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), …
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 …
Australia’s Energy Market: A Rollercoaster of Volatility and Price Hikes
Australia’s National Electricity Market (NEM) continues on an unpredictable journey, taking the title of the world’s most volatile energy market. Rystad Energy, a leading energy …
Price Cannibalisation: When Oversupply Drives Down Electricity Prices
As rooftop solar, commercial solar, wind and batteries take a more prominent role in electricity markets, price cannibalisation is becoming more frequent. This has radically …
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 …
September 2023 Electricity Market Review
Market Commentary The Bureau of Meteorology has officially declared that Australia is facing an El Niño summer, which could put stress on the National Energy …
Concerns that Kogan Creek industrial action could push electricity prices up on the East Coast
Workers at CS Energy’s Kogan Creek commenced industrial action on Thursday 21 September, creating concerns over supply to the East Coast. The 16-year-old 750 MW …
El Niño summer could cause rolling blackouts in Victoria and South Australia – AEMO
The Australian Energy Market Operator has warned that Victoria and South Australia could face rolling blackouts as an El Niño Summer will bring hot and …
August 2023 Electricity Market Review
Market Commentary Coal electricity generation was the focus of attention in the National Energy Market during the month of August as several announcements were made …
Eraring extension recommended and Loy Yang underwritten till 2035
The NSW government-commissioned review of the state’s electricity network has recommended an Eraring extension, Australia’s largest coal-fired power station, while the Victorian government has pledged …