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The Latest Breaking News from NEM

Alan Kohler: To defeat climate change, Australia must do the impossible

The climate argument between Labor and The Greens is as strange as the carbon-reduction target being impossible to meet.

The New Daily

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

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

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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

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

Looking At Newmont's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Newmont (NYSE:NEM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Energy networks garnered $10bn in ‘supernormal’ profits from consumers in eastern Australia

The rate of profit was 67% above what would be considered ‘normal’, analysis of 18 providers over nine years found

The Guardian - AU

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Energy transition will lead to lower power prices but getting there could be costly, reports warn

After a turbulent year in the energy sector, two major reports highlight energy affordability as a significant challenge in Australia's transition away from fossil fuels to renewable power.

ABC News

Newmont Whale Trades For September 07

Benzinga

‘Reliability gaps’ in Australia’s electricity supply loom without investment in new technologies, report states

Australian Energy Market Operator warns that without investment in new-generation electricity storage and transmission, demand will outstrip supply

The Guardian - AU

Looking At Newmont's Recent Whale Trades

Someone with a lot of money to spend has taken a bullish stance on Newmont (NYSE:NEM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Newmont Whale Trades For August 25

Benzinga

Check Out What Whales Are Doing With Newmont

A whale with a lot of money to spend has taken a noticeably bearish stance on Newmont. Looking at options history for Newmont (NYSE:NEM) we detected 11 strange trades.

Benzinga

Newmont Whale Trades For August 10

Benzinga

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Benzinga

What Are Whales Doing With Newmont

Benzinga

Newmont Whale Trades Spotted

Benzinga

This Is What Whales Are Betting On Newmont

Benzinga

What Are Whales Doing With Newmont

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news in one place.

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ABC News

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

Power prices across Tasmania to increase by about $200 per year

Tasmanians' energy bills are set to rise by almost 12 per cent from July 1, equating to roughly $200 per household per year.

ABC News

What is load shedding and why is it a sign that Australia's largest electricity market is in crisis?

In the electricity industry, no two words instil a greater sense of fear or failure as load shedding. Here's why.

The Guardian - AU

As the temperature cools, the heat is on Chris Bowen

Gas shortages, reported delays to major projects and coal-fired power woes are among the gifts handed to the new energy minister

ABC News

Will long-term boost to energy capacity stop exit from coal? Debate is red hot

One of Australia's most experienced energy advisers has downplayed concerns that a plan by state and federal energy ministers to overhaul the electricity market could prolong the coal-fired power industry.

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?

ABC News

Eastern states' energy ministers urged to look to WA for solutions to energy crisis

Far removed from the turmoil unfolding in the eastern states, Western Australia is enjoying some of the cheapest and most stable energy prices in the developed world.

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