South Australia became the first state in the National Energy Market to experience the new electricity spot market price cap of $16,600/MWh. New South Wales …
The Leading Edge Energy Advantage: Navigating Energy Procurement with Confidence
Are you a business owner seeking ways to optimise energy costs while embracing sustainability? Then you may be in the perfect position to benefit from …
Eraring extension recommended and Loy Yang underwritten till 2035
The NSW government-commissioned review of the state’s electricity network has recommended an Eraring extension, Australia’s largest coal-fired power station, while the Victorian government has pledged …
July 2023 Electricity Market Review
Market Commentary Weak electricity spot prices throughout July 2023 were triggered by several factors, including the New South Wales Coal cap, and weaker winter demands …
AEMO improves average processing time for renewable energy connections by 10 percent
The Australian Energy Market Operator has improved its average processing time for new renewable energy connections by 10 percent in the last financial year. AEMO …
Readiness for 100 per cent instantaneous renewables is key to renewable energy transition
The Australian Energy Market Operator has outlined four key action points to accelerate the transition from fossil fuels to 100 % renewable energy, emphasising instantaneous …
4,200 MW of coal power could extend into the next decade as power supply concerns grow
4,200 MW of coal power could extend into the next decade as concerns grow that the state could spiral into an electricity supply and price …
June 2023 Electricity Market Review
Market Commentary Record amounts of wind generation contributed to a solid electricity supply in June, leading to substantial price drops in the wholesale and spot …
Australia’s pace of investment in renewable energy is too slow
The slow pace of investment in renewable energy to replace retiring coal power plants poses challenges to achieving the country’s emissions targets and causing price …
May 2023 Electricity Market Review
Market Commentary In May 2023, we saw just how tight the link between electricity demand and supply has become in determining energy prices as events …