AGL and Origin have failed to really embrace decarbonisation as opportunity. They have chosen to ignore the low cost of wind and solar for the supply of bulk energy.
Markets
What if GameStop was replicated on the grid, and storage providers took on coal?
Many think the GameStop led consumer uprising will be limited to Wall St, but there are some parallels for energy market participants.
AEMO prepares for negative NEM demand with request for new rules
With periods of negative electricity demand expected as early as next year, AEMO seeks urgent rule changes to prevent settlement systems falling over.
Delta turns down Taylor’s $8.7 million grant for Vales Point upgrades
Owners of Vales Point power station turn down $8.7 million grant, blaming the Morrison government for taking too long to approve funds for turbine upgrades.
Australian exporters could face $140 per tonne carbon tax, thanks to weak Morrison targets
A lack of meaningful climate policies could see Australian exports slapped with significant new carbon border taxes from Europe.
Tilt Renewables says it has “a number” of suitors, invites binding offers
ASX-listed wind farm developer says it has decided to grant a number of suitors access to due diligence material to enable them to prepare binding acquisition proposals.
Australian carbon credit units surge to 12-month highs: Here’s why
Price of Australian carbon offsets broke through $17 a tonne last week, as big polluters looked to voluntarily offset their greenhouse gas emissions.
Gross domestic product is destroying nature, says landmark UK government report
Dasgupta Review up-ends economic assumptions about biodiversity loss, which is increasingly becoming a mainstream financial concern.
Signs of life at new NSW solar farm, with first generation entering the grid
Signs of first generation from Genex’s new solar farm in NSW, as it parts ways with lead contractor for Kidston solar farm in Queensland.
Why a whole solar farm went “missing” in Queensland
The volume of energy from new wind and solar assets in Australia’s main grid is lower than we might have expected a few years ago. In some cases, much lower.
