News Archive

Market Updates Q4 19

Jan 17, 2020

Cal19 ended on a positive note with significant price declines in November and December. Outages have been resolved, the fuel prices have decreased and weather in Victoria has been favourable. Nonetheless, the continuous drought and above-average...
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IMPORTANT UPDATES TO YOUR ELECTRICITY ACCOUNT

Dec 01, 2019

As a valued Energy Intelligence customer, we would like to inform you of important changes to your network tariff that will come into effective 1 January 2020. Network Tariffs increase for VICTORIA The Australian Energy Regulator approved...
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Market Update Q3 19

Oct 18, 2019

Cal-20 and Cal-21 prices continued steadily on their upward trajectory during Q3-2019, while Cal-22 prices remained flat. The Basslink outage, extended Loy Yang A2 and Mortlake 2 outages pose a significant market risk. The continuous...
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IMPORTANT UPDATES TO YOUR ENERGY ACCOUNT

Jul 31, 2019

As a valued Energy Intelligence customer, we would like to inform you of important changes in Regulatory Charges that will come effective from 1 July 2019. GST rates are now displayed on our energy invoice in Victoria As part of...
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Market Update Q2 19

Jul 19, 2019

Q2-2019 has not been as eventful as Q1-2019, despite that, the wholesale electricity prices remained elevated. Prices were expected to decrease during autumn, however as a result of persisting negative market conditions wholesale electricity...
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Market Update Q1 19

May 20, 2019

The first quarter of 2019 has been very eventful in terms of energy. High demand conditions coupled with high fuel prices and low rain fall resulted in in high wholesale and record high Spot prices across the NEM. We expect the electricity prices...
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Victorian electricity market - is the worst behind us?

Mar 08, 2019

For all who believed the worst was behind us, the start of Autumn was a chill reminder of how fragile the Victorian electricity market is. With temperatures rising as much as 38 degrees Celsius on the 1 st of March, the spot market went on a...
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With great heat, comes great power bill

Feb 05, 2019

Since the closure of Hazelwood Power Station in Victoria, coal-fired and gas generators have been forced to increase their output to ensure the grid’s stability. The high natural gas prices along with high black coal prices are the main causes...
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Wild heatwaves causing Power Outages

Jan 25, 2019

The Victorian heatwaves are causing havoc as more surburbs are reporting power outages affecting over 150,000 customers.  If you are experiencing a power outage to your building or apartment, visit your distributors’ website for...
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Market Update Q4 18

Jan 14, 2019

The end of 2018 was marked by volatility and high wholesale electricity prices. We expect the prices to remain elevated and volatility to continue over the coming quarter as the negative market conditions persist. A mix of power outages,...
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