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Markets & Policy

Energy retailers operating in Victoria cop a record $24.5 million in penalties

The Victorian Essential Services Commission has fined energy retailers operating in Victoria a record $24,467,958 for consumer protection breaches, including overcharging.

First Nations groups encouraged to work with utilities to achieve solar on every household

First Nations Point Pearce Aboriginal Community in South Australia has negotiated with AGL Energy to have rooftop solar installed on every residents’ home, in a template First Nations Clean Energy Network encourages other communities to follow.

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EnergyConnect transmission project records 10 million worker hours

Transgrid and Elecnor Australia, construction partners on the $4.1 billion, 700 kilometre EnergyConnect transmission project have clocked more than 10 million worker hours on the epic project involving the construction of over 1,000 transmission towers.

$994 million in contracts granted for Marinus Link Stage 1

Marinus Link has awarded $994 million in contracts as part of the TasVic Greenlink joint venture of DT Infrastructure and Samsung C&T Corporation to deliver the balance of works package for Stage 1.

Renewables remain lowest-cost option says CSIRO report

The national science agency’s latest update on the cost of meeting Australia’s future power needs has again found firmed renewables provide the lowest-cost option for electricity generation.

IND targets global rollout of grid fault detection technology

IND Technology, the electricity grid safety start-up that was spun out of RMIT, has raised $50 million to help accelerate the global rollout of the company’s early fault detection technology.

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Incat powers up world’s largest battery-electric ship

Australian shipbuilder Incat Tasmania has powered up the world’s largest battery-electric ship – and the largest electric vehicle of any type on the planet – and successfully completed its first e-motor trial in Hobart.

New tool tracks Australian government renewable energy investments

The agency tasked with helping manage Australia’s move to a net-zero economy has launched an interactive map featuring more than 800 Commonwealth-supported utility scale renewable energy and net-zero projects, transmission lines, and industrial projects.

Akaysha achieves major milestone with big battery now complete

Akaysha Energy, the battery storage platform backed by global funds giant Blackrock, has announced the completion of its first big battery project with the 155 MW / 298 MWh Ulinda Park energy storage system in Queensland now online.

Valent lands state planning approval for Armidale battery project

The New South Wales government has provided planning approval for the proposed $209 million Armidale battery project on the condition that developer Valent Energy invests more than $2.5 million in local community projects.

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