A series of unlinked events has caused gas price spikes, peaking at six times the average price, in turn impacting substantially on wholesale electricity prices. …
How to shield your business from natural gas price spikes
A review of electricity prices in Australia: How much does 1 kWh cost in Australia in 2021?
Last year, we looked at electricity prices in Australia in 2020 when the Black Summer had just ended and the world was still largely unfamiliar …
ACCC investigating electricity retailers to ensure wholesale price drop is passed on to consumers
The Australian Competition and Consumer Commission (ACCC) is investigating electricity retailers’ prices to ensure that recent wholesale price drops are being passed on to customers. …
Lack of transmission infrastructure causing corporate Power Purchase Agreement bottlenecks as wholesale electricity prices sit at record lows
Lack of transmission infrastructure is causing big bottlenecks for corporate Power Purchase Agreements according to Snowy Hydro’s Chief Commercial Officer. Speaking during the Australian Energy …
Bitcoin mining in Australia – Could rock-bottom wholesale electricity prices kickstart the industry?
The recent historic six-year lows in wholesale electricity prices have suddenly made Bitcoin mining in Australia a very real possibility, especially if mining labs are …
South Australia energy mix volatility sees prices fluctuate between $15,000 per MWh to negative $-158 per MWh
South Australia’s energy mix price volatility was exposed after two gas plants were knocked out of action, sending wholesale and futures prices skyrocketing, only to …
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, however, market volatility and price hikes are likely to return in the medium term as coal becomes …
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% in …
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, …
