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Tag: "National Electricity Market"

11
NEG modelling assumes electricity to deliver just 5% of emission cuts

NEG modelling assumes electricity to deliver just 5% of emission cuts

Given the electricity sector accounts for around one-third of national emissions, it must be asked why the government is only seeking to achieve 5% of the required abatement from the NEM.

54
Australia's biggest coal state, NSW, also biggest electricity importer

Australia’s biggest coal state, NSW, also biggest electricity importer

South Australia’s renewables grid is often criticised for relying on “imports” from other states. But no grid relies more on imports than NSW, the grid with the highest percentage of coal generation.

36
Tasmania wants to quit “broken” NEM as major parties agree it needs reform

Tasmania wants to quit “broken” NEM as major parties agree it needs reform

Tasmania’s Liberal government flags plan to quit NEM, as bipartisan Parliamentary report concludes electricity market is broken, needs rebuilding.

2
Consumers miss out on renewables benefits as Big 3 pocket profits

Consumers miss out on renewables benefits as Big 3 pocket profits

UNSW energy researcher says bad policy design means industry incumbents can use large-scale solar and wind tenders to get their costs down, without necessarily passing on savings to consumers.

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Energy regulator smashes illusion of "cheap" coal power in NSW

Energy regulator smashes illusion of “cheap” coal power in NSW

AER report absolves big generators of predatory bidding during demand peaks, but they hardly need to: The cost of “baseload” coal supply in NSW has jumped so high that there is no such thing as “cheap” coal generation.

5
It's economics, stupid! Days of "baseload only" power over

It’s economics, stupid! Days of “baseload only” power over

RepuTex report affirms renewables a ‘lay down misere’ to out-compete, and replace, traditional fossil-fuel sources in Australia.

8
Energy Locals calls out 'gen-tailers' for driving up prices, hurting customers

Energy Locals calls out ‘gen-tailers’ for driving up prices, hurting customers

Energy Locals becomes second market player in week to hit out at fossil fuel generators for “deliberately” driving up electricity bills.

19
What do consumers get out of the Finkel blueprint?

What do consumers get out of the Finkel blueprint?

The short answer is, not a lot. Finkel promises savings of $92 a year by 2030, but most customer bills are going to jump $300 a year next month. Nothing much will change until utilities can match the cost of new technologies, rather than hiding behind regulatory barriers.

29
AEMO says major market reform essential to cut energy prices

AEMO says major market reform essential to cut energy prices

AEMO and ARENA again plead for changes to market rules to keep pace with extraordinary change of technology. Australia’s over-buit grid is locked in 20th century, with much capacity sitting idle and peaking plants trying to recoup a year’s revenue in just a few hours.

3
Video: Wind, solar cheaper than coal and gas, so let's get on with it

Video: Wind, solar cheaper than coal and gas, so let’s get on with it

ARENA CEO tells Senate Committee new wind and solar power generation is already, on average, cheaper than existing fossil fuel generation on the NEM.

0
Know your NEM: Energy prices continue to rise as policy stagnates

Know your NEM: Energy prices continue to rise as policy stagnates

Australia remains one of world’s most expensive places to develop renewables, when it should be one of the cheapest.