Queensland Government Policies Delivering Measurable Outcomes for Gas Users
Queensland Government Policies Delivering Measurable Outcomes for Gas Users
The efforts of the Queensland government to release acreage for domestic gas use has been demonstrated to deliver real outcomes for local energy users. Today’s announcement that the Queensland government will release new tenders for an additional 30,000 square kilometres with 30% reserved for domestic use is welcomed by the Energy Users Association of Australia […]
EUAA Welcomes CEFC Funding to Support Grid and Electricity Market Evolution
With electricity costs one of the top three biggest costs cited by large energy users, increased funding for the Clean Energy Finance Corporation (CEFC) to share the costs of the evolution of our grid is welcomed by the Energy Users Association of Australia (EUAA). “As we undergo a huge shift to increasing penetration of decentralised […]
We Should Talk About Capacity Markets Not Extend Expensive Emergency Measures
Reports today that the Victoria Government will seek an exemption from the AEMC to allow AEMO the option of negotiating Reliability and Emergency Reserve Trader (RERT) contracts up to three years in advance is concerning. “The RERT mechanism is designed as a last resort safety net to be applied when the reliability standard is likely […]
Energy Users Welcome Clare Savage To The Australian Energy Regulator
Australia’s peak body representing some of Australia’s largest energy users, the Energy Users’ Association of Australia (EUAA), welcomes the appointment of Clare Savage to the role of Chair of the Australian Energy Regulator (AER). “Clare brings an impressive set of skills and knowledge to the role of Chair at the AER taking over from previous […]
Governments and Industry Must Cooperate to Drive Better Outcomes in Gas Markets
Today’s seventh Gas Inquiry report released by the Australian Competition and Consumer Commission (ACCC) confirms what many members of the Energy Users’ Association of Australia (EUAA) have been saying, that more action in gas markets is needed to increase competition and supply. “The ACCC report confirms what we are hearing from our members – while […]
If Energy Users Must be Prepared to Load Shed then Governments Must be Prepared to Work Together on a Plan
The release today of the 2019 Electricity Statement of Opportunities (ESOO) by the Australian Energy Market Operator (AEMO) is a further warning that energy users will continue to face higher costs and decreasing reliability without a coordinated, national plan for the energy transition that is already underway. “This coming summer, large energy users will once […]
More Renewable Energy without a Transition Plan is Flirting with Disaster
The Victorian Government’s proposal to increase renewable energy in the state to 50% by 2030 through Victorian Renewable Energy Target (VRET) is a disaster waiting to happen in the absence of a well considered transition plan that includes all the elements of the energy system, and considers other reforms being undertaken in energy markets. “Without […]
Much Needed Gas Market Reform Welcomed by Energy Users
The announcement today from the Federal Government that it will move to develop a domestic gas reservation policy is welcomed by energy users who rely on gas to produce essential goods needed in the community every day. “Addressing the supply and price of gas along the east coast cannot come soon enough,” said Energy Users’ […]
More Flexible Generation an Important Piece in the New Energy Market
With the energy market undergoing an unprecedented transition, last week’s announcement of Federal funding to support Genex Power to build a pumped hydro power station in North Queensland represents a pragmatic step towards a more flexible and secure energy system. More flexible generation technologies like pumped hydro will play an increasingly important role in the […]
Cost of Rewiring the Electricity Grid Must be Shared
The release today of an Insights Paper by the Australian Energy Market Operator (AEMO) that identifies significant investments in the National Electricity Market (NEM), highlights the urgent need to rethink the way we pay for the transition of our energy system. The Energy Users’ Association of Australia (EUAA) is calling on the energy industry, governments, […]
Recent Gas Deals Prove that Prospective Gas Reservation is Part of the Solution
The Energy Users Association of Australia (EUAA) welcomes a number of recent announcements regarding new gas contracts signed by major industrial gas users. While the cost of domestic gas is still largely linked to international gas prices, and therefore well above long-term affordable levels, we are encouraged that some deals are getting done. However, closer […]
Qld Gas Exploration Licence for Domestic Use creates Glimmer of Hope for Energy Users
For domestic energy users struggling to access reasonably priced gas supply, today’s announcement that new exploration licences in Queensland have been granted solely for domestic use is welcomed, says the Energy Users Association of Australia’s Chief Executive Officer (CEO). “The biggest issue for large industrial gas users along the east coast is access to an […]