The Australian Energy Market Operator (AEMO) has issued a heat alert to safeguard against potential shortfalls in energy supply as much of South and Eastern Australia braces for a heatwave …
Neoen and Tesla to build renewable energy projects in Victoria
The state government of Victoria has signed an agreement with French renewable energy specialists Neoen to construct a 20 MW Tesla battery storage plant project and a 200 MW wind …
Tesla battery responds in 0.14 seconds to keep Victoria’s lights on
Elon Musk’s Tesla battery in South Australia has been called into action twice to stop power outages since it began operations at the end of November 2017, kicking in at …
Blockchain energy trading platform Power Ledger grows on cryptocurrency boom
Blockchain technology-based energy trading platform Power Ledger has seen its value increase 100% as a result of its October Initial Coin Offering being backed by Bitcoin, Ethereum and Litecoin, which …
China launches world’s largest carbon trading scheme
China has rolled out a tax on pollution with its long-awaited national carbon trading scheme, covering the power generation and heating industries. The new policy was rolled out by The …
Four coal-fired power plants trip in a week as task force says NSW is ill-prepared for blackout scenario
The summer heat is causing a spike in energy demand across Australia and four coal fired power plants have tripped in the space of a week. A report by the …
Wholesale energy prices set to drop by 12% from mid-2018 to 2020 thanks to renewables push
Energy prices are set to fall over the next two years due to an extra 5,300 MW of power generation entering the mix, mostly from renewable energy sources. The Australian …
Generator bidding averts energy shortfalls in South Australia and Victoria
The Australian Energy Market Operator’s Summer Readiness Plan was tested for a second time this week and did its job as generator bidding addressed potential shortfalls in energy supply. AEMO …
AGL will close coal-fired Liddell plant in 2022 and replace it with gas, solar, batteries and possibly hydro
AGL Energy has rejected a plea by the Federal Government to keep its Liddell coal-fired power station in New South Wales open beyond 2022. It will make up for the shortfall …
Rising coal prices and Hazelwood closure to blame for sustained high wholesale electricity prices in New South Wales
The Australian Energy Regulator (AER) has found that rising coal prices, the closure of Hazelwood and limited supply is causing high sustained wholesale electricity prices in New South Wales. Average …