News

November 2024 Electricity Market Review

Market Commentary Electricity spot prices rose substantially across the entire National Electricity Market (NEM), with most states doubling over November 2024.  The spot market situation had a knock-on effect on...

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Project EnergyConnect links South Australia, New South Wales, and Victoria 

The $2.3 billion EnergyConnect transmission project is now live. It will directly link the power grids of New South Wales, South Australia, and Victoria and allow renewable energy to flow...

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October 2024 Electricity Market Review

Market Commentary The fragility of Australia’s energy grid infrastructure came under the spotlight in October 2024 when Broken Hill suffered a prolonged outage caused by extreme weather events. These events...

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Akaysha Energy Secures Record A$650 Million Financing for Orana BESS Project in the Volatile NEM

Akaysha Energy has secured an A$ 650 million debt financing for the Orana Battery Storage System (BESS) project. As one of the largest 4-hour batteries in the world, it is...

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Recent developments at Broken Hill: Energy Challenges and Resilience

The resilience and difficulties of the local energy grid were underscored by a series of events that affected the electricity infrastructure in New South Wales’s Broken Hill region in October...

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