Energy News Brief Energy News Brief

Energy News Brief

Energy Networks Australia’s Acting CEO Tamatha Smith writes in The Australian about the benefits of properly managing the EV revolution.

Jul 05 2022

Latest Analysis

Will the WEM have enough capacity?

Will the WEM have enough capacity?

AEMO recently released its latest Wholesale Electricity Market Electricity Statement of Opportunities. The ESOO is important in setting the Reserve Capacity Requirement and but the biggest takeaway from this year's ESOO is the sharp reduction in excess capacity in the short term and a forecast capacity shortfall from 2025-26.

BY Graham Pearson Jun 30 2022
NSW Clean Air Reforms: A delicate juggling act

NSW Clean Air Reforms: A delicate juggling act

The NSW EPA recently concluded its public consultation on reforms to the NSW Protection of the Environment Operations (Clean Air) Regulation. The Draft Regulations propose new air emissions limits on industrial facilities, including electricity generation, stating that the health benefits will offset the ‘significant costs to industry’. While it's uncomfortable to critique reforms that promise health benefits, questions remain over what the benefits are and whether the risks to electricity affordability and reliability have been fully captured.

BY Rhys Thomas Jun 30 2022
The difficulty is in the detail

The difficulty is in the detail

Victoria’s ESC recently released its review of the Payment Difficulty Framework that sought to investigate whether retailers had appropriately implemented, and were effectively complying with, the new rules. While the headline of the ESC's media release appeared to suggest retailers were not delivering on their intent, when taking a closer look at the report it actually shows retailers have done an excellent job in implementing the reform.

BY Ben Barnes Jun 23 2022
Reforming the Safeguard Mechanism: The opportunities and challenges

Reforming the Safeguard Mechanism: The opportunities and challenges

The ALP’s policy platform going into the recent Federal election included a promose to reform the Safeguard Mechanism. Those reforms represent an intent to accelerate Australia’s decarbonisation journey. Both opportunities and challenges lay ahead, but this is a necessary step forward if sectors other than electricity are to achieve net-zero.

BY Rhys Thomas Jun 16 2022
Benefits of Membership

Australian Energy Council members have access to a range of industry benefits and services.

Latest News

AEMO’s future plan reflects profound energy shift

AEMO’s future plan reflects profound energy shift

The peak body for generators and retailers, the Australian Energy Council, said the market operator's Integrated System Plan (ISP) highlights the profound disruption occurring in the grid.

Jun 30 2022

Latest Reports

A Look at the Impact of Inflation, Interest Rates, Commodity Prices and Electricity Prices
REPORT Continue Reading I  PDF

A Look at the Impact of Inflation, Interest Rates, Commodity Prices and Electricity Prices

After a decade of low and stable inflation and extremely low interest rates primarily driven by the global financial crisis in 2009 and then the COVID19 global pandemic, the situation has now changed. Key drivers include the pandemic i.e. government stimulus policies, supply chain disruptions, labour shortages and key input shortages, energy and many commodity prices.

May 25 2022
Solar Report: First quarter 2022
REPORT Continue Reading I  PDF

Solar Report: First quarter 2022

The Australian Energy Council’s latest Solar Report updates on developments in the first quarter. Based on current Clean Energy Regulator (CER) data it shows a marked drop in solar rooftop installations – the lowest level in the comparable quarter in at least the last three years. Regardless of the drop in Q1, solar continues to play a growing role in the grid. The report looks at factors behind the changes as well as state-by-state shifts.

May 05 2022
Australia's Energy Future - Zero Emissions Dispatchability
REPORT Continue Reading I  PDF

Australia's Energy Future - Zero Emissions Dispatchability

The latest discussion paper in the Australian Energy Council’s series on Australia’s Energy Future focuses on the need for zero emissions dispatchable plant to complement the growth of renewable energy and the retirement of existing coal and gas generation. It also looks at the types of zero emissions dispatchable power currently available. 

Apr 28 2022
Estimation of the market risk premium and its relationship to the risk free rate in the context of regulation of electricity and gas energy networks
REPORT Continue Reading I  PDF

Estimation of the market risk premium and its relationship to the risk free rate in the context of regulation of electricity and gas energy networks

The AEC has published a paper, in collaboration with Energy Consumers Australia and the AER Customer Reference Group, on the estimation of the market risk premium (MRP). The MRP is used as part of estimations to ensure that consumers are paying no more than is necessary.

Apr 28 2022
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