Insights
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November 2024 Electricity Market Review
Market Commentary Electricity spot prices rose substantially across the entire National Electricity Market (NEM), with most states doubling over November 2024. The spot market situation had a knock-on effect on wholesale futures prices with pricing rising in all states except…
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Unlocking Value for New Connections: Why Engaging Experts for Your Electricity Contract Matters
For businesses embarking on new developments, securing a new electricity connection is critical in getting operations up and running. Yet, this process often becomes a source of confusion, delays, and unnecessary costs when handled without expert guidance. At Energin (formerly…
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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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