Australia’s National Electricity Market (NEM) continues on an unpredictable journey, taking the title of the world’s most volatile energy market. Rystad Energy, a leading energy …
Price Cannibalisation: When Oversupply Drives Down Electricity Prices
As rooftop solar, commercial solar, wind and batteries take a more prominent role in electricity markets, price cannibalisation is becoming more frequent. This has radically …
Concerns that Kogan Creek industrial action could push electricity prices up on the East Coast
Workers at CS Energy’s Kogan Creek commenced industrial action on Thursday 21 September, creating concerns over supply to the East Coast. The 16-year-old 750 MW …
El Niño summer could cause rolling blackouts in Victoria and South Australia – AEMO
The Australian Energy Market Operator has warned that Victoria and South Australia could face rolling blackouts as an El Niño Summer will bring hot and …
South Australia experiences the first instances of new $16,600 electricity spot market price cap
South Australia became the first state in the National Energy Market to experience the new electricity spot market price cap of $16,600/MWh. New South Wales …
The Leading Edge Energy Advantage: Navigating Energy Procurement with Confidence
Are you a business owner seeking ways to optimise energy costs while embracing sustainability? Then you may be in the perfect position to benefit from …
Eraring extension recommended and Loy Yang underwritten till 2035
The NSW government-commissioned review of the state’s electricity network has recommended an Eraring extension, Australia’s largest coal-fired power station, while the Victorian government has pledged …
Readiness for 100 per cent instantaneous renewables is key to renewable energy transition
The Australian Energy Market Operator has outlined four key action points to accelerate the transition from fossil fuels to 100 % renewable energy, emphasising instantaneous …
4,200 MW of coal power could extend into the next decade as power supply concerns grow
4,200 MW of coal power could extend into the next decade as concerns grow that the state could spiral into an electricity supply and price …
Australia’s pace of investment in renewable energy is too slow
The slow pace of investment in renewable energy to replace retiring coal power plants poses challenges to achieving the country’s emissions targets and causing price …