Snowy Hydro Expansion creates Optimism for Large Energy User
Snowy Hydro Expansion creates Optimism for Large Energy User
The Energy Users Association of Australia (EUAA) welcomes the Federal Government’s plan to expand the Snowy Hydro scheme. “Expanding an existing resource such as the Snowy will likely improve energy security across the NEM and has the potential to reduce peak pricing which is good news for all energy users,” said EUAA Chief Executive Officer, […]
Prime Minister’s Gas Crisis Meeting Announcement: A Ray of Hope or False Dawn?
“Reports from Canberra that the Prime Minister has gained guarantees from a number of LNG exporters to ensure sufficient domestic gas supply is a welcome development,” said Energy Users Association of Australia (EUAA) Chief Executive Officer, Andrew Richards. While details are yet to fully emerge, it is encouraging that the federal government and at least […]
Energy Users Critical to Gas Crisis Talks
Large energy users, represented by the Energy Users Association of Australia (EUAA) has welcomed today’s meeting between the Prime Minister and senior gas industry executives but has also stressed that the primary focus of the National Gas Objective (NGO) must be the priority. The NGO clearly states that it exists ‘to promote efficient investment in, […]
Nice power station – but where’s the gas?
“The South Australian government’s anouncement today that will see it take some extraordinary measures to respond to the crisis in our energy markets underscores the severity of the situation where it appears that energy markets are not working,” said Energy Users Association of Australia CEO, Mr Andrew Richards. “The fact that state goverments feel compelled […]
Large Energy Users Back AEMO Call for More Gas
The Energy Users Association of Australia (EUAA), representing large energy users from a broad range of industries in Australia including manufacturing, raw materials, food and packaging companies, has been a strong advocate for gas market reform, warning for some time of a looming crisis if policy makers did not act decisively. Today it backed AEMO’s […]
Energy Quest – East Coast Gas Oversold: New Report
A highly forensic review of Australia’s east coast gas sector has found that estimates of commercial gas reserves to service Queensland’s new Gladstone-based LNG industry and local domestic gas consumption, carry substantial risks that are not widely appreciated. The review’s author says this puts at risk the longer-term security of east coast gas with current […]
Energy Markets at the Crossroads: gas and electricity contracts up 150% for some
Progressively over the last 10 years Australia has given up its comparative advantage in fairly priced, highly reliable energy which has underpinned significant industrial development and employment for many decades. If allowed to continue on this trajectory this comparative advantage will be permanently lost and along with it, a majority of energy intensive industry including […]
EUAA Submission to The Independent Review into the Future Security of the National Electricity Market
The EUAA is a strong advocate for energy users and firmly believe that the primary objective of energy markets should be to serve the customer. However, we also recognise that energy markets will only be sustainable when the right balance between buyers, sellers and investor interests is maintained…. Contact us for details euaa@euaa.com.au
Credit Suisse – Australian Eas Coast Gas
Full press release available for download below
Warning Signs Ignored so Price Shocks were Inevitable
Energy Users Association of Australia (EUAA) CEO Andrew Richards today called on governments and regulators to work more closely with industry to repair the damage to energy markets before Australia’s economy is changed permanently. “Large energy users have been warning governments and regulators for many years that energy markets were heading down a dangerous path,” […]
Joint Media Release – No Room for Partisan Politics in Energy
Representatives of Australian communities, including civil society, households, workers, investors, business energy users and energy suppliers today challenged all political leaders to stop partisan antics and work together to reform Australia’s energy systems and markets to deliver the reliable, affordable and clean energy that is critical to wellbeing, employment and prosperity. There is simply no […]
EUAA Submission: Commercial Arbitration Framework for Pipeline Access Disputes under the National Gas Law (8 February 2017)
The annual energy bills paid by our members collectively amounts to many billions of dollars and constitutes a significant cost to their business. In recent years our members have expressed concern about their ability to secure gas contracts at fair prices and on reasonable terms…. Contact euaa@euaa.com.au for more details.