In May 2021 we saw that the energy futures market price reversal is in full swing with contracts now trading up to 28% off February lows. The price increases have …
May 2021 Energy Market Review
CS Energy faces $200 million bill to repair Callide C coal power station after massive explosion
CS Energy will repair Callide C power station for a hefty bill to the tune of $200 million, putting to rest speculation by the Queensland state government that the plant …
What you should know about your electricity contract when buying or selling a business
Buying or selling a business is a huge undertaking even for the savviest of entrepreneurs. And often there are a few factors to take into consideration. When a profitable, operating …
5-minute settlement rule change pushed back to 1 October 2021 – Batteries and Demand Response to benefit as gas loses the advantage
The National Energy Market’s planned transition to a 5-minute electricity price settlement rule from the current 30- minute rule has been pushed back from July 1 2021 to October 1. …
New South Wales government signs off on $3.2 billion electricity contract including solar and battery deal
The New South Wales Government has signed off on a $3.2 billion electricity contract to Shell and Edify Energy, which will include the construction of a 100 Mw battery in …
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 Week Conference in Melbourne, Gordon …
Days after sending Bitcoin into freefall Musk pushes crypto towards energy efficiency and renewables, and of course – batteries
Elon Musk looks to have spurred Bitcoin miners into making their operations greener just days after sending the cryptocurrency into freefall by Tweeting that Tesla would no longer accept the …
Energy Security Board proposes changes to Retailer Reliability Obligation to prevent abrupt exit of coal electricity generation
As Origin Energy quietly told the Australian Energy Market Operator that it would be shutting down the first units in Eraring, the country’s largest coal-fired plant in 2030, the Energy …
Adelaide suburb of Mitchell is the first place in Australia to get green hydrogen blend gas
The South Australian Adelaide suburb of Mitchell has become the first place in Australia to receive a five percent green hydrogen blend gas in its mains supply. The electrolyser producing …
Two massive Green Hydrogen hubs proposed in New South Wales and Western Australia
West Australia has targeted a staggering 100 GW renewable energy projects to create green hydrogen hubs while New South Wales considers creating Hydrogen Valley in the Hunter. Green Hydrogen first …
