues, the more destructive its economic effects will be. smh.com.au/business/marke…

Pakistan aims to generate 95% of its electricity from renewable sources by 2040. The country plans to raise renewable electricity generation to 50% by 2035 and phase out or convert 14GW of fossil fuel-based power plants by the same year. propakistani.pk/2026/05/10/pak…

AGL Energy’s plans to build another battery energy storage system (BESS) in New South Wales coal country have been granted environmental approval by the federal government. reneweconomy.com.au/agl-gets-feder…

After years of aggressive expansion led to about $200 billion of impairments over the past ⁠decade, the industry has pivoted towards capital discipline and prioritising shareholder returns. Investors who once rewarded growth now demand high cash flow. reuters.com/commentary/reu…

Our ‘Fork in the Road’ analysis shows that for Woodside at this point in time, ceasing oil and gas exploration and development would generate almost $3 billion more NPV than a business-as-usual strategy. accr.org.au/research/fork-…

ACCR found: 🔸Browse is more expensive than 70% of the world’s unapproved gas projects. 🔸Not developing Browse, Sunrise and Calypso would move Woodside towards Paris alignment by avoiding 80% of the emissions from its pre-FID upstream portfolio. accr.org.au/research/what%…

Reuters is reporting that Woodside’s proposed Browse development is now projected to cost about A$48.7 bn (US$35.2 bn), up considerably from its last estimate in 2019, when it was forecast to cost A$27.3 bn (US$19.8 bn). reuters.com/business/energ…