Last month the major electricity players threatened a supply response to the rock-bottom wholesale energy prices and this month they delivered. In early March, Energy Australia announced it would bring …
March 2021 Energy Market Review
Experts say “Sun Tax” will discourage solar exports and encourage battery storage when demand is low
A proposal to place tariffs on solar households electricity exports into the grid has been labelled a Sun Tax by solar advocates. But experts have said this is necessary to …
Alcoa’s Portland Smelter gets $160m electricity deal to act as giant virtual battery
Alcoa’s Portland aluminium smelter, which accounts for up to 10 percent of Victoria’s electricity demand, has just signed a demand response subsidy deal which will effectively turn it into a …
Port Kembla Green Hydrogen power station proposed by Fortescue
Fortescue Metals Group CEO Andrew Forrest is willing to finance a $1bn 850 MW Port Kembla Green Hydrogen Power station. Through Squadron Energy, the WA mining magnate said his proposal …
What is Green Hydrogen and can it become a future fuel?
Green Hydrogen has long been touted as a fuel for the future because it is abundant, cheap and burns cleanly, but it does pose some challenges. Hydrogen is difficult to …
South Australia energy mix volatility sees prices fluctuate between $15,000 per MWh to negative $-158 per MWh
South Australia energy mix price volatility was exposed after two gas plants were knocked out of action, sending wholesale and futures prices skyrocketing, only to tumble back down into negative …
Yallourn coal plant to close in 2028
EnergyAustralia’s 1,480-megawatt Yallourn coal plant has become the latest casualty in Australia’s transition to renewable energy and will close four years early in mid-2028. Yallourn supplies about a fifth of …
February 2021 Energy Market Review
Persistent ultra-low wholesale prices are starting to take a toll on coal-fired generators. The February 2021 electricity market saw energy giants AGL and Origin report first-half earnings, and it wasn’t …
Cryptomining in Australia: Soaking up excess daytime solar and night-time wind energy
Crypto mining in Australia is perfect for soaking up excess rooftop solar and night-time wind generation which is causing problems for electricity generation firms. While it is energy-intensive to mine …
Bitcoin & Cryptocurrency Mining – The Energy Problem
The amount of energy used in the bitcoin mining business is staggering. Bitcoin’s electricity consumption, at 122 TWh- is above Argentina (121 TWh), the Netherlands (108.8 TWh) and the United …
