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Electricity prices estimated to fall over next two years

National residential electricity prices will fall on average over the next two years from mid 2018 as more variable wind and solar generation comes online – offsetting this year’s price increase. But these gains won’t last without investment in replacement dispatchable capacity. Uncertainty is stopping investment and will put upward pressure on prices in the… Read the full article

South Australia experiences dramatic fall in energy costs after gas deal

South Australia’s renewables-heavy electricity market has been turned upside down, moving from importing power to exporting it, and from having some the most expensive wholesale prices in the country to having some of the cheapest. And all that appears to be a result of one gas deal secured by a generator that was blamed by… Read the full article