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Search Results for: government

$100 billion investment is needed to decarbonise Australia’s energy grid
Header Image - $100 Bn needed for Decarbonising AU grid - Windmills

By Mike Carabott | January 9, 2023

$100 billion must be invested in renewable energy infrastructure to meet 2050 net-zero targets and decarbonise Australia’s electricity grid Research by Deloitte Access Economics shows …

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December 2022 Electricity Market Review
December 2022 Electricity Market Review header

By Mike Carabott | January 3, 2023

For our December 2022 electricity market review, we can report that wholesale electricity futures and spot prices have plummeted since gas and coal price capping …

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November 2022 Electricity Market Review
November 2022 Electricity Market Review Header - Meadow

By Mike Carabott | December 7, 2022

The Labor Federal Government is reportedly in the advanced stages of instituting a price cap on domestic gas as it tries to put downward pressure …

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October 2022 Electricity Market Review
October 2022 Electricity Market Review header

By Mike Carabott | November 7, 2022

On October 31, the National Energy Market registered the biggest daily drop in futures prices in its history. Just 16 days earlier, the NEM had …

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Vales Point power plant given two years to cut emissions or face threat of early closure
Vales Point Power Station

By Mike Carabott and Ben Wallington | November 1, 2022

The coal-fired Vales Point power plant in New South Wales must cut nitrogen oxide emissions within two years or may face early closure after a …

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South Australia state energy control being considered after Federal Budget forecast

By Mike Carabott and Ewen Beard | November 1, 2022

South Australia state energy control is being considered as the government looks for ways to shield homes and businesses from the huge energy prices forecast …

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New 95 percent Victoria renewable energy target with a reboot of State Electricity Commission 
Victoria Renewable Energy Target wind farm

By James Iliffe and Mike Carabott | October 31, 2022

A Victoria renewable energy target of 95 percent by 2035 and between 75 and 80 percent emissions reduction, has been set by the Labor Party …

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Queensland renewable energy target set at 80% by 2035 with millions to be invested in Green hubs

By Mike Carabott | October 13, 2022

The state government has set a Queensland renewable energy target of 80 percent by 2035 with 22 GW of new wind and commercial solar, 11.5 …

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September 2022 Electricity Market Review
September 2022 Electricity Market Review Header -horizon

By Mike Carabott | October 6, 2022

The energy markets offered mixed news last month as futures contracts continued the sharp upward trend established in August. In better news, spot prices continued …

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AGL brings closure of Loy Yang A forward by 10 years
coal fired power plant belching emissions

By Mike Carabott | October 1, 2022

AGL Energy has announced that it is bringing forward the closure of its Victorian brown-coal-fired Loy Yang A plant by 10 years to 2035. Built …

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