Eutility's news

relating to the energy and telecommunications industries

NSW goes its own way on energy security

The NSW government has broken away from other states and will set its own Energy Security Target to ensure there is enough reliable generation to avoid blackouts over summer.

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Basslink constraints add to summer grid woes

A directive given to the owner of the Basslink power cable that part of the line's capacity can only be used when wholesale power prices reach extreme levels has added to nervousness about security of supply and prices this summer.

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Origin extends contract for South Australian power generator

Origin Energy has renewed a contract with Engie Australia that will extend the operation of a South Australian gas plant by another four years in a move that should reduce risks to security of supply in the state that is increasingly dependent on renewable energy.

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Queensland’s CleanCo targets energy ‘duck curve’

The chief executive of Queensland's new state-owned renewable energy company CleanCo said its generation assets will help flatten out the so-called "duck curve" on the energy grid and deliver lower prices when it begins trading this week.

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Federal-state plan to keep the lights on in NSW

An upgrade of the Queensland-NSW Interconnector will be underwritten by Scott Morrison and NSW Premier Gladys Berejiklian in a move to increase com¬petition between generators in the electricity market and drive down wholesale energy prices amid pressure from coal station closures.

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Taskforce assesses risks of AGL’s Liddell plans

Major east coast power users and the nation’s top regulators have been called to high-level meetings over the future of AGL Energy’s Liddell coal station as a joint federal and NSW government probe assesses risks to the electricity grid from its planned exit.

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Basslink outage adds to strain on Victorian supply

A failure of the Basslink power cable that links Tasmania to the mainland power grid is likely to last until mid-October, increasing pressure on security of electricity supply in Victoria in the run-up to summer just as two major generating units are also out of action.

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Solar-induced negative power prices offset by spikes

The increasing regularity with which wholesale power prices are sinking below $0 during sunny and windy days is being more than cancelled out by more frequent high prices, defying expectations of a softening in levels overall.

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Finally, Australia is about to have a plan to de-carbonise the grid

It was an odd thing for the two national newspapers to focus on. Both The Australian and The Australian Financial Review decided that the most important thing to come out of the Australian Energy Market Operator’s scenario planning for the future grid released on Friday was the assumed absence of a carbon price.

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Senex ramps up gas spend as it turns to profit

Emerging east coast gas producer Senex Energy has flagged a significant increase in investment this coming year to lift supplies for the tight east coast market, laying the foundations for what it expects to be a major jump in output over the next two years.

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Make nuclear power free, Barnaby Joyce says

Nationals MP Barnaby Joyce says free nuclear power could be offered to residents living close to a reactor to help build support for the controversial technology, as an analysis pinpoints which Australian towns are best placed to host a nuclear plant.

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