A big question doing the rounds is why are energy retailers choosing to pay fines rather than meeting their renewable energy quotas? It is interesting to see that a growing …
National Energy Guarantee to be implemented within two years if COAG Energy Ministers give approval in April
The Federal Government’s National Energy Guarantee (NEG) will be pushed through within two years if Soth Australia gives its backing to the plan, as it is expected to. If South …
Smaller energy retailers warn that NEG could lead to higher electricity prices
Smaller energy retailers have sounded the alarm over the Federal Government’s National Energy Guarantee, stating that it could have “dire consequences” on the market, including higher electricity prices. The Energy …
Businesses could make substantial energy cost savings under NEG as modelling predicts wholesale prices will drop 23%
Wholesale electricity prices could drop by up to 23% between 2020 and 2030 according to independent modelling on the Federal Government’s National Energy Guarantee leading to savings of up to …
The National Energy Guarantee and its effect on businesses
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 …
Energy experts split over effect that NEG will have on renewable energy generation when subsidies are scrapped
Bloomberg New Energy Finance has given the seal of approval to the Turnbull government’s National Energy Guarantee, saying the NEG could even become a policy that will be copied around …
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 …
Government isolated as Business Council and energy chiefs back Clean Energy Target
The Federal Government is completely isolated in its belief that the Clean Energy Target should be scrapped after Origin Energy, Transgrid and Business Council of Australia President Grant King backed …
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 …
61% of Liberal voters want a Clean Energy Target
A poll by the Climate Council has found that 61% of Liberal supporters want the Turnbull Government to deliver and implement a Clean Energy Target to end uncertainty in the …