Wholesale electricity futures and spot prices registered a significant uptick mid January before stabilising at the end of the month. Prices are still almost double …
January 2023 Electricity Market Review
What’s the difference between electricity spot market and futures market rates?
Electricity spot prices reflect the current market cost determined by supply and demand, whereas electricity futures prices predict the cost of electricity at a future …
$100 billion investment is needed to decarbonise Australia’s energy grid
$100 billion must be invested in renewable energy infrastructure to meet 2050 net-zero targets and decarbonise Australia’s electricity grid Research by Deloitte Access Economics shows …
December 2022 Electricity Market Review
For our December 2022 electricity market review, we can report that wholesale electricity futures and spot prices have plummeted since gas and coal price capping …
Callide C 3 return to service pushed back to February 2023
The Queensland coal-fired Callide C power plant is now completely offline after the structural failure of a cooling plant put the 466 MW C3 Unit …
November 2022 Electricity Market Review
The Labor Federal Government is reportedly in the advanced stages of instituting a price cap on domestic gas as it tries to put downward pressure …
October 2022 Electricity Market Review
On October 31, the National Energy Market registered the biggest daily drop in futures prices in its history. Just 16 days earlier, the NEM had …
Federal Government Budget forecasts 56 percent energy hike over two years as Treasurer mulls domestic gas price cap
After the Federal Budget, the Government has tasked the Australian competition watchdog to toughen the current code of conduct covering the gas industry and put …
Vales Point power plant given two years to cut emissions or face threat of early closure
The coal-fired Vales Point power plant in New South Wales must cut nitrogen oxide emissions within two years or may face early closure after a …
South Australia state energy control being considered after Federal Budget forecast
South Australia state energy control is being considered as the government looks for ways to shield homes and businesses from the huge energy prices forecast …
