It sounds too good to be true and it is unthinkable in Australia, but businesses in Germany experienced negative energy prices over the Christmas weekend. …
Wholesale energy prices set to drop by 12% from mid-2018 to 2020 thanks to renewables push
Energy prices are set to fall over the next two years due to an extra 5,300 MW of power generation entering the mix, mostly from …
Gas prices on the East Coast still far too high despite increased supply – watchdog
Gas prices for industrial buyers on the East Coast market remain much higher than they should be despite increased supply from Queensland LNG, the competition …
Rising coal prices and Hazelwood closure to blame for sustained high wholesale electricity prices in New South Wales
The Australian Energy Regulator (AER) has found that rising coal prices, the closure of Hazelwood and limited supply is causing high sustained wholesale electricity prices …
Wholesale electricity prices expected to drop under new 5-minute trading interval
Wholesale electricity prices in Australia will be traded at an interval of 5 minutes as from 1 July 2021, replacing the current 30-minute interval system. …
Businesses could make substantial energy cost savings under NEG as modelling predicts wholesale prices will drop 23%
Wholesale electricity prices could drop by up to 23% between 2020 and 2030 according to independent modelling on the Federal Government’s National Energy Guarantee leading …
Queensland LNG deal could lead to even higher gas prices
Energy analysts have warned that industrial gas users might still end up paying double recent prices despite the fact that the Prime Minister hammered out …
Essential Energy accused of pushing for 25% price gouge
NSW government-owned Essential Energy has been accused of price gouging by seeking a 25% increase in electricity rates for rural customers, even though an internal …
AGL boss calls for standard energy price comparison rate
AGL Energy’s CEO Andy Vesey has called for the introduction of a standard energy price comparison rate and Chief Scientist Alan Finkel’s Clean Energy Target. …
Greens call for electricity bills price cap and regulation
The Green Party has called on the government to introduce an electricity bills price cap and for the market to be regulated in view of …