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Category: Utilities

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Australian wind delivers more record low prices, as private sector piles in

Australian wind delivers more record low prices, as private sector piles in

AGL Energy secures PPA of below $60/MWh for 453MW Coopers Gap Wind Farm, to be built in Queensland by 2019 after reaching financial close Thursday. AGL chief says deal signals private sector’s readiness to invest in Australian renewables – but warns policy certainty still vital.

1
AGL launches free rooftop solar energy monitoring service

AGL launches free rooftop solar energy monitoring service

AGL is offering households with rooftop solar systems a free service to help them protect potential savings by monitoring their systems.

9
Origin rides high power price wave – but says it has to stop

Origin rides high power price wave – but says it has to stop

Origin results show its retail division made the most of a “transitioning energy market.” But CEO says further power price rises “bad for everyone.”

8
Origin to add "a Hazelwood" of renewables by 2020, but says CET remains "critical"

Origin to add “a Hazelwood” of renewables by 2020, but says CET remains “critical”

Despite an upbeat renewables outlook, Origin Energy CEO says the market is not out of the woods yet, and that for investment to keep up momentum, policy stability remains at a premium, and the introduction of a Clean Energy Target is critical.

21
Failed experiment: Now it's retail arms gaming energy consumers

Failed experiment: Now it’s retail arms gaming energy consumers

First it was the networks, then generators. Now it’s the retail arms gouging consumers. A bipartisan review of Victoria’s retail electricity market reveals a failed experiment that has delivered the most inflated power bills in Australia.

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It's absurd. But consumers may be better off quitting the grid

It’s absurd. But consumers may be better off quitting the grid

As long as Australia’s energy networks hold on to their inflated asset base, and generators and retailers to their inflated profit margins, consumers will have no choice but to take matters into their own hands with solar and battery storage. But what a hopeless failure in public policy that would be.

2
Origin signs PPA for new 150MW solar farm in north Queensland

Origin signs PPA for new 150MW solar farm in north Queensland

Origin signs 13-year PPA for output of edify Energy’s 150MW Daydream Solar Farm in Queensland – one of the state’s biggest.

18
AGL cashes in on coal splurge, renewable investment drought

AGL cashes in on coal splurge, renewable investment drought

AGL’s multi-billion investment in coal generators, and the recent investment drought in new wind and solar plants, have delivered windfall gains to the country’s biggest generator. It also increased its margins from consumers, despite its offer of discounts.

36
Penny drops for Turnbull: Consumers are being gouged on energy

Penny drops for Turnbull: Consumers are being gouged on energy

It may finally be dawning on the PM that it’s not wind and solar pushing up cost of electricity, but profiteering of incumbent utilities.

3
"Boot-camp" for clean energy start-ups launched in Melbourne

“Boot-camp” for clean energy start-ups launched in Melbourne

A new start-up accelerator program dedicated entirely to fast-tracking the commercialisation of innovative energy market technologies and solutions has been launched in Australia.

9
EnergyAustralia: "The truth about coal is that it is not cheap"

EnergyAustralia: “The truth about coal is that it is not cheap”

EnergyAustralia says coal is not cheap and idea that new coal plants could reduce electricity costs is a “myth”. This comes as the ACCC vows to focus on bidding practices in wholesale markets, an issue completely ignored by AEMC, the market rule maker.