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 …
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 …