News
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March 2024 Electricity Market Review
Market Commentary Electricity prices remained reasonably flat throughout March 2024 with a minor uptick for the next three calendar years in South Australia, Victoria, and Queensland. The National Energy Market prices remain low, however, sitting around the lowest point in…
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Hard-hitting Climate Council report says Australia must reach net zero by 2035
A hard-hitting Climate Council report asserts that Australia must reach net zero emissions by 2035, with “no excuses”, using proven and available technologies and setting and sticking to sensible policies. The Climate Council’s Seize the Decade blueprint outlines how Australia…
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AGL and SunDrive to explore creation of solar manufacturing facility at Liddell site
AGL Energy, Australia’s largest coal generator, and SunDrive, an innovative solar company from Australia, have recently partnered up to explore the possibility of establishing a solar manufacturing facility at the former Liddell coal plant’s site in New South Wales’ Hunter…
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Australia Facing Gas Shortages: AEMO’s Warning and Forecast
Australia is bracing for potential gas shortages expected to start in 2025, with the Australian Energy Market Operator (AEMO) raising concerns about supply gaps and the need for urgent action to counter shortages due to peak demand days. In its…
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February 2024 Electricity Market Review
Market Commentary In February 2024, electricity market observers saw that uncertainty over negotiations to extend the lifespan of Eraring coal power station – currently on track to close in 18 months – is keeping power operators in the dark. Downward…
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