South Australia, known for its heavy reliance on renewable energy sources, has recently employed an unexpected strategy to ensure a reliable energy supply during the …
November 2024 Electricity Market Review
Market Commentary Electricity spot prices rose substantially across the entire National Electricity Market (NEM), with most states doubling over November 2024. The spot market situation …
October 2024 Electricity Market Review
Market Commentary The fragility of Australia’s energy grid infrastructure came under the spotlight in October 2024 when Broken Hill suffered a prolonged outage caused by …
What is RERT and why is my business being billed for it?
The Reliability and Emergency Reserve Trader (RERT) is a mechanism put in place when the available electricity supply in the market cannot meet forecast demand …
Urgent Investments Needed in Australia’s Energy Market: AEMO
The Australian Energy Market Operator (AEMO) has released an essential update to the 2023 Electricity Statement of Opportunities (ESOO), highlighting the critical need for urgent …
Australia Facing Gas Shortages: AEMO’s Warning and Forecast
Australia is bracing for potential gas shortages expected to start in 2025, with the Australian Energy Market Operator (AEMO) raising concerns about supply gaps and …
Navigating the Transition to a Net Zero Economy
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 …
El Niño could drive electricity demand up to extreme one in 10 year high – AEMO
The Australian Energy Market Operator (AEMO) has cautioned that the upcoming El Niño summer might lead to a surge in electricity demand, reaching a level …
Cheaper prices, more renewables and less coal – AEMO Q3 report
Reduced wholesale prices, reduced operational demand and declining coal versus ascendant renewables were the most salient points in The Australian Energy Market Operator’s (AEMO) Q3 …
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 …