Articles on Energy prices

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One big mess: the market has failed to deliver on cheap, reliable energy. Shutterstock

The day Australia was put on blackout alert

The energy market operator has released a report on the state of Australia's electricity system. It couldn't be blunter if it tried: the market has failed.
Prime Minister Malcolm Turnbull and Minister for the Environment and Energy Josh Frydenberg speak with the media during a press conference following a meeting with energy company bosses at the Commonwealth Parliamentary Offices in Sydney. AAP Image/Dean Lewins

Turnbull is pursuing ‘energy certainty’ but what does that actually mean?

Energy certainty is unattainable, because of disruptive change and multiple agendas. But we can deliver affordable, reliable, clean energy services. Governments will have to adapt.
Solar panels are still a rarity in WA’s lower-income areas. Orderinchaos/Wikimedia Commons

WA bathes in sunshine but the poorest households lack solar panels – that needs to change

Western Australia has huge amounts of sunshine and wind, yet only 7% of its energy comes from renewables. What's more, most households in the poorest suburbs are still locked out of the solar panel boom.
The controversial Narrabri coal seam gas project. Australia has plenty of gas reserves that are cheaper to develop and a safer bet. AAP Image/Dean Lewins

Memo to COAG: Australia is already awash with gas

Australia has enough gas reserves to supply the next 25 years' demand. Federal pressure to lift state bans on onshore gas development is pointless, risky – and won't bring prices down.
Australia’s power policies still aren’t heading in quite the right direction. AAP Image/Mick Tsikas

Australia’s energy sector is in critical need of reform

Australia's energy policy has lost its way over the past couple of decades, which is unfortunate because the challenges – to move to a low-carbon economy without high prices – have never been tougher.
OPEC can’t stop the flow. Isaac Urrutia/Reuters

Is OPEC’s oil era over?

OPEC has been declared dead in recent months as the group of oil-exporters has been unable to agree on a plan to stabilize the market. But was it really ever alive in the first place?
Brisbane’s annual City of Lights show, which is sponsored by an oil and gas company. Flickr/Wei Lun Koh (some rights reserved)

When will Australians finally stop wasting our energy?

From flicking on a light to travelling around town, our lives are utterly dependent on energy. That’s why it’s so surprising that Australia has been so bad at thinking about our country’s future energy…
Restructuring the market is harder than it looks. David Cheskin/PA

Ofgem faces select committee, but market reform still lags

With high energy prices all anyone can talk about this winter, Ofgem‘s interim chief Andrew Wright appeared before MPs today to defend the regulator’s performance. Predictably, he was met with some hostile…
Would you buy a used energy market from these people? PA

Three visions for reforming the electricity market

The impending third reading of the Energy Bill in the UK’s House of Lords marks the final stage of a long and intensive review process for legislation designed to overhaul the UK’s energy market. The question…
It can be tough to get a clear picture of the energy market. Rui Vieira/PA

To understand energy prices we must look at the global picture

The recent round of impending energy price rises by the UK’s “Big Six” energy suppliers has predictably caused widespread uproar and frustration. Accusations are flying around with government, opposition…

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