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Tag: "NEM"

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Know your NEM: Prices fall, but say goodbye to the good old days

Know your NEM: Prices fall, but say goodbye to the good old days

There will be a cost to decarbonise the economy, its’ just a lot less than the cost of not decarbonising. Generation prices will stay high, network prices will be sticky, and the incentive for “grid defection” is going to continue.

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Reform to "anti-Demand Management" regulations would cut power costs

Reform to “anti-Demand Management” regulations would cut power costs

New study finds smarter electricity network regulation would improve reliability, reduce emissions and cut power bills for energy users.

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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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Six things governments must do to reform the energy market

Six things governments must do to reform the energy market

Australia’s electricity market is no longer working and needs substantial reform. Here’s a list of six things that should happen.

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Finkel's fine line through Australia's testy power politics

Finkel’s fine line through Australia’s testy power politics

Reports delivered by three major Australian institutions on Friday highlighted that wind and solar provide cheapest avenue to decarbonise the grid. But none of the AEMC, CCA or CSIRO could bring themselves to say so. Finkel’s challenge will be to cut through this nonsense.

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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.

1
Know your NEM: Weather cools, prices stay hot

Know your NEM: Weather cools, prices stay hot

As the weather cools, wholesale electricity prices still hover around $100/MWh – still driven by gas prices that are higher than they were a year ago.

13
Someone needs to judge the performance of the AEMC

Someone needs to judge the performance of the AEMC

AEMC’s fundamental blind spot on “environmental sustainability” is at the core of why the rule-maker is providing poor advice to COAG and why the system is failing.

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How the fossil fuel industry has screwed energy consumers

How the fossil fuel industry has screwed energy consumers

Because of the lack of competition that could have been introduced if RET policy was held steady, fossil fuel generators can use their market power to artificially inflate prices, and somehow convince media and politicians that it is all the fault of wind and solar.

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Fast Frequency Service: Treating the symptom, not the cause?

Fast Frequency Service: Treating the symptom, not the cause?

Changes in the approach to frequency control on synchronous units has resulted in changes that have compromised the resilience of the power system to frequency variations.

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Fossil fuel generators may be threat to grid security

Fossil fuel generators may be threat to grid security

Concerns raised again that the NEM’s coal and gas generators can no longer deliver the grid security services expected of them.