A series of unlinked events has caused gas price spikes, peaking at six times the average price, in turn impacting substantially on wholesale electricity prices. …
How to shield your business from natural gas price spikes
A review of electricity prices in Australia: How much does 1 kWh cost in Australia in 2021?
Last year, we looked at electricity prices in Australia in 2020 when the Black Summer had just ended and the world was still largely unfamiliar …
Electricity generators warned of heavy fines if they undermine the stability of the National Energy Grid
Traditional and renewable electricity generators and gas suppliers have been warned that they face heavy fines by the Australian Energy Regulator (AER) if they take …
ACCC investigating electricity retailers to ensure wholesale price drop is passed on to consumers
The Australian Competition and Consumer Commission (ACCC) is investigating electricity retailers’ prices to ensure that recent wholesale price drops are being passed on to customers. …
June 2021 Energy Market Review
After the Callide C explosion dominated the electricity markets in May, the June 2021 energy market delivered its own drama. This time severe flooding in …
First privately funded large scale battery in Australia marks a tipping point in storage technology
Energy firm Lumea has kicked off the process to construct the country’s first privately funded large scale battery without any government support by 2022, pushing …
AGL follows world trend in breaking up ‘gentailer model’ to set up retail and coal generation wings
AGL Energy has officially announced that it will split into two separate entities, keeping with the worldwide trend of “gentailers” breaking up their businesses with …
May 2021 Energy Market Review
In May 2021 we saw that the energy futures market price reversal is in full swing with contracts now trading up to 28% off February …
5-minute settlement rule change pushed back to 1 October 2021 – Batteries and Demand Response to benefit as gas loses the advantage
The National Energy Market’s planned transition to a 5-minute electricity price settlement rule from the current 30- minute rule has been pushed back from July …
New South Wales government signs off on $3.2 billion electricity contract including solar and battery deal
The New South Wales Government has signed off on a $3.2 billion electricity contract to Shell and Edify Energy, which will include the construction of …
