Tag: energy security board

Rejigging Australia’s Troubled Energy Grid Could Cost Consumers: AGL Energy

August 5, 2022
AGL EnergyAustraliaAustralian Energy Market OperatorBusiness & Marketseconomic policiesenergyenergy security boardInternationalNational Electricity Marketnet zeroWorld
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Australian energy giant AGL has warned proposed sweeping changes to the operation of the country’s electricity market may result in higher prices for customers. Following major disruptions to the energy grid in June—with the Australian Industry Group describing it as “apocalyptic“—authorities were forced to suspend the National Electricity Market (NEM) to ensure households and businesses…

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Australian Energy Industry Calls for Scrapping of ‘Complicated’ Grid Transmission Proposals

June 28, 2022
AGLAustraliaBusiness & Marketsenergy security boardWorld
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Australian companies and peak bodies in the energy sector have called on regulators to scrap “overly complicated” proposals on transmission access that may adversely affect the energy market. The Energy Security Board (ESB) has developed an Integrated System Plan to adjust controls and investment incentives in energy transmission as more and more renewable energy zones…

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Gas and Coal Plants Should Be Paid to Protect Reliable Energy: Australian Energy Board

June 20, 2022
AustraliaAustralian Energy Market OperatorBusiness & MarketsChris Bowenenergy crisisenergy security boardWorld
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All energy generators, including traditional gas and coal-fired plants, should be paid to have its capacity available when required to ensure reliable supply, according to a new draft paper. Australia’s Energy Security Board (ESB) has highlighted the current important role that fossil fuels played in the national energy grid as the country makes its transition…

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Australia Will Not Target Coal For Subsidy, Despite Reports

August 30, 2021
Australiaenergy security boardenergy security planWorld
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Australia’s Energy Security Board (ESB) has dispelled rumours of a coal-centric plan after releasing its suggestions on how, it believes, the nation should work to combat rising concerns of energy insecurity. The report released by the ESB comes after the board issued a warning to Australia’s leaders that the proliferation of solar and wind generation…

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