Market wrap: Very mild weather conditions across Australia throughout the months of October and November led to reduced demand across the National Energy Market. But …
Market Wrap September 2018
Market wrap: Temperatures around Australia have started to warm up and that has led to lowered demand as people turned down their heaters, but futures …
Energy gaming by generators cost Australian consumers $3.4 billion between 2013 and 2017
Electricity generators deliberately manipulated the National Energy market by bidding, withdrawing bids to create artificial scarcity, and rebidding to force prices upwards in a process …
Energy network industry leaders call for reforms to the way electricity is paid for
Energy network industry leaders have said that reforms are needed in the way electricity is paid for to ensure that the maximum benefit is made …
National Energy Guarantee hangs in the balance as energy policy draft document lacks crucial details
The National Energy Guarantee hangs in the balance after state energy ministers were given an outline of the energy policy, which was missing crucial details …
AEMO chief says National Energy Market rules no longer make sense
Australia’s National Energy Market rules no longer make sense and need to be updated to reflect the fast-paced transition that the country is making towards …
Accurate modelling is crucial to avoid energy price increases in South Australia interconnector project
The newly elected South Australian Government has hit the ground running with a proposal for a second interconnector to New South Wales as it breaks …
National Energy Guarantee to be implemented within two years if COAG Energy Ministers give approval in April
The Federal Government’s National Energy Guarantee (NEG) will be pushed through within two years if Soth Australia gives its backing to the plan, as it …
Smaller energy retailers warn that NEG could lead to higher electricity prices
Smaller energy retailers have sounded the alarm over the Federal Government’s National Energy Guarantee, stating that it could have “dire consequences” on the market, including …
Understanding the National Energy Market
To understand how electricity is bought and sold on Australia’s complex National Energy Market, we must first look at the different stages of generation, distribution …