Large-scale batteries are essential to Australia’s transition to renewable energy. Battery storage is the new clean peaker, proving to be 30 percent cheaper than gas, …
March 2021 Energy Market Review
Last month the major electricity players threatened a supply response to the rock-bottom wholesale energy prices and this month they delivered. In early March, Energy …
Experts say “Sun Tax” will discourage solar exports and encourage battery storage when demand is low
A proposal to place tariffs on solar households electricity exports into the grid has been labelled a Sun Tax by solar advocates. But experts have …
Bitcoin mining in Australia – Could rock-bottom wholesale electricity prices kickstart the industry?
The recent historic six-year lows in wholesale electricity prices jas suddenly made Bitcoin mining in Australia a very real possibility, especially if mining labs are …
Alcoa’s Portland Smelter gets $160m electricity deal to act as giant virtual battery
Alcoa’s Portland aluminium smelter, which accounts for up to 10 percent of Victoria’s electricity demand, has just signed a demand response subsidy deal which will …
Port Kembla Green Hydrogen power station proposed by Fortescue
Fortescue Metals Group CEO Andrew Forrest is willing to finance a $1bn 850 MW Port Kembla Green Hydrogen Power station. Through Squadron Energy, the WA …
What is Green Hydrogen and can it become a future fuel?
Green Hydrogen has long been touted as a fuel for the future because it is abundant, cheap and burns cleanly, but it does pose some …
South Australia energy mix volatility sees prices fluctuate between $15,000 per MWh to negative $-158 per MWh
South Australia energy mix price volatility was exposed after two gas plants were knocked out of action, sending wholesale and futures prices skyrocketing, only to …
Yallourn coal plant to close in 2028
EnergyAustralia’s 1,480-megawatt Yallourn coal plant has become the latest casualty in Australia’s transition to renewable energy and will close four years early in mid-2028. Yallourn …
February 2021 Energy Market Review
Persistent ultra-low wholesale prices are starting to take a toll on coal-fired generators. The February 2021 electricity market saw energy giants AGL and Origin report …