Our colleagues over in New Zealand recently helped their most iconic sporting facility, Eden Park, score a better deal.
Eden Park is a big energy consumer, with catering companies and sports associations among the tenants it serves. And that’s before you even factor in the cost of switching on those massive floodlights.
Last month we showed some analysis that indicated that the impact of Covid-19 on electricity demand in Australia was not as great as many other countries. Demand was down by 3% across Australia but factors such as the weather and increased roof-top solar may have been greater contributors to this change than the lockdown brought on by Governments reaction to the virus.
As lock-downs have been put in place around the world due to COVID-19, many countries have experienced reductions in their electricity demand. The following graph was widely published showing typical drops in consumption
With many of my clients being approached about signing up to Renewable Power Purchase Agreements, I thought it would be timely to discuss one of the less talked about risks associated with a Wholesale PPA – the relationship of wholesale prices with output from the project.
Our GM of Australia, Rod Boyte, gives a stern warning about the demise of the NEM.
Even before the National Energy Guarantee (NEG) gets signed off we are already seeing debate around whether a higher emissions target will increase the price of power or not. Some are saying that the price of power would be lower with a higher emissions target. It is difficult to see the logic in their argument.
Last week our Australian GM, Rod Boyte, presented to an audience of Directors and senior managers of Victorian Water Corporations on the increasing importance of energy due to sweeping environmental, social, and business trends, including:
Most of the electricity debate in recent times has been about security of supply; will the power be available when you want to switch on your air conditioning during a 40 degree day this summer, and subsequent summers? While it’s a good conversation to have
Today we are transitioning to a renewable tomorrow. Renewables, largely being wind and solar, generate when nature provides the source of the power, not when people want it to be there. So unless we have storage (and lots of it) we will not have the power available
Smart Power attended this highly informative seminar last night sponsored by the Melbourne Energy Institute and The Grattan Institute.
Dr Alan Finkel provided an overview of the Review while Audrey Zibelman
