Markets
Wholesale electricity prices have jumped since the Liberal Party leadership spills.
Stability in energy efficiency markets came to an abrupt end in August due to concerns about future supply from residential sources, the Victorian election and solar hot water policy...
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Renewables
Renewable energy market report: The ups and downs of political ructions
Concerns around project delays temporarily buoyed renewable certificate market, while concerns the Coalition is intent on abolishing the SRES saw STC prices tumble.
If Scott Morrison is serious about bringing down power prices he should be walking around Parliament with a solar panel not a lump of coal.
The splitting of the federal government energy and environment policies marks the end of the best chance for bipartisan approach to climate change.
Both AGL and Origin are earning more than cost of capital, but so they should be at this point in the cycle.
A NEG is worth having only if the ambition can be (easily) lifted, otherwise it's worse than useless, locking in a do-nothing policy for a decade.
Management at a speculative gold mining company would blush at some of the outrageous claims made in the modelling the ESB “leans heavily on” to justify the NEG.
The NEG will produce just 1 GW - $2bn of new investment in 10 years. It is barely credible. Perhaps the ESB should be renamed the Energy Insecurity Board.
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Storage
Where’s Waldo? The wobbly assumptions underpinning the NEG
ESB price assumptions don't make sense, and no company would make such a crucial decision based on such flimsy evidence.