Cement manufacturer Adelaide Brighton has signed deals with two new energy providers for the supply of gas and electricity to its South Australian operations. The company has entered into an agreement with Beach Energy for the supply of gas, and also Infigen Energy, who will supply electricity to the manufacturer’s plants in Birkenhead and Angaston. … Continue reading SA manufacturer signs two new energy deals
The ACCC has published a preliminary report into the electricity market highlighting significant concerns about the operation of the National Electricity Market, which is leading to serious problems with affordability for consumers and businesses. The Retail Electricity Pricing Inquiry preliminary report details the ACCC’s initial assessment of information it has gathered including documents and data from industry, … Continue reading ACCC report on electricity affordability, competition issues
Utilities, including electricity, gas, nuclear power and water treatment, are the most critical industries in the world according to a new report from Vertiv, formerly Emerson Network Power. In Ranking the World’s Most Critical Industries, Vertiv convened a panel of global critical infrastructure experts to systematically quantify and rank the criticality of multiple industries based on … Continue reading World’s most critical industries ranked
From July 1, South Australia will surpass Denmark as having the most expensive power in the world. Energy companies AGL, EnergyAustralia and Origin Energy will all be increasing their electricity prices this Saturday. On average, AGL will be increasing its prices by 18 per cent, EnergyAustralia by 19.9 per cent, and Origin Energy by 16.1 … Continue reading SA power prices to become world’s most expensive
Australia’s biggest manufacturer, steel giant BlueScope, has controversially backed a clean energy target for the energy sector. It is unreasonable to favour the provision of affordable and reliable energy over reducing carbon emissions, according to BlueScope chief executive Paul O’Malley. Therefore, he has called for politicians to get behind a clean energy target as a … Continue reading Australia’s biggest manufacturer backs clean energy target
Telstra has reportedly seen its power costs increase by $100 million in the past year, with a senior executive calling on Industry Minister Arthur Sinodinos for urgent action to address Australia’s energy crisis. This follows a recent decision by the Federal Court to increase NSW electricity prices by $3 billion over the next few years, on … Continue reading Telstra’s power costs up $100m; company calls for price correction
The Federal Court has handed down a decision that will increase electricity prices for NSW customers by around $3 billion. According to environment and energy minister Josh Frydenberg, this reaffirms the Turnbull Government’s position of wanting to abolish the Limited Merits Review (LMR) process to stop network businesses gaming the system. The Australian Energy Regulator … Continue reading Electricity prices to increase $3b for NSW consumers
With the right technology, homeowners and businesses with solar and battery storage systems have the potential to play a vital role in stabilising a grid with high renewable generation, according to Luke Osborne, chief operations officer for Reposit Power. By integrating innovative software with solar battery systems, Reposit Power helps customers who invest in these … Continue reading Solar battery storage ‘vital for energy market’
A University of Adelaide (UoA) researcher is proposing Australia use a “climate sharing system” to help solve the current power crisis. The architect of the system, Professor Mike Young, is Professor of Environmental and Water Policy with UoA’s Centre for Global Food and Resources. He played a leading role in creating Australia’s water sharing system, … Continue reading Climate sharing system could end Australia’s power crisis
Working with ABB, IBM has developed a new AI assistant to help manufacturers detect defects on the production line. The Cognitive Visual Inspection System is connected to ABB’s industrial monitoring system, ABB Ability, and will help manufacturers improve speed, yield, and uptime, according to the company. The system works by transferring images from an ultra-high-definition … Continue reading IBM and ABB develop AI assistant for quality assurance
From July this year, there will be a significant increase in wholesale electricity prices for NSW. This has sparked fears that the cost of doing business in the state will be so high that manufacturers will be forced out. While NSW wholesale electricity prices were stable for a number of years, prices have increased by … Continue reading Rising wholesale electricity prices will threaten NSW businesses
Plans for a $2 billion expansion to the Snowy Hydro Scheme are essential to combat “staggering” electricity prices, according to the project’s chief executive, Paul Broad. Broad has said in an interview that the project is looking to the “market of the future” and will help “keep the lights on”for Australian consumers paying more for their power compared to … Continue reading Snowy 2.0 expansion will ease Australia’s ‘staggering’ electricity prices
Russell Palmer has been appointed as Managing Director of Yokogawa Australia.
Tasmania’s Bell Bay Aluminium has said that it wants to federal government to act on over-investment and over-charging by electricity companies.
A report shows expenditure on energy as a percentage of turnover increased by 10% between 2008 and 2011, as pressures mount from the carbon tax and rising electricity bills.