Evidence from takeover bids for Australia’s last two publicly listed electricity network services companies suggests consumers are paying more than they should.
Your power bills could be 15% cheaper, if the energy regulator was doing its job
Markets
Morrison and Joyce need to follow the trillions shifting to zero emissions
Regardless of whether Morrison and Joyce can come to a deal, investors are already shifting trillions of dollars in preparation for net zero.
It’s spring on the NEM, when daytime prices go negative and coal plants learn to dance
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.
“Race to replace”: We need to tie new energy capacity with the exit of old generators
There are many options to manage the energy transition that don’t involve capacity payments.
APA Group launches rival $10 billion takeover bid for network owner AusNet
APA Group joins battle for network owner AusNet with $10bn rival takeover bid, saying a merger would accelerate Australia’s energy transition.
Brookfield dives into Australian energy transition with $9.6b takeover bid for AusNet
Brookfield launches $9.6 billion takeover bid for AusNet, meaning most of Australia’s privately owned networks could be about to change hands.
Australia needs to spend $165bn to rapidly decarbonise grid, but we’ll be better for it
Australia’s go slow on climate means it faces one of the steepest decarbonisation challenges, but doing so will leave consumers better off.
BHP board backs shareholder call to review membership of pro-coal industry groups
BHP board backs shareholder push to review membership of industry groups opposed to climate action – but will it change anything?
Australia’s hidden carbon market: New options allow companies to out-bid government
Surging prices in voluntary market means that carbon abatement projects are now likely to be funded by companies rather than the government.
Baseload coal is rapidly losing value, and is biggest risk to Australian utilities
Coal will struggle to remain economically viable beyond 2030. Companies with a heavy exposure, like AGL, need to act quickly to survive.
