Shaping Australia's energy and climate future
Decarbonising the economy and the energy transition opportunity.
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Decarbonising the economy and the energy transition opportunity.
Large renewable energy developers want government leaders to dump plans to shore up the power grid by paying generators for being on standby and bring in battery and hydro targets.
The wholesale electricity market resumed normal trading on Friday afternoon, but the crisis is not over, with a fresh coal power outage occurring this morning.
The risk of crazy-high wholesale power prices has not gone away despite the restart of coal power units that mean the market suspension may end on Friday.
The owner of Victoria’s Yallourn coal-fired power station says it is doing everything it can to bring its fourth generating unit back to service.