Benchmark power prices across parts of the country will ease as renewables reduce wholesale costs for electricity, but the regulator warns its modelling does not account for the war in the Middle East.
Trump's missiles don't just rattle oil markets; you'll feel it in your bills
Australia is a gas "superpower", but its citizens continue to pay the price through their electricity bills for the country failing to protect them from the fallout as the Middle East unravels again.
'Fill up your car' before petrol price spikes, analyst says
Global financial markets expect a damaging spike in the oil price tomorrow, with a critical shipping route for the Middle East's biggest producers now a war zone.
Daytime power prices have never been lower. So why are bills rising?
The benefits of extremely low energy prices during the day are "washed away" by extremely high ones after dark. But there is light at the end of the tunnel.
How Iranians' economic struggles left the regime unstuck
Decades of economic mismanagement and government corruption have widened wealth gaps in Iran, leaving ordinary Iranians calling for a revolution.
Electricity price blowout between city and country a 'dire situation'
Regional ratepayers are shouldering higher energy bills than their city counterparts, and their councils have had enough.
Australia may just be one step ahead in the global race to rewire the world
Countries across the globe are racing to rewire their electricity systems for a decarbonised future. In Australia, delays are mounting, along with doubts about whether it can meet goals on schedule.
Who should we blame for power price hikes?
A decade and a half after an energy company CEO outlined his greatest fears for Australia's economic future — no carbon price — the nation again appears set for a renewed battle over climate policy and power generation.
Free power as wind farms grind to a halt. What’s happening?
Mountains of clean power are regularly "wasted" as Australia's energy system evolves. But a large amount of battery storage is waiting in the wings, ready to soak it up.
'Extension cord to nowhere' looms large as Australia’s energy transition evolves
Touted as a model for the energy transition, a "quick and easy" high-voltage powerline project linking South Australia directly to New South Wales is running dramatically over time and over budget.
BlueScope Steel chief issues dire warning for manufacturing
A future made in Australia? Not if gas prices keep rising, major manufacturers warn as they call for urgent action to secure affordable supply.
O'Brien 'supremely confident' Liberal nuclear policy has a future
As the federal Coalition looks to resurrect a nuclear policy, an energy analyst and a workers' union fear the impacts of parliament's inability to agree on Australia's energy future.
Coal power plant revelation undercuts WA plan to phase out coal
Efforts by WA's government to force the premature closure of a privately owned coal plant appear to be unravelling after the market operator backed the power station to keep running towards the end of the decade.
‘Betrayal’: Custodian threatens legal action over Woodside gas approval
Environment Minister Murray Watt approved the extension of Australia's biggest gas project last week.
Calls for electricity overhaul amid power price spikes, lack of investment
Consumer advocates are calling for an overhaul of the market mechanism that allows wholesale power prices in Australia’s biggest grid to soar to the highest levels in the world.
Secured financing locks Marinus Link in, with contractors given go ahead
The $5 billion Marinus Link undersea power cable project to connect Tasmania and Victoria passes two major milestones, with financing locked in and suppliers ordered start production on key components.
Energy giant admits misleading customer about power prices
The South Australian government informed the ACCC after global energy giant ENGIE admitted to incorrectly telling a customer that power prices are set by the government.
Customer slapped with $1,200 energy bill for one month wants better protection
A South Australian ENGIE customer says he was slapped with a $1,200 electricity bill for a single month last year. It follows the company issuing price "corrections" to 3,000 South Australian ENGIE customers.
Energy giant defends rate, then admits it's 'erroneous and in need of correction'
Peter Doyle was outraged at the price rise his electricity provider was offering — and began asking questions. Now, that provider, ENGIE, has agreed to issue backdated price reductions to up to 3,000 South Australian customers.
ACCC investigates energy retailers over misleading savings claims
The investigation comes as CHOICE filed its first 'super complaint' to the ACCC in May, flagging concerns that energy retailers use words like 'saver' for plans that are far from the cheapest.
Residents hit with 'poorly planned' gas shutdown ask for compensation
A business owner who spent $40,000 connecting to natural gas last year now faces a $20,000 bill to convert to electric, before Solstice Energy shuts the gas network in his town.