Pool prices are consistently below zero in the middle of the day, a strong signal for battery storage, and for coal generators to learn to dance.
Flexible capacity, delivered through battery storage, pumped hydro and new market concepts, is going to rapidly overtake the old baseload paradigm.
Last mile networks are much more valuable than our biggest generators. We need to rethink pricing and regulations to get the best out of distributed energy.
Up to $US68 billion of US coal and gas assets could end up stranded as mix of federal and state policy incentives drive rapid shift to renewables.
Total annualised wind and solar output has reached a new benchmark of 50TWh on Australia’s main grid, and pushed prices down again.
The worst outcome of a capacity market is to keep coal generation going without inducing new capacity.
Origin might as well take advantage of federal government support of the gas industry and get out of gas while it can still find buyers.
Wind and solar projects are queuing up, but short term factors and high coal prices cause us to lift our wholesale price forecasts.
Electric vehicles sales are taking off around the world. Can Australia seize the opportunity?
The failure of policy makers and regulators is now being felt in the electricity market, and consumers are being sent the bill.