Media Hub
Major report concludes electricity network prices are not efficient
A major report published last week highlights the fundamental decisions facing the Australian electricity market, regulators, and Governments as they seek to meet the National Electricity Objective while transitioning to a sustainable low carbon future. The report “Assets or Liabilities? – The Need To Apply Fair Regulatory Values to Australia’s Electricity Networks” was developed by […]
ACCC Report on the East Coast Gas Market Highlights Competition Issues
The EUAA welcomes the release today of the ACCC report into the east coast gas market. Overall, the ACCC has confirmed that there is a significant lack of competition in the east coast gas market all the way along the supply chain through exploration, development, production, transport and sale. The EUAA, which represents a wide […]
Release Gas Resources Now – Tomorrow is Too Late
Energy users today have been condemned to accept continuing gas policy uncertainty, high gas prices, and- more worrying- the unpredictability of supply with the release of the Victorian Parliamentary Inquiry into Onshore Drilling and Fracking for Gas. ‘In a major blow to industrial gas users employing thousands of Victorians in already jobstressed regional communities, the […]
Energy Users Welcome NSW TransGrid Lease Announcement
Energy users welcomed today’s announcement by the NSW Government of the successful lease by an Australian-led consortium of electricity transmission asset TransGrid. ‘For many years, energy users have called for the release of state-owned energy assets,’ said Phil Barresi, CEO of the Energy Users Association of Australia. ‘The potential savings arising such privatisation is significant, […]
Gas Users Continue to Experience Uncertainty on Domestic Supply
Energy users have expressed little surprise at the findings outlined in yesterday’s release of the ACCC’s decision regarding Shell’s proposed acquisition of British Gas. ‘The ACCC’s conclusion that the merger wouldn’t reduce competition is correct, simply by the fact that there is no existing competition to be reduced,’ said Phil Barresi, Chief Executive Officer of […]
AER’s Shallow Bite into Queensland Network Revenues
The EUAA has expressed disappointment in the AER’s final decision regarding the revenue determinations for Queensland’s Energex and Ergon. ‘While the AER has made some reductions to the Ergon and Energex demands they have essentially still left energy users and consumers paying higher prices than should have otherwise been allowed,’ said Phil Barresi, Chief Executive […]
Energy Users Power Towards 2020
The Hon Anthony Roberts MP, NSW Minister for Industry, Resources and Energy, will join energy users from across Australia tomorrow, delivering the opening keynote address at the Energy Users Association of Australia national conference- Powering Towards 2020. Delivering keynote addresses on Day Two of proceedings is the Hon Greg Hunt MP, Federal Minister for the […]
Energy Users Big Losers in Victorian Onshore Gas Opposition Decision
Energy users expressed disappointment at today’s calls for an extension on the moratorium on gas exploration in Victoria until 2020 by the Victorian Opposition. ‘Today’s announcement indicates a distinct lack of concern for what this means to both retaining existing Victorian jobs, as well as the impediment it creates to future job growth,’ said Brian […]
EUAA welcomes new Turnbull Ministry
The Energy Users Association of Australia (EUAA) welcomes the new Ministry for the 21st century announced by Prime Minister Turnbull. ‘The EUAA looks forward to working constructively with the new Ministry, especially in the exciting and complex area of energy supply and energy policy,’ said EUAA Chairman Brian Green. The EUAA congratulates the Hon Josh […]
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 […]