After the Callide C explosion dominated the electricity markets in May, the June 2021 energy market delivered its own drama. This time severe flooding in …
First privately funded large scale battery in Australia marks a tipping point in storage technology
Energy firm Lumea has kicked off the process to construct the country’s first privately funded large scale battery without any government support by 2022, pushing …
AGL follows world trend in breaking up ‘gentailer model’ to set up retail and coal generation wings
AGL Energy has officially announced that it will split into two separate entities, keeping with the worldwide trend of “gentailers” breaking up their businesses with …
May 2021 Energy Market Review
In May 2021 we saw that the energy futures market price reversal is in full swing with contracts now trading up to 28% off February …
CS Energy faces $200 million bill to repair Callide C coal power station after massive explosion
CS Energy will repair Callide C power station for a hefty bill to the tune of $200 million, putting to rest speculation by the Queensland …
What you should know about your energy contract when buying or selling a business
Buying or selling a business is a huge undertaking even for the savviest of entrepreneurs. And often there are a few factors to take into …
5-minute settlement rule change pushed back to 1 October 2021 – Batteries and Demand Response to benefit as gas loses the advantage
The National Energy Market’s planned transition to a 5-minute electricity price settlement rule from the current 30- minute rule has been pushed back from July …
New South Wales government signs off on $3.2 billion electricity contract including solar and battery deal
The New South Wales Government has signed off on a $3.2 billion electricity contract to Shell and Edify Energy, which will include the construction of …
Lack of transmission infrastructure causing corporate Power Purchase Agreement bottlenecks as wholesale electricity prices sit at record lows
Lack of transmission infrastructure is causing big bottlenecks for corporate Power Purchase Agreements according to Snowy Hydro’s Chief Commercial Officer. Speaking during the Australian Energy …
Days after sending Bitcoin into freefall, Musk pushes crypto towards energy efficiency and renewables, and of course – batteries
Elon Musk looks to have spurred Bitcoin miners into making their operations greener just days after sending the cryptocurrency into freefall by Tweeting that Tesla …