The Urban Transport Group has released a report focusing on the connections between transport, energy and the built environment at the city-region level.
This week’s Chart of the Week highlights the importance of cities in their contributions to CO2 emissions as well as their enhanced ability to achieve emissions reduction through innovative projects, initiatives and policies.
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Power and gas networks
Australia’s gas markets are in the middle of an unprecedented price spike. Current prices in the Victorian Declared Wholesale Gas Market (DWGM) have been tracking in the $20-40/GJ range since early May 2022, with prices hitting $50/GJ on 30 May. Prices in the other gas hubs of Sydney and Brisbane...
Commercial and market outlook
SA’s reliance on wind is getting to a point where there is not much to do except importing from VIC and generating with expensive fuel, such as diesel, when wind speed is not at its best shape. In this Chart of the week, we take a closer look at South...
Low carbon generation
AEMO’s goal of handling 100% instantaneous renewable penetration by 2025 is a significant challenge and fitting, given the pace the NEM is moving to support increasingly higher levels of instantaneous (and increasingly asynchronous) renewables regularly. While this challenge may not be as pressing for all NEM regions, the need to...
Commercial and market outlook
Is there a correct way to be one step ahead of your competitors? Do you want to be able to know the price before settlement accurately? The P5 Reports supposedly provide this… or do they? Many participants use this data to determine optimal outcomes for their fleets. Still, there is...
Energy storage and flexibility
As the NEM continues to transition towards increased penetration of variable renewable energy (VRE), the use of the word ‘curtailment’ has also increased. While curtailments have historically been a natural part of market outcomes (i.e. generators withholding capacity at higher price points), the increased prevalence of curtailment of VRE is...
Power and gas networks
It is certainly not a standard summer season for gas prices. Normally with demand for gas typically lower, we should see prices at the lowest levels of the calendar year. However, Summer 2021 gas prices are currently seeing bullish momentum with price points that we would expect to see in winter. In this ‘Chart of...
Low carbon generation
Last week, the Australian Energy Market Operator (AEMO) released its ‘Quarterly Energy Dynamics’ (QED) report for Q4 2020. The report highlighted that operational demand has fallen to its lowest quarterly level since 2001; largely driven by mild weather and strong uptake of rooftop solar. Coupled with record high wind and...
Home supply and services
The full impact of the COVID-19 pandemic on the smart meter rollout is uncertain, although modelling from BEIS and Ofgem has provided early indications of future installation levels. In this week’s Chart of the week we compare these assessments against pre-pandemic expectations. With the introduction of social distancing and lockdown...
