Since our last wholesale electricity rates update on July 5, prices have gone up in New South Wales and Victoria by 4.3% and 2.5% respectively. Prices have dropped slightly in …
South Australia to get nine new backup power generators
The South Australian government will purchasing nine new backup power generators to prevent a repeat of last year’s statewide blackout. SA Premier Jay Weatherill announced that the 275 Megawatt turbines …
Australian energy retailers’ profit margins to be revealed
You will soon find out whether you are being overcharged for electricity when the Australian consumer watchdog reveals the profit margins of energy retailers. The Australian Competition and Consumer Commission …
New South Wales to get four new solar farms
The state government has given the green light for four new solar farms that will power 103,000 homes annually to be built in the North West of New South Wales. …
Neoen to build 150MW solar farm in New South Wales
French power company Neoen which teamed up with Elon Musk’s Tesla to hook its South Australia wind farm up to the biggest lithium ion battery in the world has signed …
Queensland coal seam gas flowing to Melbourne alters market dynamics and could drive wholesale prices down
Coal seam gas from Queensland is being exported South, drastically altering the dynamics of the market which could hopefully lead to a drop in wholesale prices. For the past 18 …
Energy chiefs renew call for Clean Energy Target
Australia’s energy production company chiefs have made a renewed call for the introduction of a Clean Energy Target as proposed in the Finkel Review. Speaking during a session of the …
Sparks fly in Brisbane as State and Federal Energy Ministers debate findings of Finkel Report
Things are hotting up in Brisbane as Federal and State Energy Ministers meet at the COAG Energy Council to try and hammer out an agreement on the Clean Energy Target …
Tesla to build giga battery storage plant in South Australia
Tesla is partnering with Neoen to build the world’s largest lithium-ion battery storage plant in South Australia and if it’s not completed within 100 days, it will be free. In …
Electricity Rates Update – June 2017
Since our last wholesale rate update on June 5, electricity rates have registered a drop in New South Wales, Queensland, South Australia and Victoria. Prices are still up by between …