According to AEMO, the increase in renewable output also drove NEM total emissions and emissions intensity to all-time record lows. Image: Bigc Studio/stock.adobe.com.

AEMO forecasts energy prices drop

Australian Energy Market Operator’s (AEMO) report for the last quarter of 2023 shows that new records are being set for the amount of renewable energy being fed into the grid, reducing the reliance on traditional coal-fired generation. Read More
CSIRO Western Australia

WA carbon capture economic boom under net zero

Western Australia’s (WA) economy would enjoy a $55 billion boost by 2050 from rolling out carbon capture hubs, according to a new report by Commonwealth Scientific and Industrial Research Organisation (CSIRO). Read More
buru SPP

AER shows caps dramatic impact on prices

The Australian Energy Regulator’s (AER) wholesale markets quarterly report has demonstrated that average wholesale electricity prices for the last quarter were less than half those in the same period last year. Read More

Australian energy export earnings to fall while energy transition metals boom

According to the Department of Industry, Science and Resources, Australia is well placed to seize the opportunities from the broader energy transition, given the country’s rich geological reserves, expertise at extracting minerals and track record as a reliable producer and exporter of energy and resources. Read More