It was a busy March this year as we saw a few new updates across the National Energy Market (NEM) mainly meant to address energy …
March 2023 Electricity Market Review
Market Commentary March 2023 saw wholesale electricity prices around the country rise sharply in response to various factors, including the new Safeguard Mechanism passed in …
Callide C3 and C4 power stations return-to-service pushed back later
Last year we reported that Queensland’s Callide C3 was expected to go back online by February 2023 while C4 was eyed to start up again …
February 2023 Electricity Market Review
Market Commentary The Federal Government has upped the ante to put downward pressure on gas and electricity prices by proposing a curb on Queensland exports …
January 2023 Electricity Market Review
Wholesale electricity futures and spot prices registered a significant uptick mid January before stabilising at the end of the month. Prices are still almost double …
$100 billion investment is needed to decarbonise Australia’s energy grid
$100 billion must be invested in renewable energy infrastructure to meet 2050 net-zero targets and decarbonise Australia’s electricity grid Research by Deloitte Access Economics shows …
December 2022 Electricity Market Review
For our December 2022 electricity market review, we can report that wholesale electricity futures and spot prices have plummeted since gas and coal price capping …
Callide C 3 return to service pushed back to February 2023
The Queensland coal-fired Callide C power plant is now completely offline after the structural failure of a cooling plant put the 466 MW C3 Unit …
November 2022 Electricity Market Review
The Labor Federal Government is reportedly in the advanced stages of instituting a price cap on domestic gas as it tries to put downward pressure …
October 2022 Electricity Market Review
On October 31, the National Energy Market registered the biggest daily drop in futures prices in its history. Just 16 days earlier, the NEM had …