Persistent ultra-low wholesale prices are starting to take a toll on coal-fired generators. The February 2021 electricity market saw energy giants AGL and Origin report first-half earnings, and it wasn’t …
February 2021 Energy Market Review
Cryptomining in Australia: Soaking up excess daytime solar and night-time wind energy
Crypto mining in Australia is perfect for soaking up excess rooftop solar and night-time wind generation which is causing problems for electricity generation firms. While it is energy-intensive to mine …
Bitcoin & Cryptocurrency Mining – The Energy Problem
The amount of energy used in the bitcoin mining business is staggering. Bitcoin’s electricity consumption, at 122 TWh- is above Argentina (121 TWh), the Netherlands (108.8 TWh) and the United …
Bitcoin Mining in Australia – Solving the Energy Problem
The recent historic six-year lows in wholesale electricity prices have suddenly made Bitcoin mining in Australia a very real possibility, especially if mining labs are hooked up directly to renewable …
Federal Government announces Hotel Energy Uplift grant for hotels and motels
The hospitality industry took some hard blows last year, starting with the ‘Black Summer’ bushfires from early 2020 up to the COVID-19 restrictions, which are still ongoing in some form …
Electricity supply-side response to ultra-low wholesale energy prices kicks in as Origin shuts unit at 2,880 MWh Eraring coal plant
The electricity supply-side response to plummeting wholesale energy prices has begun with Origin Energy shutting down generation in one of its units at the massive 2880 MW coal-fired Eraring power …
Coal becomes unprofitable with market volatility and price hikes likely to return in the medium term
Wholesale electricity prices are at a six-year low, but market volatility and price hikes are likely to return in the medium term as coal becomes unprofitable and power plants close …
Has Australia’s energy gentailer business model passed its used-by date?
The landscape in Australia’s electricity market is undergoing a seismic shift at present with cheap renewable energy flooding into the market and causing some serious questions to be asked about …
Energy consumers are the big winners in Australia’s renewables transition as prices tumble
Australia’s energy consumers are the biggest winners in the country’s transition to renewable energy as prices plummet to historic lows. Prices were down 70 percent down in just one year, …
Two renewable energy firsts with massive 1,200 MW Hunter and Albury hydropower batteries
Australia is set for two world firsts in the renewable energy sector as CEP Energy plans to build a 1,200 MW big battery at Kurri Kurri in the Hunter Valley …
