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Federal government
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Energy storage and flexibility
Australian Chart of the week | I can’t believe it’s not b[e]tter?… spreads getting better in NSW
The Federal Government announced this week that they will step into the electricity market (through the state-owned Snowy Hydro) to build up to 1,000MW of gas-fired generation to fill the gap left by the Liddell Power station for the 2023-24 summer unless the market can demonstrate final investment on dispatchable...
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Low carbon generation
Australian Chart of the week | To the left, to the left; is Liddell irreplaceable through the day?
In Issue 52, considering the recent announcement from the federal government to build a 250MW (previously 1GW) gas-fired plant in New South Wales (NSW), we investigated price volatility trends in the state and the opportunities for storage to fill the impending energy gap when Liddell retires in 2023. In this...
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Power and gas networks
Australian Chart of the week | Need a little controversy; ‘cause it feels so empty without me?
Last week, in our chart of the week we wrote about the Federal Government’s announcement surrounding the replacement of Liddell with 1,000 MW of 24/7 dispatchable gas capacity. A week can be a long time as this figure has now fallen to 250MW – much more in line with AEMO’s...
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Low carbon generation
Australian Chart of the week |“These aren’t the [droids] prices you’re looking for”: peaks are up
The Federal Government released their Technology Investment Roadmap Discussion Paper (‘Roadmap’) earlier in May. The Roadmap is a solidification of the Federal Government’s position that they will support investment in low carbon technologies to reduce emissions rather than support a tax or carbon price scheme to assist the transition to...
