Global Law firm Ashurst has advised AGL Energy Limited on its end-to-end contractual suite for the customisation of Kaluza Ltd's energy billing platform, the migration of AGL's customer base to the Kaluza platform, as well as the acquisition of a 20% equity interest in Kaluza. The cash consideration to be paid by AGL for the equity investment is ~AUD$150m, valuing Kaluza at ~AUD$750m.
GUEST OPINION: The proposed new cyber legislation and Australia’s cyber security strategy of 2030 sets a clear objective for making Australia a leader in cyber safety.
Web3 startup PowerPlay says it is on a mission to revolutionise the way Australians manage their energy consumption by enabling access to cheaper, renewable energy to people who are unable to install their own solar panels, like renters and those living in apartments.
Electricity price rises have been significant and unprecedented in recent weeks, according to the ACCC latest Electricity Markets Inquiry report.
Australia’s electricity systems face several key challenges, including ageing infrastructure, increasing complexity, and the need for investment in transmission and distribution, according to Australia’s national science agency, CSIRO.
The Australian Renewable Energy Agency (ARENA) has announced $495,680 in funding to the Grid Innovation Hub at Monash University to conduct a desktop study exploring how to manage unstable and weak parts of the electricity grid.
The Australian Government has funded the Australian Renewable Energy Agency to the tune of $2.4 million to run a vehicle-to-grid trial in Canberra, using 51 Nissan Leaf electric vehicles.
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