In a strategic attempt to safeguard against power price spikes and ensure energy stability, the New South Wales government has struck an agreement with Origin …
April 2024 Electricity Market Review
Market Commentary All states in the National Energy Market witnessed a significant increase in both spot and wholesale futures electricity prices in April 2024, reversing …
California smashes battery storage records – Can Australia do the same?
California’s transition to green energy seems to be picking up pace this spring, with big batteries overtaking other power sources during evening peaks and renewables collectively …
Keeping Eraring open beyond 2025 is “unconscionable” – Climate Energy Finance report
Delaying the closure of Origin Energy’s Eraring coal power plant would be “unconscionable,” given that a new report from the Climate Energy Finance (CEF) finds …
Prime Minister announces $1 billion Solar Sunshot subsidies and grants scheme
Prime Minister Anthony Albanese has announced the $1 billion Solar Sunshot subsidies and grants scheme to establish Australia’s domestic solar supply chain. Marking the significant …
March 2024 Electricity Market Review
Market Commentary Electricity prices remained reasonably flat throughout March 2024 with a minor uptick for the next three calendar years in South Australia, Victoria, and …
Hard-hitting Climate Council report says Australia must reach net zero by 2035
A hard-hitting Climate Council report asserts that Australia must reach net zero emissions by 2035, with “no excuses”, using proven and available technologies and setting …
AGL and SunDrive to explore creation of solar manufacturing facility at Liddell site
AGL Energy, Australia’s largest coal generator, and SunDrive, an innovative solar company from Australia, have recently partnered up to explore the possibility of establishing a …
February 2024 Electricity Market Review
Market Commentary In February 2024, electricity market observers saw that uncertainty over negotiations to extend the lifespan of Eraring coal power station – currently on …
Callide Power Trading faces federal court proceedings, return to service delayed again
The Australian Energy Regulator (AER) has launched legal proceedings against Callide Power Trading Pty Ltd for a breach of performance standards at the Callide C …