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The Latest Breaking News from National Electricity Market

Global coal use in 2022 is reaching an all-time high, but Australia is bucking the trend

In a year marked by record-smashing floods, fires, heatwaves and droughts, the urgent need to act on climate change has never been more apparent. And yet, the International Energy Agency (IEA) has found coal burning for electricity generation will reach record levels this year.

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 Conversation

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

The Guardian - AU

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Resources minister says 'astounding' level of coal in national power grid

Bob Hawes wants gas, Resources Minister Madeleine King questions coal

Newcastle Herald

Confidence collapses as desperate consumers vent fury at failing National Electricity Market

Confidence among consumers in Australia's energy system is collapsing as the crisis engulfing the east coast market takes a toll on users.

ABC News

Does Australia need Tasmania to become a multi-billion-dollar 'Battery of the Nation'?

As coal-fired power stations close down, there is a push for the renewables-rich state of Tasmania to become the "Battery of the Nation". The problem is, no one knows who will foot the multi-billion-dollar bill.

ABC News

Capacity mechanism, FCAS, load shedding: how much have you learned from Australia’s energy crisis? Take our quiz

Think you know the difference between your NEM and your elbow? Take our quiz to find out if you’re a watt or a megawatt

The Guardian - AU

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The national electricity market is a failed 1990s experiment. It's time the grid returned to public hands

A crisis, as the saying has it, combines danger and opportunity. The dangers of the current electricity crisis are obvious. The opportunity it presents is to end to the failed experiment of the national electricity market.

The Conversation

Kurri gas pipeline construction to create 400 jobs

Australia's largest natural gas infrastructure business APA Group has signed a 30 year agreement for the transport and storage of gas to the Hunter Power Project at Kurri.

Newcastle Herald

Is our energy supply in crisis? What's the National Electricity Market? Can it be fixed?

The National Electricity Market is in dire need of repair. How long will it take to fix? asks Gareth Hutchens.

ABC News

What's a grid, anyway? Making sense of the complex beast that is Australia's electricity network

News about the energy crisis engulfing Australia’s east coast seems inescapable. Terms such as “grid”, the “National Electricity Market” and “transmission” are being tossed around alongside the frightening prospect of soaring power bills – but what does it all mean?

The Conversation

States take reform push to new take on national cabinet

State premiers will be looking to Anthony Albanese for major reforms, particularly in energy and health, when they convene at the First Ministers Meeting.

The New Daily

Australia's National Electricity Market was just suspended. Here's why and what happens next

Australia’s energy market operator has just suspended the National Electricity market. That means instead of the price for wholesale electricity being set competitively, the market operator (AEMO) sets fixed prices and will take a greater role in directing which power stations generate energy and when.

The Conversation

'We want to be part of that movement': residents embrace renewable energy but worry how their towns will change

Amid soaring energy costs, the new Labor government is working to deliver a A$20 billion pledge to rebuild and modernise Australia’s electricity grid. It will help deliver a plan for 122 gigawatts of new renewable energy in the National Electricity Market by 2050, eventually replacing coal generation.

The Conversation

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ABC News

Tasmania's link to Australia's National Electricity Market explained

In 2016, Tasmania was on the brink of being powerless when its undersea electricity cable broke and its dams were nearly empty. But these days it can produce more than enough power locally to supply homes and businesses. So, should the island unplug from the rest of Australia?

The Conversation

Electricity prices are spiking, ten times as much as normal. Here are some educated guesses as to why

Electricity prices in the short-term (“spot”) wholesale markets in Australia are surging again.

The Conversation

Labor says power prices are going up. The Coalition says they aren't. Who's right?

“Power prices are going up”, shadow treasurer Jim Chalmers declared last week. But according to energy minister Angus Taylor, “No one’s household power prices have gone up.” So who is right?

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