The hospitality industry took some hard blows last year, starting with the ‘Black Summer’ bushfires from early 2020 up to the COVID-19 restrictions, which are …
Federal Government announces Hotel Energy Uplift grant for hotels and motels
Electricity supply-side response to ultra-low wholesale energy prices kicks in as Origin shuts unit at 2,880 MWh Eraring coal plant
The electricity supply-side response to plummeting wholesale energy prices has begun with Origin Energy shutting down generation in one of its units at the massive …
Coal becomes unprofitable with market volatility and price hikes likely to return in the medium term
Wholesale electricity prices are at a six-year low, but market volatility and price hikes are likely to return in the medium term as coal becomes …
Has Australia’s energy gentailer business model passed its used-by date?
The landscape in Australia’s electricity market is undergoing a seismic shift at present with cheap renewable energy flooding into the market and causing some serious …
Energy consumers are the big winners in Australia’s renewables transition as prices tumble
Australia’s energy consumers are the biggest winners in the country’s transition to renewable energy as prices plummet to historic lows. Prices were down 70 percent …
Two renewable energy firsts with massive 1,200 MW Hunter and Albury hydropower batteries
Australia is set for two world firsts in the renewable energy sector as CEP Energy plans to build a 1,200 MW big battery at Kurri …
December 2020 – January 2021 Energy Market Review
Welcome to the first energy market review of 2021! Australia’s electricity markets are ringing in the new year in a vastly different position to last …
Wholesale electricity prices to remain stable until 2023 if big batteries, hydro, and gas-peaking plants firm up renewables
The volume of renewable energy generated, rooftop solar uptake, falling coal and gas prices and lower demand have all contributed to wholesale electricity spot prices, …
Australia’s electricity supply ‘moderate to critical’ for 2020 as government flirts with 50 percent renewable energy target for 2030
Australia’s electricity supply security was moderate to critical for 2020, with no improvement over 2019 as preventing power blackouts becomes more difficult due to cheaper …
November Energy Market Review
It was a remarkable year in the electricity futures markets as we experienced record-low prices – the lowest in five years, throughout 2020. In November, …
