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Tag: "National Electricity Market"

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It's economics, stupid! Days of "baseload only" power over

It’s economics, stupid! Days of “baseload only” power over

RepuTex report affirms renewables a ‘lay down misere’ to out-compete, and replace, traditional fossil-fuel sources in Australia.

8
Energy Locals calls out 'gen-tailers' for driving up prices, hurting customers

Energy Locals calls out ‘gen-tailers’ for driving up prices, hurting customers

Energy Locals becomes second market player in week to hit out at fossil fuel generators for “deliberately” driving up electricity bills.

19
What do consumers get out of the Finkel blueprint?

What do consumers get out of the Finkel blueprint?

The short answer is, not a lot. Finkel promises savings of $92 a year by 2030, but most customer bills are going to jump $300 a year next month. Nothing much will change until utilities can match the cost of new technologies, rather than hiding behind regulatory barriers.

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AEMO says major market reform essential to cut energy prices

AEMO says major market reform essential to cut energy prices

AEMO and ARENA again plead for changes to market rules to keep pace with extraordinary change of technology. Australia’s over-buit grid is locked in 20th century, with much capacity sitting idle and peaking plants trying to recoup a year’s revenue in just a few hours.

3
Video: Wind, solar cheaper than coal and gas, so let's get on with it

Video: Wind, solar cheaper than coal and gas, so let’s get on with it

ARENA CEO tells Senate Committee new wind and solar power generation is already, on average, cheaper than existing fossil fuel generation on the NEM.

0
Know your NEM: Energy prices continue to rise as policy stagnates

Know your NEM: Energy prices continue to rise as policy stagnates

Australia remains one of world’s most expensive places to develop renewables, when it should be one of the cheapest.

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Energy storage one of Australia's "big opportunities:" Finkel

Energy storage one of Australia’s “big opportunities:” Finkel

Australia’s chief scientist says battery and energy storage a “tremendous” innovation opportunity – and a primary focus for Commonwealth Science Council.

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Finkel to lead NEM review, but states hold to renewable targets

Finkel to lead NEM review, but states hold to renewable targets

Alan Finkel to lead a review of Australia’s electricity market, but states hold to individual renewable targets after Coalition failed to offer a post 2020 target. Battery storage a major focus.

10
South Australia says national grid holding back renewables

South Australia says national grid holding back renewables

SA environment minister says outdated grid and “straitjacket NEM” is greatest hurdle to the rapid and efficient growth of renewable energy generation.

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Coal generation hits 3-year high in Australia following carbon price repeal

Coal generation hits 3-year high in Australia following carbon price repeal

A two-year high in black coal output helped deliver a continued rise in emissions on Australia’s NEM, and pushed coal to 75.6% in the generation mix.

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Churn and burn: The high price of a broken electricity market

Churn and burn: The high price of a broken electricity market

Energy Australia’s move to send call centre jobs offshore is another example of Australia’s failed retail electricity market – and its cost to consumers.