Market Commentary In February 2024, electricity market observers saw that uncertainty over negotiations to extend the lifespan of Eraring coal power station – currently on …
Market volatility rages after extreme weather event causes Loy Yang power station to trip
The National Energy Market’s vulnerability and susceptibility to volatility were fully demonstrated yesterday after a freak storm brought down six transmission towers in Victoria, causing …
Engie announces closure of two diesel generators in South Australia
In South Australia, a landscape dominated by renewables, Engie has announced the closure of the Snuggery and Port Lincoln diesel generators. The impending shutdown poses …
Callide Power Trading faces federal court proceedings, return to service delayed again
The Australian Energy Regulator (AER) has launched legal proceedings against Callide Power Trading Pty Ltd for a breach of performance standards at the Callide C …
January 2024 Electricity Market Review
Market Commentary The National Energy Market saw a decline in spot and futures electricity prices across all states except Queensland, a trend that originated in …
Eraring closure delay still possible with slow renewables transition
Origin Energy, which owns Australia’s largest power station, Eraring, announced that the plant’s closure may still be pushed back on account of delays in the …
Callide C3’s partial return to service has been pushed back to January 24 2024
CS Energy’s Callide C3’s partial and gradual return to service has been delayed until January 24, with the management citing hot and wet weather, the …
November 2023 Electricity Market Review
Market Commentary November 2023 was eventful for the electricity market with a scrapped $10.6-B bid for Origin Energy, the Federal government subsidising a 32 GW …
El Niño could drive electricity demand up to extreme one in 10 year high – AEMO
The Australian Energy Market Operator (AEMO) has cautioned that the upcoming El Niño summer might lead to a surge in electricity demand, reaching a level …
Victorian Labor Launches State Electricity Commission: A Renewables-Focused Reboot
In a significant move that marks a turning point in Victoria’s energy landscape, the Victorian Labor government has officially launched the State Electricity Commission (SEC), …