Hopes of an early return to normal economic life faded in July as the second wave of Coronavirus rolled across Victoria and possibly into NSW. Energy futures markets have largely …
Solar Sponge Tariffs could be the answer to the Electricity industry’s Duck Curve problems
A new buzz term is circulating in the electricity sector as network operators look to introduce super cheap ‘solar sponge’ tariffs to reshape grid demand and encourage customers to shift …
South Australia tries to change user behaviour with daytime electricity tariff discounts
South Australian retailers are likely to start introducing huge daytime electricity tariff discounts to offset the dip in demand which is destabilising the grid, causing spot prices to bottom out …
June 2020 Energy Market Review
Energy price volatility has crept back into the electricity futures markets after a short period of relative stability. The easing of lockdown restrictions combined with some minor unplanned outages sent …
Cost of electricity in Australia – How are we doing in 2020?
We’re only five months into 2020 but we don’t think it’s premature to say that it hasn’t been the easiest year for Australians. From 2019 until early this year, the …
Large-scale energy users can trade reduced demand under Wholesale Demand Response rule from October 2021
As from October 2021, large-scale energy users will be able to sell scaled-back use of electricity into the grid under the Wholesale Demand Response rule. The rule is set to …
May 2020 Energy Market Review
Soft spot prices and rock bottom futures continued into the first half of May with mild weather, COVID-19 restrictions and plentiful supply all playing a part. AEMO released an analysis …
Phasing out of halogen lamps in Australia pushed back to late 2021
Australia is pushing back the introduction of new legislation to phase out halogen lamps by 12 months to keep the policy in line with the European Union. Halogen lamps were …
April 2020 Energy Market Review
Wholesale electricity prices continue to tumble as the energy market anticipates a COVID-19-induced reduction in demand. While demand in the National Energy Market is down for April 2020, the reduction …
Solar and battery installations instant asset write-off upped to $150,000 under Coronavirus Stimulus Package
The new $17.6 billion Coronavirus stimulus package announced on March 12 lifts the threshold for instant asset write-offs, which may include solar and battery installations, to $150,000 (from $30,000) until …