In Australia, small to medium-sized enterprises (SMEs) and residential retail electricity and natural gas customers enjoy greater consumer protection than large commercial and industrial (C&I) …
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 …
Rebidding contributed to six instances of prices in excess of $5,000/MWh in May and June
The Australian Energy Regulator (AER) said that rebidding by electricity generators contributed to six events where pricing breached $5,000 per MWh, but said this was …
Spike in wholesale electricity prices expected to lead to significantly costlier Default Market Offers
A massive spike in wholesale electricity prices could result in Australian homes and businesses paying significantly more for energy after the new Default Market Offer …
Energy Regulator ramps up pressure for further electricity tariff reductions
The Australian Energy Regulator has rejected arguments by Energy bosses against partial re-regulation of electricity prices, saying that the move has worked for customers who …
Energy networks must reduce network charges passed on to customers – Regulator
The Australian Energy Regulator has issued new guidelines to reduce the sum of revenue that electricity networks can charge customers in network tariffs, which it …
Rising coal prices and Hazelwood closure to blame for sustained high wholesale electricity prices in New South Wales
The Australian Energy Regulator (AER) has found that rising coal prices, the closure of Hazelwood and limited supply is causing high sustained wholesale electricity prices …
Wholesale electricity prices expected to drop under new 5-minute trading interval
Wholesale electricity prices in Australia will be traded at an interval of 5 minutes as from 1 July 2021, replacing the current 30-minute interval system. …
Essential Energy accused of scaremongering tactics over bushfires warning
Essential Energy has been accused of scaremongering about the risks of bushfires and blackouts as it attempts to justify price increase demands. Craig Memery of …
Watchdog to investigate Queensland energy producers
State-owned power companies in Queensland are being investigated for price gouging and strategic bidding by the Australian Competition and Consumer Commission (ACCC). The ACCC said …