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
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World’s most critical industries ranked
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
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SA power prices to become world’s most expensive
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
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Australia’s biggest manufacturer backs clean energy target
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
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Telstra’s power costs up $100m; company calls for price correction
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
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Electricity prices to increase $3b for NSW consumers
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
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Solar battery storage ‘vital for energy market’
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
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Climate sharing system could end Australia’s power crisis
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
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IBM and ABB develop AI assistant for quality assurance
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
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Rising wholesale electricity prices will threaten NSW businesses
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
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Snowy 2.0 expansion will ease Australia’s ‘staggering’ electricity prices
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
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Yokogawa Australia appoints new Managing Director
Russell Palmer has been appointed as Managing Director of Yokogawa Australia.
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Bell Bay warns power network’s gold-plating could cost jobs
Tasmania’s Bell Bay Aluminium has said that it wants to federal government to act on over-investment and over-charging by electricity companies.
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Manufacturers spending more to boost energy efficiency
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.
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