Power factor is a measure of how efficiently electrical power is being used in a system. It is the ratio of the power that is …
What’s the difference between electricity spot market and futures market rates?
Electricity spot prices reflect the current market cost determined by supply and demand, whereas electricity futures prices predict the cost of electricity at a future …
$100 billion investment is needed to decarbonise Australia’s energy grid
$100 billion must be invested in renewable energy infrastructure to meet 2050 net-zero targets and decarbonise Australia’s electricity grid Research by Deloitte Access Economics shows …
Callide C 3 return to service pushed back to February 2023
The Queensland coal-fired Callide C power plant is now completely offline after the structural failure of a cooling plant put the 466 MW C3 Unit …
New 95 percent Victoria renewable energy target with a reboot of State Electricity Commission
A Victoria renewable energy target of 95 percent by 2035 and between 75 and 80 percent emissions reduction, has been set by the Labor Party …
Queensland renewable energy target set at 80% by 2035 with millions to be invested in Green hubs
The state government has set a Queensland renewable energy target of 80 percent by 2035 with 22 GW of new wind and commercial solar, 11.5 …
What are the factors that drive high energy prices and market instability?
In June and July 2022, various events contributed to extremely high energy prices and market instability that resulted in the suspension of trading and price …
AGL brings closure of Loy Yang A forward by 10 years
AGL Energy has announced that it is bringing forward the closure of its Victorian brown-coal fired Loy Yang A plant by 10 years to 2035. …
The early exit of coal from Australia’s energy generation system
The discovery of good quality and easily accessible coal sparked Australia’s incredible growth and prosperity in the 20th Century but it is now becoming abundantly …
How to increase energy efficiency and reduce your business energy costs
Energy prices have increased substantially over the past months and will remain high for quite some time, but there are ways to increase energy efficiency …