GridBeyond launches price forecasting service in Australia
GridBeyond has launched its new FCAS (Frequency Control Ancillary Services) price forecasting service in the Australian National Electricity Market (NEM).
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CIS expansion receives unwavering support from climate groups
Peak energy bodies, consumer groups and climate advocates have welcomed the expansion of the Capacity Investment Scheme (CIS), bringing forward investment and placing downward pressure on electricity prices
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Record high for renewable energy share in Australia
Australia’s National Electricity Market (NEM) reached a record annual average of 37.5 per cent renewable energy share on 31 August, 2023, as winter gas and coal usage fell.
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Record level of renewable energy in Australia for 2022-2023
The 2022-2023 financial year was a record for renewable energy generation in Australia, according to data from OpenNEM.
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Australian energy investment: $400 billion needed to hit climate target
New modelling indicates Australia requires more than $400 billion in new energy investment to keep pace with advanced economies and hit climate targets to limit global warming to 1.5°C above
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Electrical Trades Union calls for independent review of electricity market
The Electrical Trades Union (ETU) is calling for an independent review of Australia’s National Electricity Market (NEM) following the Australian Energy Market Operator’s (AEMO) intervention
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