The future of one of Australia’s largest coal-fired power stations – AGL’s Bayswater – has been called into question after its largest customer, aluminium smelter Tomago, announced that it aims …
New paid solar export plans will allow uncapped selling of electricity into the grid
Rooftop solar owners will be able to export some excess solar generation into the grid under new rules issued by the Australian Energy Market Commission but will have to sign …
Electricity contracting – Why market timing is key
What the vast majority of businesses may not know about electricity contracting. You can in fact secure your electricity agreements in advance. For example, if a business has a contract …
Australia’s major electricity generators want national plan to phase out coal generation
Australia’s major electricity generators have issued a united call for a national plan to phase out coal generation to prevent market volatility, price shocks, and potential blackouts. AGL Energy chief …
Fire at Geelong battery during final testing did not create futures price spike but raised questions about reliability of supply and safety
The recent fire at a large-scale battery facility in Geelong Victoria did not trigger price volatility in the electricity futures market because it was still in the commissioning stage, meaning …
Has your business been placed on an Ergon demand based tariff ?
If your business is based in far North Queensland, it may be worth checking to see if your obsolete business network tariffs, has been replaced with an Ergon demand based …
How to shield your business from natural gas price spikes
A series of unlinked events has caused gas price spikes, peaking at six times the average price, in turn impacting substantially on wholesale electricity prices. Cold weather, gas production issues, …
Electricity generators warned of heavy fines if they undermine the stability of the National Energy Grid
Traditional and renewable electricity generators and gas suppliers have been warned that they face heavy fines by the Australian Energy Regulator (AER) if they take actions that undermine the stability …
ACCC investigating electricity retailers to ensure wholesale price drop is passed on to consumers
The Australian Competition and Consumer Commission (ACCC) is investigating electricity retailers’ prices to ensure that recent wholesale price drops are being passed on to customers. The ACCC watchdog pointed to …
First privately funded large scale battery in Australia marks a tipping point in storage technology
Energy firm Lumea has kicked off the process to construct the country’s first privately funded large scale battery without any government support by 2022, pushing the renewable energy transition phase …