Page 3 - Electricity Statement News Today

Urgent investment needed to avoid Australian electricity shortages: report-

The risk of supply shortages leading to unreliable power has faded over the next two summers but will revive in 2025 unless more investment is made, AEMO warned.

Successive La Niñas have eased demand but with many renewable and storage projects now delayed, the energy market operator has revised its projections

Delays to Snowy Hydro projects have revived speculation Origin may need to defer the shutdown of the country’s biggest power station.

A 12-month delay in the hydro project has stoked doubts whether Origin will need to run its Eraring coal power plant beyond the targeted closure date of 2025 to avoid shortages.

The country’s energy market operator is warning of unreliable supply in some regions as early as next year, and says action is urgent,

The power retailer will benefit from plunges in wholesale power prices on sunny days, while France’s Neoen will receive a new revenue stream for storage projects.

Renewables doing heavy lifting in National Electricity Market Clean, affordable renewable energy is doing the heavy lifting in ensuring a reliable supply...

Energy industry lining up against Angus Taylor's favoured "capacity markets" put forward as an option by Energy Security Board. Even Snowy Hydro is opposed.

The market can generate a power supply fix without state involvement Energy Australia’s Tallawara B gas plant proves the private sector can deliver cost-effective, low-emissions electricity, and why the government should step back from big stick interventions. Save Share EnergyAustralia on Tuesday announced it will build a 316-megawatt, open-cycle gas turbine – gas peaking plant – in the Illawarra region of NSW. This decision is an all-round win for industry, governments and cons...