energy

  • Power and gas networks

    Queensland SuperGrid – Faster than a speeding bullet

    The Queensland Energy and Jobs Plan (QEJP) sets an ambitious goal to deliver the Queensland SuperGrid. The SuperGrid is the future electricity system aiming to deliver consumers clean, reliable, and affordable power. As part of the plan, all publicly owned coal-fired power plants are intended to be retired by 2035....

  • Commercial and market outlook

    Australia’s hydrogen success is tied to energy market policies

    According to South Australia’s Hydrogen Power Plant study, the global demand for hydrogen is projected to reach 650 megatons in 2050, with a potential export market of $300b per year. In this market, Australia is well placed for renewable hydrogen production with a considerable penetration of variable renewable energy (VRE)....

  • Power and gas networks

    Australian gas markets spike to unprecedented levels

    Australia’s gas markets are in the middle of an unprecedented price spike. Current prices in the Victorian Declared Wholesale Gas Market (DWGM) have been tracking in the $20-40/GJ range since early May 2022, with prices hitting $50/GJ on 30 May. Prices in the other gas hubs of Sydney and Brisbane...

  • Commercial and market outlook

    State election day chills; SA hit $9,934/MWh on Saturday evening 19 March

    SA’s reliance on wind is getting to a point where there is not much to do except importing from VIC and generating with expensive fuel, such as diesel, when wind speed is not at its best shape. In this Chart of the week, we take a closer look at South...

  • Low carbon generation

    SA on cusp of 100% instantaneous renewables; gas unit directions remain

    AEMO’s goal of handling 100% instantaneous renewable penetration by 2025 is a significant challenge and fitting, given the pace the NEM is moving to support increasingly higher levels of instantaneous (and increasingly asynchronous) renewables regularly. While this challenge may not be as pressing for all NEM regions, the need to...

  • Commercial and market outlook

    Back to the Future P-IV: Are P5 Forecasts reliable?

    Is there a correct way to be one step ahead of your competitors? Do you want to be able to know the price before settlement accurately? The P5 Reports supposedly provide this… or do they? Many participants use this data to determine optimal outcomes for their fleets. Still, there is...

  • Energy storage and flexibility

    Feeding the future NEM – Eat some now. Save some for later.

    As the NEM continues to transition towards increased penetration of variable renewable energy (VRE), the use of the word ‘curtailment’ has also increased. While curtailments have historically been a natural part of market outcomes (i.e. generators withholding capacity at higher price points), the increased prevalence of curtailment of VRE is...

  • Power and gas networks

    The rise of wholesale gas prices … the saga

    It is certainly not a standard summer season for gas prices. Normally with demand for gas typically lower, we should see prices at the lowest levels of the calendar year. However, Summer 2021 gas prices are currently seeing bullish momentum with price points that we would expect to see in winter. In this ‘Chart of...

  • Low carbon generation

    Chart of the week | Free fallin’: Green generator values hit hard by COVID-19

    Since the COVID-19 outbreak, there has been a downturn in GB power demand and an associated slump in wholesale prices. This has has resulted in a sharp decline in green generator revenues. However, the magnitude of these impacts depends heavily on a generators’ routes to market and trading choices. We...

  • Commercial and market outlook

    Chart of the week | The wind of change: Germany’s future in the air

    Germany's newly installed wind capacity increased 260% in quarter one of 2020 compared to the same period last year. However, this increase is still marginal in the context of previous years and Germany’s wider renewable targets. January to March this year saw the installation of 107 new turbines, according to...

  • Home supply and services

    Chart of the week | Challenger suppliers: started from the bottom, now we here

    We recently published our Domestic Market Share Survey for Q1 2020 (reporting date of 31 January 2020). This week's Chart of the week shows a shake-up of the rankings, unprecedented in the survey to date. Challenger brands now sit among the largest suppliers in the domestic energy market. This is due to...

  • Business supply and services

    Chart of the week | Energy demand falls amid coronavirus outbreak

    Since the government imposed restrictions on movement in the UK on 24 March, demand for power has fallen around 11% March 2019 levels. Comparatively, demand for gas has been less affected due to the dominance of the domestic heating market on gas demand. In this Chart of the week, we...

  • E-mobility and low carbon

    Pixie Chart of the week | City Connections on Climate and Energy

    The Urban Transport Group has released a report focusing on the connections between transport, energy and the built environment at the city-region level. This week's Chart of the Week highlights the importance of cities in their contributions to CO2 emissions as well as their enhanced ability to achieve emissions reduction through innovative projects,...