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Reaction: Emissions the unspoken 'elephant in the room' in ESB reform package


30 April 2021
The Energy Security Board delivered a series of options for redesigning the national electricity market on Friday, but many energy industry players say the package has left some significant gaps in its proposed reforms, including addressing the sector’s greenhouse gas emissions.
“What should have been a pathway to steer the energy market towards net zero emissions is underwhelming in its vision. Instead, it proposes not only significant changes that delay the transition, but more importantly, recommendations that result in higher energy prices for consumers,” Stephanie Bashir from Nexa Advisory told RenewEconomy.
“The ESB’s Physical Retailer Reliability Obligation recommendations, if approved by the States, would require retailers to buy and surrender certificates from firm generators, effectively creating new revenue streams for coal and gas-fired generators.” ....

New South Wales , Chris Bowen , Kane Thornton , Stephanie Bashir , Lynne Gallagher , Michael Mazengarb , Simon Corbell , Kerry Schott , Tristan Edis , Clean Energy Council , Clean Energy Investor Group , Energy Consumers Australia , Australian Energy Market Operator , Green Energy , Energy Security Board , Nexa Advisory , Retailer Reliability Obligation , Green Energy Markets , Locational Marginal Pricing , Financial Transmission Rights , Consumers Australia , புதியது தெற்கு வேல்ஸ் , கிறிஸ் குனி , கேன் தோர்ன்டன் , லின் கல்லாகர் , சிமோன் கார்பல் ,

Victoria slammed for refusing to release details of secret Yallourn closure deal


16 March 2021
The Victorian Andrews government is facing growing criticism for its refusal to disclose the details of a deal struck with energy giant EnergyAustralia around the closure of the Yallourn brown coal power station in the Latrobe Valley.
Last week, EnergyAustralia announced that it would close the Yallourn power station in 2028, four years earlier than previously planned. Some analysts, however, were surprised that the ageing and struggling generator would last that long, but EnergyAustralia revealed it had struck a deal with the Victorian government that included some level of financial support.
That has led to speculation that the Victorian government is effectively paying EnergyAustralia to keep the power station open longer than it would otherwise be. It is thought that this could include some form of price guarantee for the generator, which has led to complaints that the deal will further distort the energy market, preventing normal market dynamics fro ....

New South Wales , Latrobe Valley , Lily Dambrosio , Dan Himbrechts , Michael Mazengarb , Ellen Sandell , Green Energy , Victorian Andrews , Lilyd Ambrosio , Victorian Greens , Victorian Labor Government , Labor Government , Green Energy Markets , State Government , Energy Markets , புதியது தெற்கு வேல்ஸ் , லாட்ரோப் பள்ளத்தாக்கு , லில்லி டம்பிரோசியோ , எல்லன் சாண்டல் , பச்சை ஆற்றல் , விக்டோரியன் ஆண்ட்ரூஸ் , விக்டோரியன் கீரைகள் , விக்டோரியன் தொழிலாளர் அரசு , தொழிலாளர் அரசு , பச்சை ஆற்றல் சந்தைகள் , நிலை அரசு ,