Market Commentary In June 2024, electricity spot prices climbed in all states across the National Energy Market excluding New South Wales as low renewable output …
June 2024 Electricity Market Review
Australia’s pioneering role in solar energy
Australia’s journey to becoming a global leader in residential solar energy is a testament to its solar energy pioneers’ vision, innovation, and determination. Australian research …
Urgent Investments Needed in Australia’s Energy Market: AEMO
The Australian Energy Market Operator (AEMO) has released an essential update to the 2023 Electricity Statement of Opportunities (ESOO), highlighting the critical need for urgent …
Renewables are the cheapest and nuclear the most expensive forms of energy- CSIRO
Australia’s most respected scientific body – The Commonwealth Scientific and Industrial Research Organisation (CSIRO) – has stated that renewable energy is much cheaper than any …
April 2024 Electricity Market Review
Market Commentary All states in the National Energy Market witnessed a significant increase in both spot and wholesale futures electricity prices in April 2024, reversing …
California smashes battery storage records – Can Australia do the same?
California’s transition to green energy seems to be picking up pace this spring, with big batteries overtaking other power sources during evening peaks and renewables collectively …
Keeping Eraring open beyond 2025 is “unconscionable” – Climate Energy Finance report
Delaying the closure of Origin Energy’s Eraring coal power plant would be “unconscionable,” given that a new report from the Climate Energy Finance (CEF) finds …
Prime Minister announces $1 billion Solar Sunshot subsidies and grants scheme
Prime Minister Anthony Albanese has announced the $1 billion Solar Sunshot subsidies and grants scheme to establish Australia’s domestic solar supply chain. Marking the significant …
March 2024 Electricity Market Review
Market Commentary Electricity prices remained reasonably flat throughout March 2024 with a minor uptick for the next three calendar years in South Australia, Victoria, and …
February 2024 Electricity Market Review
Market Commentary In February 2024, electricity market observers saw that uncertainty over negotiations to extend the lifespan of Eraring coal power station – currently on …
