Edge2020

All Energy Australia wrapped up at the Melbourne Convention and Exhibition Centre, attracting thousands within the energy sector. Over the past few days, the conference discussed emerging trends, innovations, and challenges in renewable energy through presentations, panel discussions, and workshops. The event featured in-depth discussions on the industry’s biggest challenges and the solutions which are being applied to address them. Several informative and engaging panel discussions provided valuable insights into the future ahead. #AllEnergyAU

Over the past 6 years, electricity options trading volume has surged driven by speculative trading firms capitalising on increased market volatility. Companies are also hedging downside risk with Power Purchase Agreements increasingly underpinned by these products, marking a strategic shift in managing long-term contracts. Read more below. https://lnkd.in/gvZjdHjt #PPA #NEM

Are there seasonal trends in the lower FCAS market? This article explores trends by states in the NEM, identifying potential patterns and insights. Check out the link below for a detailed analysis. https://lnkd.in/g2TDSxDD #FCAS #NEM

This year, Queensland's energy grid has seen remarkable extremes in terms of operational demand. In January, we hit a record peak demand of over 11GW, while August brought the lowest demand in 24 years, falling to 2,975MW, driven by increased rooftop solar. These fluctuations highlight the challenges of integrating renewables and the need for improved grid infrastructure and storage. Read the full article for more insights. https://lnkd.in/gRBjxC-7 #EnergyTransition #RenewableEnergy #RooftopSolar #EnergyDemand

The Australian carbon credit system is transforming🌱, introducing new methods and tighter regulations that affect the ACCU market. 🔄With the recent shift from the Integrated Farm and Land Management (IFLM) to the more stringent Landscape Restoration Method (LRM), what does this mean for the ACCU market and the future of environmental sustainability in Australia? 🔍 Find in our article the forces at play in the carbon credit market and what lies ahead as Australia moves towards its emission reduction targets. #CarbonCredits #Netzero #ClimateAction #ESG #CarbonMarkets

Eraring, forecasted to close in August 2025, has highlighted its necessity to stay online by playing a vital role in the NSW grid. Amidst high demand and grid pressures in NSW, the power plant showcased its crucial role by supplying up to 16.5% of state power in February, but debates over its 2025 closure are heating up 🔥. Negotiations between Origin Energy and the state government about keeping it on have dragged on for about six months, and they continue as challenges such as ash storage and no long-term coal contracts post-closure could impact future costs and the transition to clean energy 🌱. Find all the information in Edge2020 article below! #EnergyNews #CleanEnergy #EnergyMarkets #AustralianEnergy #RenewableTransition

🔍 Edge2020's Energy Manager, Adam Strohfeldt, presents an insightful look at the hurdles Snowy 2.0 has encountered. From unexpected setbacks, such as the tunnel boring machine, Florence, facing difficulties, to budget projections soaring beyond initial estimates, Snowy 2.0's journey has been anything but smooth. However, the resilience and innovative strategies employed are steering this pivotal project back on course towards its December 2028 completion goal. 💡 🌱 Snowy 2.0 stands as a cornerstone for Australia's energy transition, promising to bolster our renewable energy capacity and facilitate the phase-out of coal units. This 2.2GW system, with a whopping storage capacity of 350,000MWh, is set to revolutionise how we store and utilise renewable energy, ensuring reliability even during solar and wind shortfalls. 🌞💨 #EnergySector #Snowy2Update #EnergyNews #Sustainability #EnergyTransformation

After last week's news on the further analysis of the explosion in 2021 at Callide C4, AER has taken legal action against Callide Power Trading for NER violations, the impact on Queensland's power supply, and the ongoing challenges in Australia's energy market ⚖️ Learn about the implications for power system security ⚡, consumer power supply 💡, wholesale energy prices 🏷️, and the industry's efforts to manage spot prices 📉 and ensure reliability in our article. #PowerGeneration #PowerPlants #Callide #C4 #EnergyNews #EnergyMarkets

Australia's emerging renewable energy dynamics are changing with the introduction of Below Baseline REGOs, set to diversify the market from 2025. Complementing LGCs, REGOs will recognise untapped generation sources and generations outside Australia. 🌏 With voluntary surrenders increasing, REGO came to reduce the pressure in the market. 📉 However, there's a bit of uncertainty ahead. The process for tracking when these REGOs are generated—specifically once they hit the 1MWh mark—is still a new frontier. With more small-scale units than large-scale solar facilities, the cost and oversight required could add cost to the certificate. 🤔📊 Adam Strohfeldt, our Energy Manager, share some of this insight in this latest article! Find it here 💡 #Sustainability #RenewableEnergy #EnergyPolicy #CleanEnergy #Offshoreenergy #Energynews

With world leaders 🌍, financiers, and global executives in attendance, the forum emphasised the urgency to address economic growth, inflation, and the impact of upcoming elections in various regions. The burning question is: Can these influential participants drive meaningful change 🔄 and provide real solutions to current global challenges ❓ Discover more in our article 📰 #Davos #netzero #decarbonization #climateaction #WEF