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 …
January 2024 Electricity Market Review
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), …
Australia sets new solar and wind energy generation record in October
Warm and windy temperatures in October delivered a new large-scale solar and wind energy generation record of 4,271GWh, which coincided with spot and futures pricing …
October 2023 Electricity Market Review
Market Commentary Very low demand and oversupply of renewables throughout the month of October led to very soft spot pricing, which in turn put negative …
Coal, renewable energy transmission and emerging technology – Three challenges for the National Energy Market
Replacing retiring coal plants, investment in transmission infrastructure for renewable energy and growth of new electric technology were three key challenges identified by Australian Energy …
Rebidding contributed to six instances of prices in excess of $5,000/MWh in May and June
The Australian Energy Regulator (AER) said that rebidding by electricity generators contributed to six events where pricing breached $5,000 per MWh, but said this was …
