To understand how electricity is bought and sold on Australia’s complex National Energy Market, we must first look at the different stages of generation, distribution and, finally, consumption. Electricity begins …
Make saving energy a team sport
Electricity costs can cripple a business and it is essential that you engage your team in energy saving to minimise waste. Bringing about a culture change at your business can …
EnergyAustralia to invest $1 billion in gas and pumped hydro projects to transition away from coal
EnergyAustralia will invest $1 billion in new projects including gas turbines and pumped hydro to reduce its dependency on dirty fuels and to diversify its energy sources and transition away …
Tasmania Liberal Government will pull out of National Energy Market if re-elected
The Liberal Government in Tasmania has pledged to leave the National Energy Market (NEM) if re-elected in the upcoming election, igniting fears that Victoria could be left vulnerable in heatwaves. …
Tripling electricity price increases put forecast drops into serious doubt – how can you protect your business?
Businesses facing paying up to a triple electricity price increase when renewing electricity contracts are putting serious doubts on forecasts that energy tariffs will become cheaper in the second half …
China’s new solar highway to generate 1,000 MWh of electricity per year
China continues to blaze a trail in the field of renewable energy by opening the world’s first solar highway which is expected to generate 1,000 MWh per year. The two-lane solar …
EnergyAustralia exploring rubbish to electricity 27 MW biomass energy generation project
Energy giants EnergyAustralia is planning a biomass energy project which will turn rubbish into power to supply 40,000 homes. The ‘rubbish idea’ will be carried out in partnership with Re.Group …
Negative energy prices – European businesses were actually paid to use electricity over windy Christmas weekend
It sounds too good to be true and it is unthinkable in Australia, but businesses in Germany experienced negative energy prices over the Christmas weekend. This means that they were …
Four coal-fired power plants trip in a week as task force says NSW is ill-prepared for blackout scenario
The summer heat is causing a spike in energy demand across Australia and four coal fired power plants have tripped in the space of a week. A report by the …
Wholesale energy prices set to drop by 12% from mid-2018 to 2020 thanks to renewables push
Energy prices are set to fall over the next two years due to an extra 5,300 MW of power generation entering the mix, mostly from renewable energy sources. The Australian …