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Prime Minister Malcolm Turnbull is facing a crucial test for his bid to fix Australia’s muddled energy policies, which have saddled the nation with sketchy power supplies and spiraling prices. Energy minister, Josh Frydenberg, will attempt Friday in Sydney to win over his counterparts from the nation’s eight states and territories for his so-called National Energy Guarantee. Their agreement is necessary to move forward with the plan -- still thin on details -- that promises cheaper and more reliable power while reducing greenhouse gas emissions. POWER SURGE. Shuttering coal-fired plants has strained Australia's grid and boosted prices. Source: Australian Energy Regulator. Note: Volume weighted average spot prices ($/MWh) Full story

9 August