The biggest problem facing Australia’s National Electricity Market is that it has no management team. But someone has to accept responsibility for the mess.
Regulator says re-bidding by major gas players caused major South Australia power price spikes in August and September.
AER Ring-fencing Guideline delivers retailers victory in battle over access to Australia’s solar and battery storage market, effectively ruling networks out of the game.
SA Power Networks proposal to charge rooftop solar customers up to $100 a year more for grid access has again been rejected by the Australian Energy Regulator.
Biggest spike in electricity prices in South Australia in last week of June caused by failure of gas generation unit, regulator says.
New analysis shows how gas generators cashed in on the recent big spikes in wholesale electricity prices in Australia. But they were not the only ones to benefit. The regulator is investigating to check that all is above board, but it’s complicated.
Victorian electricity networks to have revenue allowances downgraded by more than $2.3bn in 2017 – a cut that could reduce household electricity bills by up to $120 out to 2020.
Consumer groups join court action against South Australia move to impose higher network charges on solar households. They argue the charges are discriminatory and self-defeating, and will simply encourage more people to quit the grid.
Captive consumers are losing out again in network spending decisions. Democracies have ways of dealing with such cognitive dissonance. Its past time that the people were heard.
Energy market analysts and consumer advocates slam plans to let Australia’s ‘dinosaur’ electricity networks spend another $50bn on poles and wires in the next five years, saying it will result in a bigger, dumber grid that is less prepared than ever for the low-carbon revolution.
Networks say they don’t really want to penalise people for leaving the grid. They just want to recoup their costs now, because the assets may not be so useful in the future.