All electricity sales are traded through the National Energy Market (NEM). It is a wholesale market and prices fluctuate in response to supply and demand at any point in time.
podcast, Wholesale Electricity Market, consumers, national electricity market, energy explainedAEMO has teamed up with ARENA in a trial to provide emergency energy reserves for extreme peaks.
peak demand, ARENA, South Australia, Victoria, New South Wales, media release, news, partners, trialAEMO and ARENA have joined forces to pilot a demand response program to manage extreme peaks in the summer of 2017/18.
ARENA, national electricity market, peak demand, media release, news, partners, trial, programWith consecutive days of high temperatures forecast throughout Victoria, South Australia and New South Wales this week, we break down how electricity reserve levels and notices work during heat events.
weather, summer, electricity, national electricity market, peak demand, consumers, energy explainedFor most of Australia’s history, electricity has come from big power sources. Up until around a decade ago, a power station was typically a huge coal-fired steam turbine plant that took many hours to turn on or off. And until very recently, we had almost no way to store most of this power.
electricity, battery, solar, technology, energy explainedLike many other power systems around the world, Australia’s electricity industry is rapidly transforming. This is being driven by a transition to low emissions generation, the rise of rooftop solar and large scale wind generation. New technologies and changing human behaviour are also having a significant influence on this change. Click on this short video to understand how it all works!
energy security, emissions, video, electricity, generation, technology, consumers, battery, energy explainedAustralia’s power system is in the midst of significant transformation. Not sure what we mean? Well check out our animation that visually explains the change in generation within the National Electricity Market (NEM) since it was established in late 1998!
electricity, gas, battery, hydro, wind, solar, renewables, generation, consumers, video, emissions, energy explainedLEGO is especially popular at this time of year, they make iconic toys and even movies, but it’s their commitment to renewable energy and sustainability programs that makes them a global leader.
International, consumers, emissions, innovation and technology, renewables, wind, technologyWe are currently experiencing a comprehensive shift in how we source, use and store energy. But this dynamic age owes a debt to 19th century Australian innovators like Henry Sutton, who helped develop the world’s first storage battery.
electricity, battery, innovation and technology, people stories, renewablesWith the Formula 1 (F1) Grand Prix season revving up for the first race of the season in Melbourne this Sunday, we look at the energy efficiency of the modern F1 car and the possibility of an electric future for the sport.
Victoria, battery, electricity, emissions, innovation and technology, technology