Competition on the rise in residential retail electricity supply

We have previously noted a range of new entrants into the electricity retail spaces for small business and commercial and industrial (C&I) supply. In this Chart of the Week we take a closer look at how competition is developing at both a national and local level. The AER has recently published its Quarterly Retail Performance […]

Is now the time to consider an operating reserve service?

This summer has already seen a number of instances of tightening supply/demand balance across the National Electricity Market (NEM), resulting in a range of reactions from the market operator (AEMO) and other market stakeholders. The extreme weather events combined with fluctuating supply and disruptions saw AEMO activate its Reliability and Emergency Reserve Trader (RERT) in […]

Falling wholesale power prices, but for how long?

The Australian Energy Market Commission (AEMC) has recently published its Residential Electricity Price Trends report with the key finding being that household power prices are set to fall over the next three years. In this Chart of the Week we take a closer look at the wholesale power element of the retail bill. The AEMC […]

ESOO highlights the fragility in VIC to generator outages

In this week’s edition we take a closer look at the Australian Energy Market Operator’s (AEMO’s) 2019 Electricity Statement of Opportunities (ESOO). The 10-year view in ESOO highlights the fragility of the operational margin across the NEM. Victoria, in particular, was identified as under threat of load shedding and an increased possibility of unserved energy […]

Retail markets: the biggest shake-up since deregulation?

Taking into account regulatory intervention, ongoing rule changes and market entry, the energy retail sector in Australia is undergoing a significant shake-up. Following concerns over retailers charging disengaged households and small businesses higher rates, and generally rising retail prices, two default tariff schemes were implemented at the start of July. A Default Market Offer (DMO) […]

Early coal closure signalled: a sign of things to come?

The news from Alinta this week that one of Victoria’s largest coal plants is unlikely to see out the full length of its licence should not be a major surprise to the market. The 1.1GW Loy Yang B station has a licence to run until 2047 and is Victoria’s newest brown coal generator. But the […]