Coalition government will be grateful that more wind and solar will be built in next few years, because they will help keep a cap on electricity prices.
Category: Energy Markets
In every State no more than 2 players account for more than 50% of generation market share. That doesn’t encourage competition and is pushing up prices.
With high gas prices partly to blame for the electricity blackouts that hit SA this month, and gas-fired generators caught short in NSW two days later, there are calls for Australia’s onshore gas to flow much more freely.
Climate Council confirms solar now cheapest new power generation, predicts huge year for big solar – not to mention solar and battery storage.
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.
Queenslanders would pay much less for power if the generation sector was split up. The use, or non-use, of the Wivenhoe pumped hydro storage facility illustrates why.
A state by state guide on electricity prices.
Coal dependent NSW, Queensland and Victoria facing biggest rises in electricity costs, possibly more than 20 per cent based on recent prices.
Existing gas generation in South Australia is expensive, inefficient, highly polluting, and controlled by just two market players. Battery storage is a smarter and cheaper option.
EnergyAustralia signs third PPA in 3 months, this time a 13-year deal for all the electricity generated by Victoria’s 60MW Gannawarra Solar Farm.
An in depth analysis of Australia’s energy challenge, and South Australia’s in particular. All existing models are out of date.