The head of a major energy company in Australia has warned that shutting down coal and gas power plants too early will expose the national power grid to significant risks. In an interview with the Australian Financial Review, EnergyAustralia managing director Mark Collette said there needed to be some form of agreement between governments and…

The head of one of Australia’s largest energy company’s has warned electricity prices in the country could spike by more than 35 percent amid the push for net-zero. “When we run our modelling for energy pricing next year, using the current market prices, tariffs are going up a minimum 35 per cent,” said Jeff Dimery,…

The head of one of Australia’s largest energy company’s has warned electricity prices in the country could spike by more than 35 percent amid the push for net-zero. “When we run our modelling for energy pricing next year, using the current market prices, tariffs are going up a minimum 35 percent,” said Jeff Dimery, CEO…

Households and businesses in Australia will pay more for electricity and gas in the coming months as energy providers work to deal with soaring wholesale costs. The latest of the “Big Three” energy providers, EnergyAustralia, announced its price hikes set to affect around two-thirds of its 2.4 million customers on Aug. 1. The other one-third…

Australian Energy Market Operator (AEMO) has confirmed that Victoria still has enough power supply to meet demand after a fire caused the Yallourn Power Station to slash its generation capacity. A small fire broke out in one of the coal storage facilities at Victoria’s largest power station in the Latrobe Valley at about 6.30 a.m….