Hopes of an early return to normal economic life faded in July as the second wave of Coronavirus rolled across Victoria and possibly into NSW. Energy futures markets have largely …
July 2020 Energy Market Review
Solar Sponge Tariffs could be the answer to the Electricity industry’s Duck Curve problems
A new buzz term is circulating in the electricity sector as network operators look to introduce super cheap ‘solar sponge’ tariffs to reshape grid demand and encourage customers to shift …
South Australia tries to change user behaviour with daytime electricity tariff discounts
South Australian retailers are likely to start introducing huge daytime electricity tariff discounts to offset the dip in demand which is destabilising the grid, causing spot prices to bottom out …
How to reduce business energy costs for an energy-saving winter
Winter is here and so, sadly, this can mean expensive commercial electricity bills. That unfortunate development is not unexpected though since the cold season always has Australians scrambling for their heating. …
Start off the New Financial Year in Australia with Energy Savings
The new financial year in Australia is here and businesses would normally have their budget plans in place by now. But with the unprecedented challenges brought by 2020, there are …
June 2020 Energy Market Review
Energy price volatility has crept back into the electricity futures markets after a short period of relative stability. The easing of lockdown restrictions combined with some minor unplanned outages sent …
Energy Regulator ramps up pressure for further electricity tariff reductions
The Australian Energy Regulator has rejected arguments by Energy bosses against partial re-regulation of electricity prices, saying that the move has worked for customers who are paying lower prices and …
Cost of electricity in Australia – How are we doing in 2020?
We’re only five months into 2020 but we don’t think it’s premature to say that it hasn’t been the easiest year for Australians. From 2019 until early this year, the …
Large-scale energy users can trade reduced demand under Wholesale Demand Response rule from October 2021
As from October 2021, large-scale energy users will be able to sell scaled-back use of electricity into the grid under the Wholesale Demand Response rule. The rule is set to …
May 2020 Energy Market Review
Soft spot prices and rock bottom futures continued into the first half of May with mild weather, COVID-19 restrictions and plentiful supply all playing a part. AEMO released an analysis …
