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There are good reasons to think that the Liddell, Yallourn, Vales Point coal generators and a couple of coal units in Queensland could all close before 2030.
New transmission links considered essential to renewables transition in doubt after AEMC says six dollar a year impact too much to allow for change in rules.
Public Interest Advocacy Centre Energy consumer advocate, the Public Interest Advocacy Centre, strongly supports the Australian energy rule-maker’s decision to reject a request from energy network businesses to change network financing rules to the detriment of consumers. The Australian Energy Market Commission (the Commission) today rejected Transgrid and ElectraNet’s bid to allow them to recover revenue for large capital investments sooner, on the basis it is unnecessary and would create higher up-front costs for consumers. ‘This decision is a win for all consumers and a strong stan...
3 February 2021 The Australian Energy Market Operator has been told not to overlook the growing role of distributed energy systems, and the importance of empowering energy users, as the market operator works to get in front of emerging technical issues facing the energy system. AEMO has commenced consultation on a new ‘engineering framework’, that it hopes will help catch technical challenges triggered by the ongoing market transformation – particularly after the market bodies were caught off-guard by system strength issues. “We need a whole of system framework, which is based on the ...
2 February 2021 Electricity generated from gas-fired power stations fell dramatically in 2020, according to a new analysis from the Climate Council, despite the Morrison government embracing the fossil fuel as part of its Covid-19 economic response. Gas-fired generation fell by 19 per cent in 2020, while output from wind and solar projects continued to surge, as the Covid-19 pandemic led to subdued demand for electricity seeing higher-cost gas squeezed out of the market. According to the new analysis published by the Climate Council on Tuesday, the market share of renewable energy grew to 26 ...