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Search Results for: price

Negative energy prices – European businesses were actually paid to use electricity over windy Christmas weekend
Windmills in Germany

By Mike Carabott | December 26, 2017

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. …

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Wholesale energy prices set to drop by 12% from mid-2018 to 2020 thanks to renewables push
energy sources

By Mike Carabott | December 18, 2017

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 …

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Gas prices on the East Coast still far too high despite increased supply – watchdog
May electricity prices

By Mike Carabott | December 15, 2017

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 …

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Rising coal prices and Hazelwood closure to blame for sustained high wholesale electricity prices in New South Wales
hazelwood plant

By Mike Carabott | December 7, 2017

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 …

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Wholesale electricity prices expected to drop under new 5-minute trading interval
Wholesale electricity

By Mike Carabott | November 30, 2017

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. …

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Businesses could make substantial energy cost savings under NEG as modelling predicts wholesale prices will drop 23%
wholesale electricity prices

By Mike Carabott | November 23, 2017

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 …

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Queensland LNG deal could lead to even higher gas prices
LNG

By Mike Carabott | October 5, 2017

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 …

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Essential Energy accused of pushing for 25% price gouge

By Mike Carabott | October 3, 2017

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 …

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AGL boss calls for standard energy price comparison rate
Clean Energy Target

By Mike Carabott | August 10, 2017

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. …

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Greens call for electricity bills price cap and regulation

By Mike Carabott | August 9, 2017

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 …

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