On Thursday 30th July 2021 Origin Energy announced a large impairment on several different types of assets – its own generation portfolio, renewable PPAs, and gas purchase contracts. However the focus in the media sometimes did not include all three…
Adam Clarke from The City of Newcastle local government publishes this detailed look at what operating on a 100% renewable electricity contract looks like in practice, a year on.
Today AGL Energy announces a big impairment … with a big chunk related to long-term wind offtake agreements which AGL entered into between 2006 and 2012.
This is the fourth of a short series of video snippets extracted from the 17th September 2020 presentation by Marcelle Gannon and Jonathon Dyson for the Clean Energy Council entitled ‘Maximising Profitability in the NEM’ for Wind Farms.
A couple glimmers of hope spotted recently, that there might be some (belated) awareness that the current methods of support for ‘anytime/anywhere energy’ are not scalable, or sustainable.
Last week saw more in a growing series of exits, and asset write-downs, amongst new entrants in the supply of renewable energy within the NEM. Today on WattClarity I ponder whether we have been setting them up to fail due to the nature of support provided to these new entrants. What is your perspective?