Electricity rates: Futures prices dropped in all states under review from 1 December 2017 to 10 January 2018. The biggest drops were experienced in Queensland …
Electricity rates update: December 2017
South Australia to build world’s largest thermal solar plant as SolarReserve Aurora project is given approval
Not happy with having the world’s largest battery, South Australia will now get the biggest thermal solar plant in the world as the $650 million …
Australia’s energy grid braces for heatwave as AEMO issues heat alert
The Australian Energy Market Operator (AEMO) has issued a heat alert to safeguard against potential shortfalls in energy supply as much of South and Eastern …
Neoen and Tesla to build renewable energy projects in Victoria
The state government of Victoria has signed an agreement with French renewable energy specialists Neoen to construct a 20 MW Tesla battery storage plant project …
Tesla battery responds in 0.14 seconds to keep Victoria’s lights on
Elon Musk’s Tesla battery in South Australia has been called into action twice to stop power outages since it began operations at the end of …
Blockchain energy trading platform Power Ledger grows on cryptocurrency boom
Blockchain technology-based energy trading platform Power Ledger has seen its value increase 100% as a result of its October Initial Coin Offering being backed by …
China launches world’s largest carbon trading scheme
China has rolled out a tax on pollution with its long-awaited national carbon trading scheme, covering the power generation and heating industries. The new policy …
Four coal-fired power plants trip in a week as task force says NSW is ill-prepared for blackout scenario
The summer heat is causing a spike in energy demand across Australia and four coal fired power plants have tripped in the space of a …
Wholesale energy prices set to drop by 12% from mid-2018 to 2020 thanks to renewables push
Energy prices are set to fall over the next two years due to an extra 5,300 MW of power generation entering the mix, mostly from …
Generator bidding averts energy shortfalls in South Australia and Victoria
The Australian Energy Market Operator’s Summer Readiness Plan was tested for a second time this week and did its job as generator bidding addressed potential …
