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The Latest Breaking News from AEMO

Australia's energy market operator is worried about the grid's reliability. But should it be?

The Australian Energy Market Operator (AEMO) this week released an update to its annual assessment of reliability, the so-called Electricity Statement of Opportunities. This has been reported as the market operator forecasting “power shortages”, or the network being “at risk of supply shortages”.

The Conversation

NSW Labor unity about more than 'winning the election'

NSW Labor Leader Chris Minns says unifying his party in the lead up to the state election is about more than just securing a sweet political victory.

AAP

Hunter businesses face energy crunch

The Hunter's peak industry body has supported the Australian Energy Market Operator's call for urgent investment in generation, long-duration storage and transmission to achieve energy certainty.

Newcastle Herald

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AEMO warns of NSW power gaps within three years, calls for 'urgent' investment in grid

The state is set to bear the brunt of reliability gaps in Australia's biggest power system as mass coal-fired power exits hit.

ABC News

Australia at risk of electricity supply shortages as renewable projects lag behind coal plant closures

Successive La Niñas have eased demand but, with many renewable and storage projects now delayed, the energy market operator has revised its projections

The Guardian - AU

Snowy Hydro: drilling confirmed halted on part of multibillion-dollar project after tunnel collapse

Labor says the latest setback in the pumped hydro scheme, which had already been delayed to 2027, was inherited from the previous government

The Guardian - AU

System operator predicts Bluewaters, Australia's newest coal-fired power plant will close by 2029

WA's only privately owned coal-fired power station to close "before 2030" under plans that would bring the curtain down on the fuel's use in the state's economy.

ABC News

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Farmers aren't only losers in Hunter Gas Pipeline bid

As we near an election in NSW, this will be on voters' minds.

Newcastle Herald

Wholesale power prices fall on renewable energy output to bring consumer relief

Embattled consumers are set for some welcome relief after sky-high wholesale electricity prices fell by more than half in the final three months of 2022, analysis shows.

ABC News

Wholesale energy prices, emissions falling

Wholesale electricity prices and carbon emissions dropped in the December quarter as solar and wind displaced coal-fired generation, but prices remain elevated.

AAP

Record levels of renewable energy push demand for electricity from the grid to all-time low for December quarter

Increased output from renewables, with a near-zero fuel cost, also nudged more coal and gas out of the generation market

The Guardian - AU

Kwinana big battery project suffers fresh delays, $19 million blowout amid WA power supply fears

Western Australia's first big battery will now cost an extra $19 million and not be available until after summer, adding further pressure to the state's electricity grid.

ABC News

WA could face gas supply shortages for years, according to new report

There are concerns about a "sizeable" shortfall in WA's future gas stocks, as a report from the Australian Energy Market Operator warns demand could outstrip supply for much of the coming decade.

ABC News

WA not immune to gas supply woes: forecast

The latest forecast warns WA's domestic gas market is facing a shortfall and new renewable sources of energy won't fully compensate for the exit of coal.

AAP

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The Conversation

To clean up Australia's power grid, we're going to need many thousands more skilled workers – and fast

To get Australia’s grid 82% powered by renewables by 2030 is a huge increase. At present, the electricity powering eastern and southern states is around 33% renewable.

The Guardian - AU

AGL to close South Australia’s main gas power station, citing new grid link and cheaper renewables

The closure of the Torrens B 600MW gas-fired plant will happen by mid-2026, instead of 2035 as previously planned

The Guardian - AU

The Australian’s back-of-the-envelope green hydrogen figures are overblown and forget climate impact

The claim it would take 25% of Australia’s land mass to provide the planet with green hydrogen misses an obvious point

ABC News

What's the risk of a blackout if the Callide Power Station goes out in a heatwave?

The Callide Power Station was out of operation for part of a day last week. There's some concern if that were to happen during a heatwave, a blackout could occur.

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ABC News

'Dirty' diesel generators may be needed during Perth summer as WA energy crisis deepens

The body that runs Western Australia's biggest power system may have to spend tens of millions of dollars hiring diesel-fired backup generators as part of desperate efforts to keep the power on.

The Guardian - AU

Threaten Australian gas companies with export limits to rein in domestic prices, former ACCC boss says

Exclusive: Rod Sims argues federal government needs to be tougher, stating ‘it just needs the threat and I think they will act’

The Guardian - AU

Conservative commentator Erin Molan digs herself into a hole in defence of coal

Fossil fuels simply don’t check out when it comes to tackling Australia’s rising energy prices while lowering emissions

AAP

Businesses could shut as energy costs soar

Soaring energy prices will burn a hole in the pockets of Australian businesses as growing gas dominance triples the cost of wholesale electricity.

ABC News

Jim Chalmers just handed down his first federal budget, but did he get his facts straight?

Did the Treasurer get his facts straight in Labor's first budget speech in a decade? RMIT ABC Fact Check investigates.

The Guardian - AU

‘Rewiring the nation’: Albanese and Andrews governments to jointly fund renewable energy zones

$1.5bn agreement includes plan to fast-track regulatory processes to support ‘rapid’ development of Victoria’s offshore wind industry

ABC News

Australia's newest coal plant Bluewaters strips fortunes amid rapid rise of renewable energy

Once a beacon of hope for the industry, the newest coal-fired power plant in Australia now stands as a symbol of its mortality.

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