Market Commentary Electricity spot prices rose substantially across the entire National Electricity Market (NEM), with most states doubling over November 2024. The spot market situation …
November 2024 Electricity Market Review
Project EnergyConnect links South Australia, New South Wales, and Victoria
The $2.3 billion EnergyConnect transmission project is now live. It will directly link the power grids of New South Wales, South Australia, and Victoria and …
October 2024 Electricity Market Review
Market Commentary The fragility of Australia’s energy grid infrastructure came under the spotlight in October 2024 when Broken Hill suffered a prolonged outage caused by …
Akaysha Energy Secures Record A$650 Million Financing for Orana BESS Project in the Volatile NEM
Akaysha Energy has secured an A$ 650 million debt financing for the Orana Battery Storage System (BESS) project. As one of the largest 4-hour batteries …
Recent developments at Broken Hill: Energy Challenges and Resilience
The resilience and difficulties of the local energy grid were underscored by a series of events that affected the electricity infrastructure in New South Wales’s …
September 2024 Electricity Market Review
Market Commentary Electricity spot prices tumbled dramatically in September 2024 compared to the previous month of August while wholesale futures remained stable thanks to cool …
August 2024 Electricity Market Review
Market Commentary Australia’s electricity markets experienced significant volatility throughout August 2024, driven by an unusual confluence of record wind generation and unseasonably hot weather in …
July 2024 Electricity Market Review
Market Commentary Electricity spot prices dropped in all states across the National Electricity Market except South Australia as low renewable output recovered throughout July 2024. …
Elon Musk’s Bold Predictions for the Future of Tesla’s Megapack Battery
Tech billionaire Elon Musk has made significant claims about the advancements in Tesla’s battery technology with its Megapack battery, emphasising the crucial role of AI …
June 2024 Electricity Market Review
Market Commentary In June 2024, electricity spot prices climbed in all states across the National Energy Market excluding New South Wales as low renewable output …
