Uncompetitive SA electricity market damaging business
Uncompetitive SA electricity market damaging business
Large energy users have called for a change to the structure of the SA electricity market, claiming rising electricity costs in South Australia are threatening the wellbeing of South Australians. ‘South Australian jobs in industries important to the economy are at threat,’ said Phil Barresi, CEO of the Energy Users Association of Australia. ‘Wholesale electricity […]
Queensland Government beneficiary of uncompetitive power pricing
Electricity costs continue to rise in Queensland, threatening the wellbeing of Queenslanders, claimed large energy users today. ‘Higher wholesale power prices are threatening jobs, notably in industries important to the Queensland economy,’ said Phil Barresi, Chief Executive Officer of the Energy Users Association of Australia. ‘Wholesale electricity prices in Queensland are being driven up by […]
Renewing Uncertainty in Power Prices
Australian energy users today expressed dismay at the Federal Opposition’s renewable energy share announcement. ‘Last month we welcomed the long awaited bipartisan support for a resolution to the renewable energy target, said Phil Barresi CEO of the Energy Users Association of Australia.’ ‘Yesterday, the Federal Opposition has put the industry on notice that investment uncertainty […]
Business Calls for a RET Compromise
Peak business groups have today called on the Federal Government and Opposition to resolve the current Renewable Energy Target (RET) impasse, and provide much needed certainty to industry. The business groups stated: “We acknowledge the goodwill from the Australian Government in moving from a position in the high twenty thousands to 32 000 GWh and […]
AER’s Small Step to Reigning In Power Prices
The Energy Users Association of Australia (EUAA) has branded today’s determinations by the Australian Energy Regulator (AER) as one small step for electricity users. “It’s a small step in the right direction, but given the massive cost increases of electricity in recent years, large energy users and consumers are looking for something akin to a […]
ACCC Inquiry welcome as drop in gas demand forecasted
The Energy Users Association of Australia (EUAA) has welcomed today’s official announcement that the ACCC will commence a 12 month inquiry into the competitiveness of wholesale gas prices. This is a timely announcement considering today’s report from Australian Energy Markets Organisation (AEMO) that shows the previously forecast gas shortage will not take place. “Under normal […]
EUAA welcomes ACCC referral in Energy White Paper
The Energy Users Association of Australia (EUAA) has welcomed reforms detailed in the Energy White Paper released this morning. “The Energy White Paper sets out a policy framework in increasing competition to deliver lower prices, improved energy productivity and future investment,” EUAA Chief Executive Phil Barresi said. “The EUAA congratulates Minister Macfarlane on the release […]
Open letter from peak bodies calling for urgent Renewable Energy Target resolution
It has been more than one year since the Federal Government announced a review of the Renewable Energy Target (RET). As a coalition of peak business associations representing renewable energy investors and electricity users, we are calling for both major parties to show leadership and to negotiate a final outcome by Tuesday 31 March. This […]
Time to end RET Gridlock
The Energy Users Association of Australia (EUAA) today calls for an end to the gridlock over the Renewable Energy Target (RET). ‘There are many different views on the RET scheme, and there has been sufficient time for argument and discussion,’ said Phil Barresi, EUAA Chief Executive Officer. ‘It’s time to reach agreement and end the […]
Australian financial Review – EUAA Op-Ed
Australian Financial Review – Biggest Power Buyers Back Electricity Sales
Energy users urge regulator to hold firm against network claims
Energy users today urged the Australian Energy Regulator to strongly refute the unsubstantiated claims being made by the NSW energy distribution networks regarding the impacts of the AER’s Draft revenue determinations. ‘Whilst there are many aspects of the AER’s Draft Determinations that the EUAA disagrees with, we acknowledge that the AER is finally taking a […]