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. …
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 …
Good news for consumers as Alinta challenges Big Three on East Coast market
Alinta’s acquisition of the Loy Yang B coal-fired power station in Victoria for $1.2 billion could mean good news for energy users as the Chinese-owned firm challenges the Big Three …
Electricity rates update: October 2017
Since our last wholesale electricity rates update on October 11, futures prices to date have gone up in all states under review. The biggest increase was experienced in Queensland with …
Victoria issues $1.5 billion renewable energy tender
Victoria’s state government has announced Australia’s biggest ever renewable energy tender at a whopping $1.5 million in a charge to drive electricity prices down. Victoria’s Premier Daniel Andrews said that …
Battery storage and solar panel prices plummeting
The plummeting costs of solar panel and battery storage installations mean that the time to invest in them is now, according to an expert in the field. Writing in The …
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 …
Energy deal discounts are misleading – Watchdog
Consumers are being lured into energy deals with promises of huge discounts, completely unaware that the companies can increase the prices at any time. The findings were made by Victoria’s …