A follow up meeting to last month’s gas summit is to be held today as Prime Minister Malcolm Turnbull looks to pile on the pressure to drive energy prices down. …
New $450 million wind farm for South Australia
Singapore-based Nexif Energy looks set to go ahead with a $450 million wind farm investment in SA after Queensland-based retailer ERM Power signed deals to buy the renewable energy certificates …
New gas energy deal struck in South Australia on Day One post-Hazelwood
Electricity costs will not drop despite ACCC price gouging probe – Act Now! Origin to supply Engie with gas to create 240MWs for South Australia Government negotiating for cheaper gas …
Electricity Rates Guide – March 17
Since our last wholesale rate update on February 17, electricity rates across NSW, QLD, SA and VIC have increased significantly. These wholesale price trends have been reflected with substantial increases …
Hazelwood coal plant shutdown begins today
More cheap energy coal plant closures expected Businesses hit by high spot and futures prices Creaking technology close to breaking point Victoria’s cheap but dirty coal energy generation plant begins …
Federal Government orders energy pricing investigation
Consumer watchdog to prepare preliminary energy report within six months Businesses need to act now to avoid short-term pain “Better power deals vital” – PM Malcolm Turnbull Energy pricing strategies …
Prime Minister Turnbull set to announce $2bn expansion of Snowy Hydro plant
Output of Snowy to increase by 50% on project completion in 2022 2,000 MW of power output will power 500,000 homes Power will be channelled into National Energy Market Energy …
Electricity Rates in Review – February 2017
Since our last wholesale rate update in December 16, electricity rates across NSW, QLD and VIC have increased significantly. Increases in South Australia were relatively subdued. These wholesale price trends …
Electricity Market Wrap – November 16
Wholesale electricity markets continue to trend upward largely due to uncertainty relating to the future mix of generation. Specifically, how much longer will we have the cost-benefit of cheap brown …
Electricity Market Wrap (14/11/2016)
Wholesale electricity markets continue to trend up due to supply-side generation challenges and rising coal and natural gas prices. For the month of October, Electricity futures in all states increased …
