The future of one of Australia’s largest coal-fired power stations – AGL’s Bayswater – has been called into question after its largest customer, aluminium smelter …
Natural gas shortage and price spikes loom as Victoria moves to decarbonise fuels
Natural gas shortage and prices spikes are looming with modelling suggesting that gas prices will be unaffordable in Victoria by the end of the decade …
Fire at Geelong battery during final testing did not create futures price spike but raised questions about reliability of supply and safety
The recent fire at a large-scale battery facility in Geelong Victoria did not trigger price volatility in the electricity futures market because it was still …
July 2021 Electricity Market Review
The price rise trend that began in February showed no signs of slowing down in July with futures contracts up between 4 and 15% across …
How to shield your business from natural gas price spikes
A series of unlinked events has caused gas price spikes, peaking at six times the average price, in turn impacting substantially on wholesale electricity prices. …
Electricity generators warned of heavy fines if they undermine the stability of the National Energy Grid
Traditional and renewable electricity generators and gas suppliers have been warned that they face heavy fines by the Australian Energy Regulator (AER) if they take …
ACCC investigating electricity retailers to ensure wholesale price drop is passed on to consumers
The Australian Competition and Consumer Commission (ACCC) is investigating electricity retailers’ prices to ensure that recent wholesale price drops are being passed on to customers. …
June 2021 Energy Market Review
After the Callide C explosion dominated the electricity markets in May, the June 2021 energy market delivered its own drama. This time severe flooding in …
May 2021 Energy Market Review
In May 2021 we saw that the energy futures market price reversal is in full swing with contracts now trading up to 28% off February …
Large-scale batteries cheaper, more flexible than gas and essential to Australia’s renewable energy transition
Large-scale batteries are essential to Australia’s transition to renewable energy. Battery storage is the new clean peaker, proving to be 30 percent cheaper than gas, …