A crisis-forward budget

A win for prosumers

There was a long-awaited win for the demand-side and energy prosumers this week with a new ‘FlexCost’ model, and a fresh call for a new state-owned entity to build and deliver renewable electricity to power Australian industry.

Price pushes

The impact of lower wholesale energy prices was reflected in new lower default market offers released this week.

Fresh firsts for renewable energy

In a week of firsts for renewable energy projects, New South Wales launched its largest ever generation tender and the Victorian government greenlit the largest windfarm in the southern hemisphere.

A crisis-forward budget

Climate and energy policy measures in the budget were a mixed bag with experts lamenting many missed opportunities for reform amid the energy crisis.

Budget jitters

State budgets delivered cost of living relief this week as the fuel crisis and rising interest rates bite. Meanwhile, support for renewable energy looks set to be trumped by crisis response measures in next week’s Federal Budget.