The Energy Week
The impact of lower wholesale energy prices was reflected in new lower default market offers released this week.
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Price pushes
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.
Still down to poles and wires
Australia’s utility scale battery boom is helping push down wholesale energy prices, but this week showed just how much the transition still relies on transmission and distribution.
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