Market Commentary All states in the National Energy Market witnessed a significant increase in both spot and wholesale futures electricity prices in April 2024, reversing …
April 2024 Electricity Market Review
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 …
Origin Energy Exec declares that solar is cheaper than coal
A senior executive at Origin Energy has stated that energy generated from renewables sources such as wind and solar is cheaper than coal. Speaking …
33 percent of Australia’s energy needs will be provided from renewable sources by 2020
Independent research has found that within two years, one-third of Australia’s National Energy Market needs will be met through renewable energy generation. A Green Energy …
46 percent of Australian businesses are seeking cheaper and greener alternatives for power
The switch to renewables is very real and is happening right now with 46% of large businesses reporting that they are seeking cheaper and greener …
Work on $550 million Bulgana wind and battery project starts in Victoria
French renewable energy firm Neoen has begun construction of the $550 million 194 Megawatt Bulgana wind farm and battery storage facility in Victoria. The commencement …
Renewables to experience further growth up to 2020 and beyond
The Australian Energy Resources Assessment (AERA) shows that renewable energy sources will continue to experience growth up to 2020 and beyond. The AERA found that …
Australia’s investment in renewable energy generation skyrockets by 147 percent in 2017 to $8.5 billion
Australia’s investment in renewable energy generation skyrocketed by 147 percent in 2017 to $8.5 billion and based on these rates, coal power stations could be …
New South Wales signs off on Australia’s largest wind farm – will power 380,000 homes
The New South Wales Government has signed off on Australia’s biggest wind farm, a $643 million project in the Hunter Valley which will generate electricity …
Neoen seeks approval to build world’s biggest solar, wind, battery and hydrogen superhub in South Australia
French wind expert Neoen is seeking South Australia’s planning approval to construct the world’s largest solar, wind, battery storage and hydrogen production superhub in the world. …
