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Electricity bills will climb without building infrastructure: minister
Electricity bills will climb without building infrastructure: minister

AU Financial Review

time01-08-2025

  • Business
  • AU Financial Review

Electricity bills will climb without building infrastructure: minister

Victorian Energy Minister Lily D'Ambrosio has continued to back the contentious VNI West transmission project despite its surging costs, which the energy market operator estimates have doubled to more than $7 billion. D'Ambrosio said she was 'absolutely convinced' electricity bills would climb without building the transmission infrastructure needed to connect large-scale solar, wind and battery projects to the electricity grid.

Secret tunnel city stretching 985ft below Rome is uncovered after vast labyrinth was sealed more than a century ago
Secret tunnel city stretching 985ft below Rome is uncovered after vast labyrinth was sealed more than a century ago

The Irish Sun

time26-07-2025

  • The Irish Sun

Secret tunnel city stretching 985ft below Rome is uncovered after vast labyrinth was sealed more than a century ago

A STUNNING piece of Rome's past has been uncovered after being sealed off more than a century ago. This network of dimly lit tunnels under the Capitoline Hill could soon become the latest attraction in the history-rich city. 5 Work is now underway that will see them become another must-visit site Credit: CNN 5 The tunnel network had been an integral part of the city since the days of Ancient Rome Credit: CNN 5 Artefacts that were discovered during past excavations are being brought down to the complex Credit: CNN 5 The secret underground city covers some 42,000 square feet under the Ancient Roman Forum Credit: CNN "No one has seen these The secret underground city covers some 42,000 square feet under the Ancient Roman Forum - and reaches depths of 985 feet below the surface. Known as the Grottino del Campidoglio, these tunnels were mostly But work is now underway that will see them become another must-visit site for Rome's tourists. read more in world news It is expected to be Before they were sealed off, the tunnel network had been an integral part of the city since the days of Ancient Rome. They were further developed in the Middle Ages and were in use as recently as the 1920s. "The area has never before been opened to the public as it will be," D'Ambrosio told CNN. Most read in The US Sun "It was utilised by the population, used as warehouses, shops, taverns, but never as a site to visit as it will be." The tunnels bear signs of the one thriving communities they housed, including shops, taverns and restaurants. Erling Haaland rocks bold outfit as Man City star enjoys day out in Rome with girlfriend Isabel Johansen Some parts of the network are lined with bricks, which the broadcaster says shows signs of development and use in the 19th century. Work to make the tunnels ready to receive tourists and visitors is currently underway. Archaeologists had used laser scanning to map the spaces through out the vast complex. "The proposed interventions are aimed, on the one hand, at safeguarding the monument, through the restoration and safety of the structures, and, on the other, at enhancing its accessibility and usability, which is currently extremely limited," a spokesperson for project lead Insula architecture group said. "The Campidoglio Grottoes project envisions conservative restoration and enhancement of the underground passageways and cavities that wind through the hill, crossing it in various directions and on multiple levels." This work includes managing the release radon gas, which comes from the area's volcanic rock. It will see specialist filters installed at the site to ensure it is safe. There will also be a museum space on the upper level, as well as disabled access for visitors. Artefacts that were discovered during past excavations are being brought down to the complex so they can be studied there. "To an archaeologist everything is interesting," D'Ambrosia told CNN. The tunnels are believed to have had a wide range of uses throughout their long and fascinating history. They are said to have first been used as stone quarries and then as water cisterns - before featuring residential and commercial structures. In one part of the tunnels, it is even possible to see the foundations of the Temple of Jupiter. 5 There will also be a museum space on the upper level, as well as disabled access for visitors

‘Not about being dishonest': D'Ambrosio says grid bill still unknown
‘Not about being dishonest': D'Ambrosio says grid bill still unknown

AU Financial Review

time06-06-2025

  • Business
  • AU Financial Review

‘Not about being dishonest': D'Ambrosio says grid bill still unknown

Victorian Energy Minister Lily D'Ambrosio admits the state government will know the total cost of its multibillion-dollar renewable energy plan only once all the contracts involved are signed over the coming years. D'Ambrosio was grilled at length about estimates that the transition plan would cost $20 billion, or more than four times the $4.3 billion set out by the government last month. She said the $20 billion figure – first reported by The Australian Financial Review – was wrong but could not say what the cost was or what the impact on energy bills would be.

One of Australia's biggest energy company compares Victoria to North Korea
One of Australia's biggest energy company compares Victoria to North Korea

Sydney Morning Herald

time28-05-2025

  • Business
  • Sydney Morning Herald

One of Australia's biggest energy company compares Victoria to North Korea

D'Ambrosio on Wednesday said a combination of lower demand and new gas investment – including a $350 million ExxonMobil and Woodside program to drill new wells in Bass Strait – had helped push out the market operator's forecast gas shortfall from 2028 to 2029. Loading The Victorian government had approved the only new application for a gas production permit it had received in the past 10 years, and was seeking to fast-track other approvals, she added. 'We've always said gas is part of our energy transition,' D'Ambrosio said. 'We're working to bring on more gas supply.' There are eight gas-exploration permits onshore in Victoria and three exploration permits in offshore Victorian waters. Speaking at the Australian Energy Producers (AEP) conference in Brisbane on Wednesday, Gallagher said ambiguity over state and federal environmental approvals processes made Australia one of the most difficult places to sanction new investments. 'We've got 100 years of gas under our feet,' he said. But only a 'fraction' of Australia's known prospective gas basins were presently in development, he said. Work ground to a halt at Santos's $5.8 billion Barossa gas project off the Northern Territory in 2023 after environmental lawyers secured last-minute legal orders to block the construction of a pipeline by arguing the company had not adequately consulted Tiwi Islander traditional owners – claims that were later dismissed. Loading Its controversial Narrabri gas project in northern NSW, which could deliver up to half of NSW's natural gas needs, has also run into years of delays amid legal appeals and objections from environmental activists, some landholders and the Gomeroi traditional owners, who fear the plans to drill 850 gas wells could inflict irreversible damage on their culture, lands and waters and worsen global warming. Federal Resources Minister Madeleine King this week put oil and gas executives on notice that the re-elected Albanese government will make them do more to avert local energy shortfalls. Speaking at the AEP conference on Tuesday, King said Australians were 'tired of seeing our vast gas resources exported overseas' while paying high prices at home. Some Australian LNG producers were 'doing the right thing' in ensuring the market had enough gas, added King, who pointed to agreements struck this year to divert an extra nine petajoules of gas to stave off a quarterly supply deficit. 'I thank them for that,' she said. 'But there remains a lot of work to do to ensure the domestic market remains well supplied.'

One of Australia's biggest energy company compares Victoria to North Korea
One of Australia's biggest energy company compares Victoria to North Korea

The Age

time28-05-2025

  • Business
  • The Age

One of Australia's biggest energy company compares Victoria to North Korea

D'Ambrosio on Wednesday said a combination of lower demand and new gas investment – including a $350 million ExxonMobil and Woodside program to drill new wells in Bass Strait – had helped push out the market operator's forecast gas shortfall from 2028 to 2029. Loading The Victorian government had approved the only new application for a gas production permit it had received in the past 10 years, and was seeking to fast-track other approvals, she added. 'We've always said gas is part of our energy transition,' D'Ambrosio said. 'We're working to bring on more gas supply.' There are eight gas-exploration permits onshore in Victoria and three exploration permits in offshore Victorian waters. Speaking at the Australian Energy Producers (AEP) conference in Brisbane on Wednesday, Gallagher said ambiguity over state and federal environmental approvals processes made Australia one of the most difficult places to sanction new investments. 'We've got 100 years of gas under our feet,' he said. But only a 'fraction' of Australia's known prospective gas basins were presently in development, he said. Work ground to a halt at Santos's $5.8 billion Barossa gas project off the Northern Territory in 2023 after environmental lawyers secured last-minute legal orders to block the construction of a pipeline by arguing the company had not adequately consulted Tiwi Islander traditional owners – claims that were later dismissed. Loading Its controversial Narrabri gas project in northern NSW, which could deliver up to half of NSW's natural gas needs, has also run into years of delays amid legal appeals and objections from environmental activists, some landholders and the Gomeroi traditional owners, who fear the plans to drill 850 gas wells could inflict irreversible damage on their culture, lands and waters and worsen global warming. Federal Resources Minister Madeleine King this week put oil and gas executives on notice that the re-elected Albanese government will make them do more to avert local energy shortfalls. Speaking at the AEP conference on Tuesday, King said Australians were 'tired of seeing our vast gas resources exported overseas' while paying high prices at home. Some Australian LNG producers were 'doing the right thing' in ensuring the market had enough gas, added King, who pointed to agreements struck this year to divert an extra nine petajoules of gas to stave off a quarterly supply deficit. 'I thank them for that,' she said. 'But there remains a lot of work to do to ensure the domestic market remains well supplied.'

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