Energy Transition

$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…

FCAS goes from fast to very fast

Just under 3 weeks ago (on 22nd April 2021) the AEMC published a draft determination that would establish ‘Fast Frequency Response’ as an additional (i.e. 9th and 10th) FCAS service in the NEM. We take a brief look.