The problem with carbon offsets: We will need them to reach net zero, but they must be real.
“Avoid emissions first:” Offsets needed for net zero, but they must be real
Markets
“We’ve been caught out:” Switch to 5-minute settlement traps market turtles
Alinta admits to being “caught out” by price spikes since 5-minute settlement, and is flagging changes to cap contracts, and maybe a big battery.
China has stuffed up its economy, and now the world will pay the price
China’s dependence on expensive domestic coal power presents huge opportunities for Australia, if it stays the course on switch to lower cost renewables.
Your power bills could be 15% cheaper, if the energy regulator was doing its job
Evidence from takeover bids for Australia’s last two publicly listed electricity network services companies suggests consumers are paying more than they should.
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.
