News
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Market volatility rages after extreme weather event causes Loy Yang power station to trip
The National Energy Market’s vulnerability and susceptibility to volatility were fully demonstrated yesterday after a freak storm brought down six transmission towers in Victoria, causing the Loy Yang power station to trip, leaving half a million homes and businesses without…
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Engie announces closure of two diesel generators in South Australia
In South Australia, a landscape dominated by renewables, Engie has announced the closure of the Snuggery and Port Lincoln diesel generators. The impending shutdown poses challenges and ushers in opportunities, highlighting the intricate balance between demand and supply in the…
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Callide Power Trading faces federal court proceedings, return to service delayed again
The Australian Energy Regulator (AER) has launched legal proceedings against Callide Power Trading Pty Ltd for a breach of performance standards at the Callide C power station after an explosion resulted in Queensland blackouts. Blackout Chaos Unveiled: 3,045 MW of…
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January 2024 Electricity Market Review
Market Commentary The National Energy Market saw a decline in spot and futures electricity prices across all states except Queensland, a trend that originated in Q4 2023. In January 2024, Queensland stood out as an exception due to the delayed…
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