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 …
Has Australia’s energy gentailer business model passed its used-by date?
The landscape in Australia’s electricity market is undergoing a seismic shift at present with cheap renewable energy flooding into the market and causing some serious questions to be asked about …
Wholesale electricity prices to remain stable until 2023 if big batteries, hydro, and gas- peaking plants firm up renewables
The volume of renewable energy generated, rooftop solar uptake, falling coal and gas prices and lower demand have all contributed to wholesale electricity spot prices, which are currently the lowest …
Wholesale electricity prices expected to drop under new 5-minute trading interval
Wholesale electricity prices in Australia will be traded at an interval of 5 minutes as from 1 July 2021, replacing the current 30-minute interval system. The Australian Market Commission said …
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 …