This year, the retail part of the electricity sector will be getting lots of official attention. Deservedly so, because the “cheap offers” are no longer so cheap.
Articles by Bruce Mountain
A state by state guide on electricity prices.
What can sensibly be done to get us Australia out of its current electricity market mess? The real problem is not renewables – it’s poor governance.
JP Morgan say that with rapid coal generation closure, AGL may be worth more than the market currently thinks. But maybe not.
New data shows that in South Australia, battery storage is already offering significant savings – as much as 25% on annual electricity bill costs – to households with solar. Retailers will need to turn to Plan B.
New pricing for Tesla Powerwall suggests solar and battery storage now competitive with grid power. For about $16,000, consumers can slash their grid bill to almost nothing and not worry about blackouts. The strategic and commercial implications are marvellous or frightening, depending on your vested interest.
AGL’s new fixed price offer to Victorian households suggests it expects much higher wholesale prices over the next two years.
When catastrophic failures occur, people quickly demand explanations and start to point fingers. Sometimes it’s best to check the data.
Grattan Institute’s latest report suggest rapid expansion of renewable capacity means higher electricity prices. But is that true?
According to the Victorian pricing authority – yes they are. But is this a “market failure” that justifies regulatory intervention, or are we missing something?