Prime Minister Anthony Albanese has announced the $1 billion Solar Sunshot subsidies and grants scheme to establish Australia’s domestic solar supply chain. Marking the significant …
March 2024 Electricity Market Review
Market Commentary Electricity prices remained reasonably flat throughout March 2024 with a minor uptick for the next three calendar years in South Australia, Victoria, and …
Hard-hitting Climate Council report says Australia must reach net zero by 2035
A hard-hitting Climate Council report asserts that Australia must reach net zero emissions by 2035, with “no excuses”, using proven and available technologies and setting …
AGL and SunDrive to explore creation of solar manufacturing facility at Liddell site
AGL Energy, Australia’s largest coal generator, and SunDrive, an innovative solar company from Australia, have recently partnered up to explore the possibility of establishing a …
Australia Facing Gas Shortages: AEMO’s Warning and Forecast
Australia is bracing for potential gas shortages expected to start in 2025, with the Australian Energy Market Operator (AEMO) raising concerns about supply gaps and …
February 2024 Electricity Market Review
Market Commentary In February 2024, electricity market observers saw that uncertainty over negotiations to extend the lifespan of Eraring coal power station – currently on …
Market volatility rages after extreme weather event causes Loy Yang power station to trip
The National Energy Market’s vulnerability and susceptibility to volatility were fully demonstrated yesterday after a freak storm brought down six transmission towers in Victoria, causing …
Engie announces closure of two diesel generators in South Australia
In South Australia, a landscape dominated by renewables, Engie has announced the closure of the Snuggery and Port Lincoln diesel generators. The impending shutdown poses …
Callide Power Trading faces federal court proceedings, return to service delayed again
The Australian Energy Regulator (AER) has launched legal proceedings against Callide Power Trading Pty Ltd for a breach of performance standards at the Callide C …
January 2024 Electricity Market Review
Market Commentary The National Energy Market saw a decline in spot and futures electricity prices across all states except Queensland, a trend that originated in …