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 …
Eraring closure delay still possible with slow renewables transition
Callide C3’s partial return to service has been pushed back to January 24 2024
CS Energy’s Callide C3’s partial and gradual return to service has been delayed until January 24, with the management citing hot and wet weather, 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 …
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 …
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), …
Australia sets new solar and wind energy generation record in October
Warm and windy temperatures in October delivered a new large-scale solar and wind energy generation record of 4,271GWh, which coincided with spot and futures pricing …
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 …
Spring Renewables: Lower Prices, Higher Capacity
Spring brings about a notable change in the energy landscape as demand for electricity decreases and solar power production surges, with the oversupply resulting in …
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 …
