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Melbourne’s Energy Market: Top Tips to Find the Best Deals
Melbourne’s dynamic energy market offers plenty of opportunities for households and businesses to save on electricity bills. However, the sheer number of energy providers and plans can make choosing the right deal feel overwhelming. If you’re looking to cut costs and secure the best energy deals Melbourne has to offer, this guide will walk you through practical tips to make the process easier and more efficient.
Why Compare Energy Providers in Melbourne?
Victoria’s deregulated energy market means consumers have the power to choose their electricity provider. With dozens of energy providers Melbourne-wide competing for your business, taking the time to conduct an electricity comparison in Melbourne can result in significant savings and better plan features.
Some benefits of comparing energy providers include:
Lower Costs: By switching to a cheaper plan, you can save hundreds of dollars annually.
Customized Plans: Tailored options to match your household or business energy needs.
Sustainability Options: Many providers offer green energy plans for environmentally conscious consumers.
Promotional Discounts: Some energy providers in Melbourne offer introductory discounts or loyalty rewards for new customers.
Read - Red Energy vs AGL: Comprehensive Comparison of Electricity Plans and Prices
Top Tips to Find the Best Energy Deals in Melbourne
Here are some actionable steps to ensure you’re securing the best energy deals in Melbourne:
Use Energy Comparison Tools
Platforms like Energy Compare Melbourne and government-supported tools provide a quick way to compare electricity plans. These tools allow you to input your energy usage and preferences to find the most cost-effective options.
Look for tools that offer detailed breakdowns of rates, including daily supply charges and usage tariffs.
Review Your Current Plan
Check your recent electricity bills to understand your usage patterns and current rates.
Identify any hidden fees, such as exit charges, and calculate how much you’re paying per kilowatt-hour (kWh).
Evaluate Contract Terms
Flexible contracts: Ideal for those who don’t want to commit to long-term agreements.
Fixed-rate plans: Provide price stability, which can be beneficial during periods of rising energy prices.
Consider Renewable Energy Options
Many energy providers in Melbourne now offer GreenPower plans or solar feed-in tariffs for customers with solar panels. These options are not only environmentally friendly but can also lead to long-term savings.
Look Beyond Rates
Compare non-financial features such as customer service ratings, billing options, and online account management tools.
Read customer reviews and consider the provider’s reputation for reliability and transparency.
Time Your Switch Strategically
Energy providers often roll out special deals during promotional periods, such as the end of the financial year or summer months. Keep an eye out for limited-time offers.
Melbourne’s Leading Energy Providers
Here are some of the top energy providers in Melbourne to consider during your search:
AGL Energy
Competitive rates and a variety of plan options, including renewable energy solutions.
Origin Energy
Known for excellent customer service and solar-friendly plans.
Powershop
100% carbon-neutral energy and no-lock-in contracts.
Simply Energy
Affordable rates with attractive bundling options for gas and electricity.
EnergyAustralia
Flexible plans and tools to monitor and manage energy usage.
Read - How to Compare Energy Plans in Australia: A Step-by-Step Guide
Practical Examples of Savings
Let’s consider an example:
Case Study: Sarah, a Melbourne resident, used an energy comparison tool to switch from her default provider to a plan with a lower daily supply charge and a competitive kWh rate. By making the switch, she reduced her annual energy costs by $350.
This demonstrates how a few minutes spent comparing energy plans can lead to substantial savings.
Additional Energy Savings Tips for Melbourne Residents
Beyond switching providers, consider these tips to further reduce energy costs:
Invest in Energy-Efficient Appliances:
Choose appliances with high energy ratings to reduce consumption.
Switch to LED Lighting:
LED bulbs consume significantly less energy than traditional options.
Optimize Heating and Cooling:
Use programmable thermostats to regulate temperature efficiently.
Seal Gaps and Insulate:
Proper insulation and sealing gaps can prevent energy wastage and lower heating and cooling costs.
Monitor Your Usage:
Smart meters and energy apps can help track and manage your consumption in real-time.
Final Thoughts
Finding the best energy deals in Melbourne doesn’t have to be complicated. By leveraging energy comparison Melbourne tools, reviewing your current plan, and following practical energy savings tips, you can take control of your electricity costs. With a little effort, you’ll not only save money but also contribute to a more sustainable energy future.
Start your journey today by exploring the many options available through electricity comparison tools. A few minutes of research can lead to years of savings and satisfaction.
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No matter the level of experience or training in engineering, there may be opportunities abroad for you. From work roles with diverse engineering sectors in multiple nations to opportunities to work overseas – everything may be open for consideration! Determine where you wish to relocate and launch a career by learning more about countries with established engineering industries. As more people use technology, engineers are becoming an increasing necessity in designing systems, structures, and products for use across various environments. With an average yearly compensation of $112,358 – making engineering one of Australia’s highest-paying professions – let us examine Australia’s top 10 engineers by salary in this article.
Australia's highest-paid engineers | Role | Salary
Engineers who combine technical proficiency, strategic vision, and leadership abilities to excel in their fields are among the highest paid engineers in australia. These engineers tend to oversee major projects or hold high executive positions within large engineering-related businesses – which is usually why the highest earning engineers tend to work in industries with high levels of technical competence and responsibility that contribute significantly to Australia’s economy – these positions and fields typically hold some of these top earners of engineers’ incomes. Here are a few areas and positions where high-earning engineers usually reside.
Engineering
Average Salary (in AUD)
Mining Engineer 223,000
Petroleum Engineer 194,418
Software Engineer 178,212
Structural Engineer 170,800
Electrical Engineer 166,375
Civil Engineer 156,400
Environmental Engineer 152,800
Materials Engineer 148,204
Chemical Engineer 148,200
Aerospace Engineer 139,400
Australia’s top 10 engineers by salary, latest earnings.
Mining Engineer
Average Salary: AUD 223,000
Role: Focus on the extraction of minerals from the earth, mine design, safety protocols, and overseeing mining operations.
Industry: Mining and resources.
Notable Individual: Andrew Forrest, founder and chairman of Fortescue Metals Group.
Petroleum Engineer
Average Salary: AUD 194,418
Role: Specialize in extracting oil and gas. Responsibilities include drilling, production, and reservoir management.
Industry: Oil and gas.
Notable Individual: Catherine Tanna, Managing Director of EnergyAustralia.
Software Engineer
Average Salary: AUD 178,212
Role: Software system developers specialize in artificial intelligence (AI), cybersecurity and large-scale infrastructure systems development and maintenance.
Industry: IT and telecom.
Notable Individuals: Mike Cannon-Brookes and Scott Farquhar were co-founders of Atlassian.
Structural Engineer
Average Salary: AUD 173,800.
Role: Design and ensure the safety of buildings, bridges, and other structures.
Industry: Construction and infrastructure.
Notable Individual: Peter Bennet of Clough Limited.
Electrical Engineer
Average Salary: AUD 166,375
Role: Frank Calabria, CEO of Origin Energy, is known for his work on power generation and distribution, including renewable energy systems.
Industry: Energy & Utilities
Civil Engineer
Average Salary: AUD 156,400
Role: Plan and oversee major infrastructure projects such as roads, bridges, and public buildings.
Industry: Construction and infrastructure.
Notable Individual: Romilly Madew, CEO of Infrastructure Australia.
Environmental Engineer
Average Salary: AUD 152,800
Role: Address environmental challenges, design sustainable solutions, and ensure regulatory compliance.
Industry: Environmental services, government.
Notable Individual: Emma Herd, CEO of Investor Group on Climate Change.
Materials Engineer
Average Salary: AUD 148,204
Role: Develop and test materials used in a range of products and structures, ensuring durability and cost-effectiveness.
Industry: Manufacturing, aerospace, construction.
Notable Individual: Prof. Veena Sahajwalla, a leader in materials engineering and recycling technologies.
Chemical Engineer
Average Salary: AUD 148,200
Role: Design processes for large-scale chemical manufacturing, ensuring safety and efficiency.
Industry: Pharmaceuticals, manufacturing, environmental services.
Notable Individual: Grant King, former CEO of Origin Energy with a background in chemical engineering.
Aerospace Engineer
Average Salary: AUD 139,400
Role: Design and develop aircraft, spacecraft, and related systems and equipment.
Industry: Aerospace and defence.
Notable Individual: David Thodey, former CEO of Telstra, with an early career in aerospace engineering.
Summary
Discover the top 10 engineers by salary in Australia’s engineering sector. Compare salaries and job opportunities through our ranking of the top 10 engineers by salary. Engineers play vital roles across several sectors ranging from mining and petroleum to IT, construction and aerospace – driving innovation that contributes significantly to Australia’s economy. Gain an in-depth look into Australia’s highest-paying fields through this comprehensive overview. Engineers earn high wages in various sectors, such as mining, energy, IT, construction and aerospace. Their contributions and expertise are critical in the creation and upkeep of essential infrastructure such as roads and buildings as well as technological innovations and the efficient extraction of resources.
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The following Australian companies share one thing in common: they are all accused of misleading their customers in one way or another.
QBE
Qantas
EnergyAustralia
IAL
Coles
Woolworths
Harvey Norman
Latitude Finance Australia
The latest is ASIC’s legal action against QBE, which is accused of misleading customers about price discounts on its premiums.
ASIC took action against Insurance Australia Ltd and Insurance Manufacturers of Australia (both owned by IAG) last year, alleging they misled customers about the loyalty discounts available for certain types of home insurance.
Commenter
These practices will continue while ever the offenders can pass the penalties on to their customers. Make the penalties come out of executive pay, shareholder dividends or better still, imprison an executive and these type of practices will stop overnight.
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EnergyAustralia Solar Panels
EnergyAustralia solar panels enable homeowners to harness the sun and create a sustainable, self-sufficient energy system. The system generates electricity for home use and exports excess power to the grid, reducing consumer electricity bills.
Adding battery technology enables consumers to store their energy for later and reduce their reliance on the grid. Solar systems also add value to homes and require minimal maintenance.
Solar power is a sustainable solution
Adding energy australia solar panels to your home is a low-maintenance, long-term investment that has the potential to significantly reduce electricity costs. It also helps reduce carbon emissions and may increase your property value. In addition, a battery can help you store energy for when your solar system isn’t producing as much power, or when electricity prices are highest.
Solar systems are cheaper than ever before. Combined with a smart solar battery, they are often cheaper than buying grid electricity in most Australian cities and towns.
Depending on the size of your solar system, you might be eligible for an up-front incentive through Small-scale Technology Certificates (STCs), which will significantly reduce the upfront cost of your system. Talk to EnergyAustralia about your eligibility and the up-front incentive you might receive.
It’s affordable
Solar energy is a cost-effective way to reduce your electricity bill and greenhouse gas emissions. It also adds to the value of your home and requires minimal maintenance. However, it’s important to choose a reliable and high-quality system.
Solar power works by converting sunlight into direct current (DC) electricity using silicon-based solar cells. Sunlight hitting the panels causes electrons to be released, generating power. These cells are connected in a panel, which produces a specific rated capacity in watts.
With the cost of solar systems falling rapidly, now is a great time to get on board. EnergyAustralia has launched a new product, the Solar Home Bundle, which offers eligible customers a fully installed and managed solar and battery system for no upfront costs and under a seven-year energy plan. The deal includes a premium battery (Alpha-ESS SMILE5), which should be able to provide backup power during blackouts. However, eligibility is very limited and based on creditworthiness.
It’s empowering
A solar power system will not only help you save money on your energy bills but also reduce your carbon footprint. It can even boost the value of your property. It is a great investment and is very easy to install. There are now panels available that blend seamlessly with your roof and can even be financed, making them more affordable for everyone.
Kuiper says Australia’s success in solar is partly due to its natural advantage, with more sunshine than nearly any other rich nation. But it has also been helped by incentives, which have encouraged people to take control of their power bills and help push coal off the grid.
Many electricity retailers offer solar and battery packages, such as EnergyAustralia’s Solar Home Bundle, which will include a rooftop solar panel systems and battery for no upfront cost. You can then pay for your electricity as it’s used, with prices that are fixed for seven years. This deal will appeal to households that want a battery but cannot afford the upfront cost.
It’s a revolution
A solar energy system not only reduces a household’s environmental impact, but also puts money back into their pocket. Through the feed-in tariff, they are paid for surplus electricity fed back into the grid, helping to cut their electricity bills even further.
Australia’s energy landscape is undergoing a transformation, and solar power is playing a key role in this shift. It is a powerful, cost-effective solution that can help reduce Australia’s dependence on fossil fuels and move towards a greener future.
The uptake of solar in Australia has been driven by a number of factors. It is a rapidly developing technology with a global reputation for quality, and it is particularly popular in urban areas where there are higher rates of home ownership. In addition, the price of solar PV panels has dropped significantly and is able to deliver a significant financial benefit for households. This, combined with a variety of government incentives, has led to an unprecedented boom in the industry.
#solar power installers sydney#energy australia solar panels#best solar panels in australia#solar smart#smart commercial solar#solar panel systems#solar pv installation#smart energy
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What is Green Power Australia?
The GreenPower program gives consumers a way to support Australian renewables. When a renewable energy generator makes a certain amount of energy, they receive Large-scale Generation Certificates (LGC). Power companies buy these certificates and surrender them to the Clean Energy Regulator. This incentivises new investment in renewables.
GreenPower customers’ electricity usage is offset with RECs from government accredited wind, solar, bioenergy, hydro and landfill gas projects. This energy is then added to Australia’s grid on their behalf.
GreenPower is a government-led initiative
GreenPower is a government-led initiative that enables households to support Australian renewables, reduce their emissions and contribute to a clean energy future. It is available through most electricity retailers, and allows consumers to offset their electricity usage with renewable energy that has been bought from accredited Australian renewable generators.
The program is managed by a consortium of state government agencies, including the ACT, NSW, Victoria and South Australia. Its strict environmental standards ensure that only renewable energy generators can get accreditation to participate in the program. This means that only renewable energy that produces net-zero greenhouse gas emission reductions in the electricity sector can be purchased through a green power Australia product.
With the help of EnergyAustralia, customers can choose to buy 10%, 20% or 100% GreenPower accredited renewable energy. This energy will be added to the national grid on their behalf. The electricity purchased will come from renewable sources like wind, solar and hydro. All GreenPower products are verified and audited by the GreenPower authority.
It’s a simple way to support Australian renewables
GreenPower is a government-accredited scheme that gives you the option to purchase renewable electricity with your power company. Its proceeds go toward new Australian renewable projects, which are then added to the national electricity grid. The electricity from these projects is then passed on to your home or business.
The GreenPower premium on your energy bill is used to buy Large-Scale Generation Certificates (LGCs) from accredited renewable energy generators. These LGCs are additional to those that retailers must buy to meet their obligations under Australia’s Renewable Energy Target.
However, GreenPower can be expensive, averaging around five to 10 cents more per kWh than standard electricity. If you don’t want to spend extra money on
GreenPower, try switching to a carbon neutral retailer instead. The projects that are purchased under a carbon neutral plan may not be directly related to the energy industry, and can range from waste management in Brazil to forestry regrowth schemes in Vietnam.
It’s a way to reduce your carbon footprint
Green power electrical is a way to reduce your carbon footprint by offsetting your electricity consumption with renewable energy. It is a government-accredited program that allows electricity retailers to match your consumption with renewable energy generated by accredited generators like solar, wind, bioenergy, and hydro. These projects must meet rigorous environmental standards to earn the GreenPower tick of
approval. The National GreenPower Accreditation Program sets the rules for GreenPower products and independently audits them.
Energy efficiency and onsite renewables can only reduce your business’s energy usage by a small amount, so buying GreenPower is another option to help you reach your sustainability targets. This can be particularly important for businesses that are not able to install rooftop solar.
The Green Electricity Guide is a great resource to find the best GreenPower provider for your business. It offers an independent assessment of Australia’s electricity retailers and their climate-related commitments. It also provides information on the criteria you should consider when selecting a retailer for your business.
It’s a way to support local jobs
For businesses that cannot install rooftop solar, GreenPower is an affordable way to support local jobs in renewable energy. It is a government accredited scheme that buys renewable energy certificates on your behalf, and it will be included in your electricity bill. The renewable energy is then added to the national electricity grid and used to power your business.
Green power provides carbon neutral energy to help reduce emissions. It is available from most Australian electricity retailers and is a great option for those who want to make a difference in climate change. It can be purchased online or by calling your electricity retailer.
The GreenPower program is a joint initiative of the ACT, NSW, Queensland, South Australia, and Tasmania governments. It is independently audited to ensure that your GreenPower purchase supports greater renewable generation in Australia. This includes a mix of wind, solar, bioenergy, and hydro. The GreenPower program also offers an optional decoupling of the GreenPower certificates from the power itself. This allows businesses to claim GreenPower credits in their carbon accounting and meet strict sustainability standards.
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Australia’s big electricity generators say nuclear not viable for at least a decade
AGL Energy, Alinta, EnergyAustralia and Origin Energy say they will remain focused on renewables despite Coalition support for nuclear reactors Peter Hannam, Guardian. 19 Mar 24 Australia’s big private electricity generators have dismissed nuclear energy as a viable source of power for their customers for at least a decade. They say they will remain focused on developing renewable sources as…
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#Sustainability♻️ #IndependentMedia🗞️🎙️🖥️ #CostOfLiving🇦🇺 #SWD🕸️ #G2S🌿. Thankyou (Under 11 Min Video) "Pinging #Australia"s Biggest Freeloaders!" #TheWestReport Foreign Dead Weight Greed Corps And #NewsAustraliaHoldings #SkyNews #Virgin #EnergyAustralia https://youtu.be/tu2dTgsbu_I?si=FN2iV8Z2kFIv9Jj4
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Finding Affordable Electricity Providers in Brisbane
Electricity is an essential utility that powers our daily lives, from keeping our homes well-lit and comfortable to running our appliances and devices. For residents of Brisbane, Australia, the cost of electricity can be a significant part of their monthly expenses. However, with the multitude of cheap electricity providers Brisbane, finding an affordable option can be challenging. In this article, we will explore the options for cheap electricity providers in Brisbane and provide tips on how to make an informed choice.
Understanding the Electricity Market in Brisbane
Brisbane, like the rest of Queensland, has a deregulated electricity market, meaning consumers have the freedom to choose their electricity provider. This competition has led to various providers offering different plans, prices, and incentives to attract customers. To find the cheapest electricity provider in Brisbane, you'll need to compare these options carefully.
Tips for Finding Cheap Electricity Providers in Brisbane
Compare Plans and Rates: The first step in finding affordable electricity is to compare the rates and plans offered by different providers. You can use online comparison tools and government websites like the Queensland Government's "Energex's Tariff Information" to make this process easier. Be sure to check for any hidden fees or additional charges.
Consider Green Energy Options: Some electricity providers offer green energy plans that utilize renewable sources like solar, wind, or hydroelectric power. While these plans may have slightly higher rates, they can help you save money in the long run and reduce your environmental footprint.
Fixed vs. Variable Rates: Electricity plans typically offer two types of rates: fixed and variable. Fixed rates lock in your electricity price for a set period, providing predictability and protection from price increases. Variable rates can fluctuate based on market conditions but might offer lower rates during certain periods.
Discounts and Incentives: Many providers offer discounts or incentives to attract new customers. These could include sign-up bonuses, referral rewards, or discounts for bundling services like gas and electricity. Be sure to take advantage of such offers if they align with your needs.
Review Your Usage: Understanding your electricity consumption habits is crucial in finding the right provider. Some plans offer lower rates during off-peak hours, which can be cost-effective if you can adjust your energy usage accordingly.
Check Customer Reviews: Customer reviews and feedback can provide valuable insights into a provider's reliability, customer service, and overall satisfaction. Research the reputation of prospective providers to ensure they meet your expectations.
Understand Terms and Conditions: Before signing up with any provider, thoroughly read and understand the terms and conditions of the contract. This will help you avoid any unexpected costs or issues down the road.
Affordable Electricity Providers in Brisbane
Several electricity providers in Brisbane offer competitive rates and services. Here are a few of the well-known options:
Origin Energy
AGL Energy
EnergyAustralia
Red Energy
Alinta Energy
Click Energy
Simply Energy
It's important to note that the availability of these providers may vary depending on your location within Brisbane, so be sure to check which ones operate in your area.
Conclusion
While finding cheap electricity providers in Brisbane may seem daunting, it's entirely possible with the right information and a bit of research. By comparing plans, understanding your usage patterns, and considering green energy options, you can make an informed choice that not only saves you money but also aligns with your values. Remember to regularly review your electricity plan, as rates and offerings may change, and you could discover better deals over time.
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Energy company says it is ‘well placed’ to take advantage of ‘remaining opportunities’ during the exit from fossil fuelsFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news...
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NSW Power Comparison: Find the Best Power Plans for Your Home
When it comes to managing household expenses in New South Wales (NSW), electricity bills often take up a significant chunk of the budget. With numerous providers offering a variety of plans, finding affordable electricity rates and the best electricity providers can seem like a daunting task. However, with the right knowledge and tools, you can make an informed decision and save money on your energy bills. This guide explores the factors to consider and how to navigate the NSW electricity market effectively.
Understanding the NSW Electricity Market
NSW operates within Australia’s National Electricity Market (NEM), which provides consumers with the power to choose their electricity provider. The state’s energy market is deregulated, meaning electricity providers compete to offer better rates and services. This competition can work in your favor, but it requires careful comparison to ensure you’re getting the best deal.
Factors to Consider When Comparing Power Plans
Electricity Rates The primary consideration for most households is the cost of electricity. Look for affordable electricity rates by examining the following:
Usage Rates: Charged per kilowatt-hour (kWh) of energy consumed. Providers may offer tiered rates depending on usage levels.
Supply Charges: Fixed daily fees for maintaining your connection to the grid.
By comparing these charges across providers, you can identify plans that align with your consumption habits.
Discounts and Incentives Many electricity providers offer discounts for paying on time or signing up for a specific contract period. Be cautious of deals that seem too good to be true, as discounts might apply only to usage charges and not supply charges.
Renewable Energy Options If environmental sustainability is important to you, look for providers offering GreenPower plans. These allow you to source some or all of your electricity from renewable sources, often at a slightly higher cost.
Contract Terms and Exit Fees Some plans may lock you into a fixed-term contract, while others operate on a no-lock-in basis. Review the terms carefully to avoid unexpected fees if you decide to switch providers later.
Usage Patterns Consider your household’s energy usage patterns. Do you consume more power during the day or at night? Some providers offer time-of-use rates, which may benefit households with off-peak consumption.
Top Tools to Compare Power Plans in NSW
Energy Made Easy Run by the Australian Government, Energy Made Easy provides a reliable, impartial comparison tool. Simply input your location and usage details to get tailored plan suggestions.
Private Comparison Sites Platforms like Comparable also offer comparison services. While these may include sponsored plans, they provide an additional perspective on the market.
Provider Websites Visiting the websites of the best electricity providers directly can sometimes reveal exclusive deals not listed on third-party platforms.
Who Are the Best Electricity Providers in NSW?
The "best" provider depends on your needs, but some consistently highly rated providers in NSW include:
AGL: Known for competitive rates and customer-friendly digital tools.
Origin Energy: Offers flexible plans and renewable energy options.
EnergyAustralia: Focused on sustainable energy with innovative pricing structures.
Powershop: A popular choice for environmentally conscious consumers, providing 100% carbon-neutral energy.
Red Energy: Highly rated for customer service and transparent pricing.
Each provider has its strengths, so comparing their plans based on your priorities is crucial.
Real-World Tips for Saving on Electricity Bills
Review Your Bill Annually Energy prices and your consumption patterns can change over time. Make it a habit to review your electricity plan annually and switch providers if better options are available.
Leverage Technology Many providers offer apps to track your energy usage in real-time. Understanding your consumption can help identify wasteful habits.
Consider Solar Energy Installing solar panels can significantly reduce your reliance on grid electricity. NSW residents may also benefit from government rebates and feed-in tariffs.
Optimize Energy Efficiency Small changes, like using energy-efficient appliances or switching to LED lighting, can lower your consumption and reduce your bill.
How to Switch Providers in NSW
Switching electricity providers is straightforward and typically involves the following steps:
Compare plans and choose the one that best suits your needs.
Contact your new provider, who will handle the transfer process.
Ensure any outstanding bills with your current provider are settled.
Most providers do not require a physical visit to change your connection, making the process seamless.
Final Thoughts
Finding the right power plan in NSW doesn’t have to be complicated. By understanding the market, leveraging comparison tools, and staying informed about your energy usage, you can secure affordable electricity rates and partner with the best electricity providers. Regularly reviewing your plan ensures you continue to get value for money while aligning with your household’s evolving needs.
Make the switch today and take control of your energy costs!
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Use Billy Sumo to learn about the best energy providers AU has to offer. Compare prices and save money today with Billy Sumo!
#energyproviders#energyaustralia#originenergy#agl#powershop#alinta#sumo#powerdirect#redenergy#actewagl#comparisonpage
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Report shows France will triple storage capacity by 2020
Report shows France will triple storage capacity by 2020
By Mark Hutchins A new report from Clean Horizon points to France becoming Europe’s next big market for storage.
Read more here:: Renew Economy
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Figures from the Australian Energy Regulator, released on Monday, shed light on the impact of the clean energy transition sweeping the country’s main power grid and the existential challenges engulfing fossil-fuel generators.
Coal generation for the quarter dropped by 800MW, accounting for just 15,000MW: its lowest proportion since the formation of the National Electricity Market in the late 1990s.
During the past March quarter, usually the most energy-intensive period, the development of large wind and solar farms, greater output from rooftop solar panels and milder-than-usual weather slashed prices across the National Electricity Market. The Victorian wholesale price fell the most sharply, to $27 a megawatt-hour from more than $100 the same time last year.
“In summer, and particularly the first quarter, wholesale electricity prices are usually higher with hot weather prompting more use of air conditioners, and higher demand for electricity pushing up prices,” Australian Energy Regulator chair Claire Savage said. “But the first quarter this year was different.”
Rock-bottom wholesale electricity prices – which Ms Savage described as “good news for consumers” because they would eventually translate to lower bills – have been piling enormous pressure on coal-fired generators, which supply the bulk of the country’s power but are now running at a loss and are unable to compete with cheaper renewables during the day.
In March, EnergyAustralia announced it would shut Victoria’s Yallourn brown coal-fired power plant in 2028, four years earlier than planned. AGL, the nation’s top power company, is planning to de-merge its huge coal and gas-fired power stations from its wider retailing business after sinking to a $2.3 billion half-year loss.
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• twenty five years • This criminal looking chap, with hair, has been working for twenty five years..... All for the same company...... And, still has all of his long service leave, and never taken even one sickie, ever!!! Happy Anniversary Brendo, we’re very proud of you!!! #twentyfiveyears #employment #job #modelemployee #hardworker #milestone #welldone #shortlandelectricity #energyaustralia #originenergy #ausgrid #electrician #districtoperator #DOP #14Dec1992 #backwhenhehadhair #shawshankredemptioninmate #loveya #husband
#dop#twentyfiveyears#loveya#shawshankredemptioninmate#hardworker#shortlandelectricity#energyaustralia#husband#employment#milestone#backwhenhehadhair#14dec1992#districtoperator#electrician#ausgrid#originenergy#job#modelemployee#welldone
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Meet the nation's most hated electricity company
#Energy#power prices#energy prices#electricity prices#energy retailers#Origin Energy#AGL#EnergyAustralia#power bills
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