An electrification agenda

An electrification agenda

Australia this week signed on to a new global electrification target as a large part of the world leans into fossil fuel alternatives on the back of the war in Iran.

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.