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More Recent News: 0 1

Carbon price not the worst impact: Plants insolvent as gas and black coal prices rise, as fuel prices move closer to export parity

Proof edition: The Business Council of Australia (BCA) said it expected some or all coal-fuelled electricity plans to close after 2010; and risks would also rise from fuel contracts.

(Full Article)


Carbon price: Australian electricity traders will need to tie 2-3 year carbon contracts to electricity hedges

Proof edition: Most Australian electricity was sold under 2-3 year forward contracts. To enter into such contracts under an Emissions Trading Scheme, generators will need to fix the price of their emission permits over the same 2-3 year period.

(Full Article)


Praying for rain: Spring Murray flows dependent on rainfall and run-off that is yet to happen; outlook "very serious"

The outlook for the Murray system remains very serious, said the September 2008, Murray System Drought Update, released 2 September 2008.

(Full Article)


Murray River dry 1897-04, 1914-15, 1938-46, 1967-68, 1982-83 and 2002-08

Dry periods which resulted in abnormally low flows along the Murray include 1897-04, 1914-15, 1938-46, 1967-68, 1982-83 and 2002-08.

(Full Article)


NEM price: 7 days ending 2008-8-30

NEM Week 507: midnight Sunday 24th August to Saturday 30th August 2008.

(Full Article)


Australian carbon price policy drives new gas-fired gen; gas demand up from 139PJ today; to 466PJ; $4b year in new gas and wind developments

The Business Council of Australia (BCA) questioned the ability of the market to meet the demand for new investment in wind and gas generation implied in the Australian Government Green Paper.

(Full Article)


Carbon price: Australia's NSW NGACs collapse to spot $5.15 in week to 1 September 2008

The big question remains what will happen to existing obligations in the GGAS market now that DSA producers will no longer be contributing to supply from 1 January 2009? In theory, if the current GGAS obligations are maintained and DSA production is removed, the supply/demand status quo will be altered considerably. In 2007 almost 10 million NGACs were created via the DSA rule.  NEET will remove this contribution, but the NGAC surplus still remains in the 10s of millions'.

(Full Article)


Business Council of Australia begs for subsidies for pollutors: carbon price of $20 per tonne strips profits from pollutors

Four out of fourteen - and perhaps 8 - of fourteen, carbon-exposed businesses studied,would close after the start of the emissions trading scheme in 2010, Greig Gailey, President Business Council of Australia told the Sydney Institute 27 August, 2008.

(Full Article)


If the Federal government does not pay Victorian coal generators to stay in business, they will close, insolvent, says BCA

In weird economics - which felt normal to Business Council of Australia (BCA) - the lobby-group wanted polluting industries subsidised so they could pay the carbon costs; and all retail electricity price caps removed so the same pollutors could then pass carbon costs to the consumer.

(Full Article)




More Recent News: 0 1