A new analysis has found that inflation and supply chain issues have caused significant increases in the cost of renewable energy projects in Australia, with cost pressures likely to remain till the end of this decade. The Commonwealth Scientific and Industrial Research Organisation (CSIRO) and the Australian Energy Market Operator (AEMO) have released a report…
Energy Operator Runs From Farmers Protest Over Controversial Powerline Projects
The Australian Energy Market Operator (AEMO) has stood by its decision to be absent from a meeting in Western Victoria, where residents and farmers protested power lines being built on local farms. The meeting came after a convoy of tractors and utes rolled into the streets of St Arnaud on Monday to fight against the VNI-West…
Tractor Convoy Rolls as Farmers Lash Powerline Plan
A convoy of tractors has rolled into a Victorian town as farmers protest plans to build hundreds of kilometres of powerlines over their properties. Farmers furious about two projects have rumbled into the western Victorian town of St Arnaud ahead of a meeting about the lines. The Australian Energy Market Regulator opted not to attend…
Australians Could Struggle to Stay Warm This Upcoming Winter as Gas Shortage Looms
March 15, 2023
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AEMOanthony albaneseAustraliaBusiness & MarketsChris BoweneconomyenergyEnergy MarketInternationalWorld
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Australians could struggle to stay warm this winter after the energy market regulator warned of a potential gas shortage. Daniel Westerman, CEO of the Australian Energy Market Operator (AEMO), said that as the country transitioned to net-zero, the southern—and colder—states of New South Wales, Victoria, Tasmania, the Australian Capital Territory and South Australia could be affected….
Mainland Australia Could Face Electricity Shortages by 2027: Energy Market Operator
The Australian Energy Market Operator (AEMO) has warned that the country’s mainland states could experience electricity shortages as early as 2027 and called for urgent investments in the sector. In the latest national electricity market update (pdf), the AEMO revealed that while Australia had sufficient electricity generation capacity in the next couple of years, the…
Australia’s Wholesales Electricity Prices Drop in the 2022 December Quarter
Australia’s wholesale electricity prices have decreased considerably after reaching record highs in 2022 due to disruptions from Russia’s invasion of Ukraine, local power station malfunctions and supply issues. According to the latest Australian Energy Market Operator (AEMO) quarterly energy report, the average wholesale electricity in the National Energy Market (NEM), which covers all states and…
Is Australia Hurtling Towards a Shiny, Centralized Clean Energy Utopia
August 24, 2022
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AEMOAustraliaBusiness & MarketsChris BowenCoal-firedeconomyenergyenergy transitionMatt KeanOpinionViewpointsWorld
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Commentary The governments of Australia are, for the first time in many years, in agreement about the future of the energy industry. This was the key message from the recent energy meeting between the federal energy minister, Chris Bowen, and the various state ministers. Even a Liberal Party minister, Matt Kean of New South Wales…
Australia Hurtling Towards a Shiny, Centralized Clean Energy Utopia
August 24, 2022
admin
AEMOAustraliaBusiness & MarketsChris BowenCoal-firedeconomyenergyenergy transitionMatt KeanOpinionViewpointsWorld
0 Comment
Commentary The governments of Australia are, for the first time in many years, in agreement about the future of the energy industry. This was the key message from the recent energy meeting between the federal energy minister, Chris Bowen, and the various state ministers. Even a Liberal Party minister, Matt Kean of New South Wales…
Victoria’s Gas Supply Crisis Worsened by Government Policy
Commentary The state of Victoria has the most extensive natural gas network in Australia and the highest consumption due to cold weather and the use of gas for domestic heating. Yet the state is able to meet its own needs with gas production while supplying some gas also to Tasmania, South Australia, and New South…
Victoria’s Gas Shortage Could Plunge Australian Energy Market into Crisis
The Australian Energy Market Operator (AEMO)) has warned that the state of Victoria is encountering a winter gas shortage that risks dragging the national energy market into a new crisis. On July 18 night, the AEMO issued an industry letter warning about the risk of curtailment during peak demand. The letter pointed out that the…
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