The forgotten market and its critical role in Australia’s transition to clean energy
Anita, Lachlan, and Gilles from ERM Energetics share their thoughts on how financial electricity derivatives must evolve as the energy transition speeds up.
Renewable PPA
$1.5b write-down in value of assets at Origin Energy
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…
100% Renewables – A year in practice
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.
AGL Energy announces $2.6b impairment … of which $1.9b for legacy wind farm off-take agreements
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.
PPAs aren’t as easy as they used to be!
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.
Some are waking up to the shortcomings of current methods of support for ‘Anytime/Anywhere Energy’
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.
We’ve been killing New Entrants with kindness?
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?