Australia stands at the crossroads of a monumental energy transformation, transitioning from a reliance on coal-fired generation to embracing renewable energy sources with the hopes …
A Cautionary Tale for Nuclear Small Modular Reactors
Small Modular Reactors (SMRs) have been a recurring topic in the ever-evolving energy production landscape, especially given Australia’s resistance to nuclear power. NuScale, a key …
What are Virtual Power Plants? Should your business join the bandwagon?
Recently, we’ve had several businesses inquiring about virtual power plants or VPPs – namely asking about what they are and whether they would serve an …
Eraring closure delay still possible with slow renewables transition
Origin Energy, which owns Australia’s largest power station, Eraring, announced that the plant’s closure may still be pushed back on account of delays in the …
November 2023 Electricity Market Review
Market Commentary November 2023 was eventful for the electricity market with a scrapped $10.6-B bid for Origin Energy, the Federal government subsidising a 32 GW …
Victorian Labor Launches State Electricity Commission: A Renewables-Focused Reboot
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 …