Energy markets

Gas demand plummets in NSW and SA, flat in VIC - the death spiral is on

5 comments
AEMO predicts the industrial and generation sectors to drive the demand drop-off - but it actually underestimates the fall in the commercial and residential categories.

US imposes hefty tariffs on Chinese solar

Duties of up to 160% must now be ratified by US trade body.

ANZ to face shareholder vote on carbon disclosure

Investors to put forward motion for bank to reveal emissions funding.

Chile's mines set hot pace on renewables - Australia take note

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The pipeline of renewable projects in Chile is said to be up 18GW, and miners are leading the charge with solar PV and thermal, wind and geothermal equal to or lower than the cost of fossil fuels.

OPEC will not step in to support oil price

by AFP
No calls for emergency meeting, says Kuwaiti oil minister.

America's impotent petrol prices

New figures show falling petrol prices have had little effect on demand for car travel in the United States.

Auctions spur wind and solar in Africa; China looks offshore

The week in clean energy saw notable auctions in Uganda and South Africa while China unveiled plans to develop 10.5GW of offshore wind in three years.

Second Chinese SOE emerges in NSW, Qld privatisations

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China Southern Power said to be preparing for poles and wires sales.

Gas death spiral will not help power utilities

19 comments
With gas prices spiking upwards a death spiral is likely as household consumers switch over to electric appliances. However there may be no compensating reprieve for utilities through noticeably increased electricity consumption, thanks to a surprising discovery revealed in helping my parents disconnect from gas.

China snaps up UK wind farms

State-owned nuclear firm in $180m deal for 80% share of three EDF farms.

Another power station bites the dust: The Torrens A shut-down

AGL Energy's decision to mothball its 480MW Torrens A gas-fired power station in South Australia won't change the utility's market presence much - especially considering that unit's historically quiet role in the NEM.

Flawed Lima sets the stage for target tension

All eyes now turn to Australia's emissions pledge process, with the beginning of Direct Action to provide an interesting backdrop as the Coalition tries to manage conflicting expectations.

Trustpower 'committed to Australia'

by AAP
NZ wind farm developer optimistic on RET's longer term future.

Two views on the state of coal's decline

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MYEFO has painted a stark picture of falling and flat coal prices but the International Energy Agency says that coal use will continue to grow on the back of China's huge, but slowing, demand.

Counting the co-benefits of reducing non-CO2 climate pollutants

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Improving transportation emissions standards, notably around diesel vehicles, will deliver immediate health benefits for our cities as well as contribute significantly in the battle against climate change.

Energy ministers reject plea for coal power bailout

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The COAG position leaves the generators on the back foot as they try to steer supply and demand back in their favour. Utilities may now increase their focus on undermining new renewables, about which ministers were more vague.

ARENA backs on-grid PV storage solution

Agency tips $445,000 into Reposit's on-grid rooftop solar trading system.

Did US coal become a 'dead man walking' in 2014?

The harsh assessment made in previous years by Deutsche Bank and Michael Bloomberg moved closer to actualisation as it faced new fronts at the EPA, in China and on the markets.

Vic smart meter fees go up

by AAO
Jemena, AusNet Services and United Energy to charge most.

US states pave the way for the electric car's rise

Several states are adding or increasing incentives for electric vehicle charging stations - with the Washington-California route being dubbed the 'West Coast Electric Highway'.

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