The state of Victoria recently experienced an increase in network charges, a change that concerns energy consumers, including manufacturers which typically have significant requirements to …
Victoria sees increase in network charges
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 …
Australia Facing Gas Shortages: AEMO’s Warning and Forecast
Australia is bracing for potential gas shortages expected to start in 2025, with the Australian Energy Market Operator (AEMO) raising concerns about supply gaps 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 …
Market volatility rages after extreme weather event causes Loy Yang power station to trip
The National Energy Market’s vulnerability and susceptibility to volatility were fully demonstrated yesterday after a freak storm brought down six transmission towers in Victoria, causing …
Victorian Labor Launches State Electricity Commission: A Renewables-Focused Reboot
In a significant move that marks a turning point in Victoria’s energy landscape, the Victorian Labor government has officially launched the State Electricity Commission (SEC), …
First privately funded large scale battery in Australia marks a tipping point in storage technology
Energy firm Lumea has kicked off the process to construct the country’s first privately funded large-scale battery without any government support by 2022, pushing the …
Potential closure of EnergyAustralia’s Yallourn plant sparks fears of Victoria electricity price spike
Fresh worries about the potential closure of Alcoa’s aluminium smelter in Portland could force EnergyAustralia’s Yallourn coal plant to close early and cause an electricity …
Why did Victoria experience a power blackout and why wasn’t it averted?
The National Energy Market’s Reserve Trade Demand Response mechanism was not enough to prevent a power blackout in Victoria in January, and the breakdown of …
South Australia and Victoria face heatwave blackout as demand outstrips supply
Sweltering conditions in South Australia and Victoria could lead to a heatwave blackout today if additional emergency power is not secured as demand for power …
