The Government’s National Energy Guarantee (NEG) has raised more questions than it has answered, with electricity futures rising by a national average of 2.5% up to the year 2020 since …
National Energy Guarantee – Subsidies on renewables to be scrapped in 2020, businesses to save $115 per year
The Government has formally ditched the Clean Energy Target for the new National Energy Guarantee which will push a return to coal, scrap renewables subsidies by 2020 and reduce renewable …
Coalition gives strongest signal yet that it will ditch CET and subsidies on renewables
The coalition government gave a strong signal that it will ditch the Clean Energy Target (CET), with Energy Minister Josh Frydenberg saying that the electricity sector is looking for stability …
Government intervenes to find buyer for AGL’s coal-fired Liddell power station which will be closed in 2022
The Federal Government is trying to find a buyer to prevent the closure of AGL’s New South Wales coal-fired Liddell power station in 2022. AGL has repeatedly stated that it is …
Government reconsiders position on coal power stations
The government is reconsidering its position on high-efficiency low-emission (HELE) coal fired power stations, with Energy Minister Josh Frydenberg saying they have a role to play in the energy mix. Speaking …
AGL boss calls for standard energy price comparison rate
AGL Energy’s CEO Andy Vesey has called for the introduction of a standard energy price comparison rate and Chief Scientist Alan Finkel’s Clean Energy Target. He also speaks about his …
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 …
More blackouts and price hikes if Finkel plan is not backed
Australian Energy Market Operator CEO Audrey Zibelman has warned state and energy ministers that Australia will face grid instability, more blackouts and higher energy prices if they do not back …
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 …
Coal back on government’s agenda, CET not yet adopted
Coal is back on the agenda after the Prime Minister announced that the Federal Government was prepared to finance the construction of new power plants. The Finkel recommendation for a …