Planning for Victoria’s future renewable energy projects will be handled by the state government but it has stopped short of taking the reins on two controversial transmission blueprints. Energy Minister Lily D’Ambrosio launched the Victorian Transmission Investment Framework on June 8, which will shift future planning, development and consultation for renewable energy transmission to government body…
Western Australia’s Major Gas Plant Experiences Sudden Failure
Western Australia’s gas supply system is under strain following an unexpected outage at Chevron’s Wheatstone domestic gas plant, one of the state’s largest gas plants. The plant suffered a technical failure on the evening of Jan. 5, which resulted in gas production ceasing. “Chevron is continuing restart activities at the Wheatstone Domestic Gas Plant, which…
Rejigging Australia’s Troubled Energy Grid Could Cost Consumers: AGL Energy
August 5, 2022
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AGL EnergyAustraliaAustralian Energy Market OperatorBusiness & Marketseconomic policiesenergyenergy security boardInternationalNational Electricity Marketnet zeroWorld
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Australian energy giant AGL has warned proposed sweeping changes to the operation of the country’s electricity market may result in higher prices for customers. Following major disruptions to the energy grid in June—with the Australian Industry Group describing it as “apocalyptic“—authorities were forced to suspend the National Electricity Market (NEM) to ensure households and businesses…
Net-Zero Push Limited by Battery Storage
July 5, 2022
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AEMOAsia & PacificAustraliaAustralian Energy Market OperatorBusiness & MarketsChris Boweneconomyenergy storageInternationalNick KastelsteinTechTech NewsWorld
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Advocates for a rapid transition to net-zero have not explained the real limitations of battery storage supposed to underpin the viability of the net-zero push, according to an industry engineer. Nick Kastelstein, a senior mechanical engineer at GPA Engineering, says media coverage has also failed to inform the public about the true nature of Australia’s…
Battery Storage a Barrier to Net-Zero Push: Engineer
July 5, 2022
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AEMOAsia & PacificAustraliaAustralian Energy Market OperatorBusiness & MarketsChris Boweneconomyenergy storageInternationalNick KastelsteinTechTech NewsWorld
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Advocates for a rapid transition to net-zero have not explained the real limitations of battery storage supposed to underpin the viability of the net-zero push, according to an industry engineer. Nick Kastelstein, a senior mechanical engineer at GPA Engineering, says media coverage has also failed to inform the public about the true nature of Australia’s…
Australian Energy Market Operator to Remove Extraordinary Market Suspension
The Australian Energy Market Operator (AEMO) has announced that it will end its extraordinary intervention in the national energy market following improvements in power supplies. After a week of suspending the energy market, the AEMO said it would remove the suspension from 4 a.m. on June 23 as 4,000 megawatts of generation returned to the…
Gas and Coal Plants Should Be Paid to Protect Reliable Energy: Australian Energy Board
June 20, 2022
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AustraliaAustralian Energy Market OperatorBusiness & MarketsChris Bowenenergy crisisenergy security boardWorld
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All energy generators, including traditional gas and coal-fired plants, should be paid to have its capacity available when required to ensure reliable supply, according to a new draft paper. Australia’s Energy Security Board (ESB) has highlighted the current important role that fossil fuels played in the national energy grid as the country makes its transition…
Australian Prime Minister Admits No Quick Fix for Energy Crisis
Australian Prime Minister Anthony Albanese has said that the federal government will not be able to come up with a quick solution for the energy crisis plaguing the country’s east coast. The prime minister held his first national cabinet meeting on June 17 to discuss the crisis with state and territory governors. “It’s no good…
‘Impossible to Continue Operating’: Australia’s National Energy Market Suspended
June 15, 2022
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AustraliaAustralia energy marketAustralian Energy Market OperatorBusiness & Marketsenergy crisisWorld
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The Australian Energy Market Operator (AEMO) has suspended the entire national energy market from June 15 at 2:05 p.m. after it was deemed “impossible” to continue operating the spot market while ensuring a reliable energy supply. AEMO Chief Executive Daniel Westerman prefaced the announcement by revealing the market operator had been forced to direct 5,000…
Thousands of Homes in Sydney Plunged Into Darkness As Energy Shortage Plagues Australia
June 14, 2022
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AustraliaAustralian Energy Market OperatorBusiness & Marketseconomic policieselectricity blackoutsenergyInternationalMalcolm Turnbullpower outagesWorld
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Thousands of homes on Australia’s east coast were plunged into darkness on Monday as electricity suppliers struggled to meet demand as the country teeters on the edge of an energy shortage. On Monday night, multiple areas in Sydney’s north and along the affluent Northern Beaches were sent into darkness, after the energy market operator warned…
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