The 700-Megawatt Callide B Queensland coal-fired generator will shut down 10 years ahead of schedule in 2028, prompting fears that night time spot prices will spike. Queensland is very heavily …
Energy gaming by generators cost Australian consumers $3.4 billion between 2013 and 2017
Electricity generators deliberately manipulated the National Energy market by bidding, withdrawing bids to create artificial scarcity, and rebidding to force prices upwards in a process called ‘energy gaming’ which has …
Queensland set for a whopping 2GW+ worth of solar farm projects
Queensland solar farms have jumped forward with the opening of the 100 MW Clare solar farm exporting energy into the grid and a further 2GW of solar power planned for …
April electricity rates update
Electricity rates – Futures prices dropped in New South Wales, Queensland, South Australia, and Victoria from 1 April through to May 17. The biggest drop was experienced in New South …
First major solar battery farm in Australia connected to the national grid goes live
Australia’s first major solar battery farm connected to the national grid has been switched on in Queensland. Lakeland Solar and Storage, near Cooktown in the North of Queensland, will provide …
Queensland energy retailer offering ‘discounts’ on made- up rates
A Queensland energy retailer has been found selling electricity plans with an energy discount that applies only to made-up base rates, resulting in users paying hundreds more dollars a year …
Queensland coal seam gas flowing to Melbourne alters market dynamics and could drive wholesale prices down
Coal seam gas from Queensland is being exported South, drastically altering the dynamics of the market which could hopefully lead to a drop in wholesale prices. For the past 18 …
Watchdog to investigate Queensland energy producers
State-owned power companies in Queensland are being investigated for price gouging and strategic bidding by the Australian Competition and Consumer Commission (ACCC). The ACCC said that the probe is part …
Energy prices lead to threat of Glencore QLD closure
Business leaders have warned that skyrocketing energy prices will force some enterprises to close their shutters, leading to job loses and that Australia is unlikely to win over any big …
Electricity Rates Guide – March 17
Since our last wholesale rate update on February 17, electricity rates across NSW, QLD, SA and VIC have increased significantly. These wholesale price trends have been reflected with substantial increases …