News
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Project EnergyConnect links South Australia, New South Wales, and Victoria
The $2.3 billion EnergyConnect transmission project is now live. It will directly link the power grids of New South Wales, South Australia, and Victoria and allow renewable energy to flow between them. The transmission project is not just a feat…
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October 2024 Electricity Market Review
Market Commentary The fragility of Australia’s energy grid infrastructure came under the spotlight in October 2024 when Broken Hill suffered a prolonged outage caused by extreme weather events. These events led to damage to transmission towers and the failure of…
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Akaysha Energy Secures Record A$650 Million Financing for Orana BESS Project in the Volatile NEM
Akaysha Energy has secured an A$ 650 million debt financing for the Orana Battery Storage System (BESS) project. As one of the largest 4-hour batteries in the world, it is projected to provide 415MW/1660MWh of storage to the National Electricity…
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Recent developments at Broken Hill: Energy Challenges and Resilience
The resilience and difficulties of the local energy grid were underscored by a series of events that affected the electricity infrastructure in New South Wales’s Broken Hill region in October 2024. Let’s take a more in-depth look into the events…
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September 2024 Electricity Market Review
Market Commentary Electricity spot prices tumbled dramatically in September 2024 compared to the previous month of August while wholesale futures remained stable thanks to cool temperatures, low demand and abundant renewables flowing into the grid. The drop in spot prices…
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