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Category: Energy Markets

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Energy consumers are paying for useless, profit-boosting infrastructure

Energy consumers are paying for useless, profit-boosting infrastructure

It is difficult not to lapse into despair about Australia’s energy policy morass, which is dominated by a deeply entrenched culture of half-truths, vested interests, ideology and wishful thinking.

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30 reasons to question the National Energy Guarantee. And it's not just politics

30 reasons to question the National Energy Guarantee. And it’s not just politics

The Coalition’s proposed National Energy Guarantee is not a policy at all, just the idea of one. And attractive as it may be on a notional level, it is a long way short of being “workable” or even remotely effective. Here are 30 reasons why it should be approached with caution.

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Why the NEG could be a "terrible outcome" for renewables

Why the NEG could be a “terrible outcome” for renewables

NEG design could have immediate impact on large-scale renewable energy projects, particularly those looking to by-pass control of big gen-tailers” and go “merchant”.

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The NEG will reduce competition, and that's not good for prices

The NEG will reduce competition, and that’s not good for prices

It seems like the government’s plan may reduce competition, and that is never good for price in the long run. One of the many advantages of state run reverse auctions is they introduce new suppliers and new players into the system.

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The no-name policy with little chance of reducing power prices

The no-name policy with little chance of reducing power prices

The runway to strong emission reductions at an affordable price is at risk of being thrown away under the Coaliton’s new policy, which could require retailers to buy the output from its own expensive Snowy Hydro project. The energy mafia would approve.

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The NEG: A carbon price by any other name

The NEG: A carbon price by any other name

Assuming it is implemented, the Turnbull government’s National Energy Guarantee will in effect establish a de facto price on carbon emissions from the power sector.

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Abbott 1, Consumer 0. Turnbull's energy fudge locks in high prices

Abbott 1, Consumer 0. Turnbull’s energy fudge locks in high prices

If one thing is clear from the Coalition’s new energy policy announcement today, it is that Tony Abbott has won, and consumers have lost. Even in the most optimistic scenario presented by the government, energy consumers will see little reduction in their energy bills over the next decade. And that’s outrageous.

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Live: Turnbull unveils new energy plan - national energy guarantee

Live: Turnbull unveils new energy plan – national energy guarantee

The Turnbull Coalition government unveils its new energy policy.

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Know your NEM: Laws of physics grind slowly, but surely

Know your NEM: Laws of physics grind slowly, but surely

With energy policy set to remain a political battleground in Australia, physics, in the form of global warming, will continue to gradually push decarbonization to the top of the policy agenda.

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Australia wind and solar power overtake gas in September

Australia wind and solar power overtake gas in September

Not long ago, energy market modellers thought we’d be building gas turbines everywhere to hit our emissions targets. How quickly things change.

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China dances the seven veils of decarbonization

China dances the seven veils of decarbonization

China’s decarbonization boat stayed in harbour this year but the winds of change continue to blow.