Australian Energy Market Commission (AEMC)’s Post

The latest analysis on electrification: A path to lower household energy costs 👇 Recent research by the AEMC shows how Australian households could save nearly $1,000 on energy annually — with individual savings of up to 70% — by embracing electrification. Key enablers? Smart investments, renewable integration, and equitable access to clean tech, like EVs and rooftop solar.

The government is considering location-based energy pricing, a system in which the cost of energy will depend on your distance from a distribution centre. Industrial businesses have argued against this as it will severely impact their energy contracts. Read more to find out how this could affect your business. #highenergyprices #energycosts #locationpricing #governmentpolicy #industrialbusinesses #energydistribution #energypricing #energydebate #costofenergy #energymanagement https://lnkd.in/eFzwqjiF

How businesses can prepare for winter energy prices this year: ❄ Understand market trends ❄ Assess Your Energy Usage ❄ Explore energy procurement strategies ❄ Invest in energy efficiency ❄ Prepare for regulatory changes Read more below! #WinterEnergyPreparation #MarketTrends #EnergyUsageAssessment #EnergyProcurement #EnergyEfficiencyInvestment #RegulatoryChanges #BusinessStrategy #WinterEnergySavings #EnergyMarketInsights #BusinessEnergyPlanning https://lnkd.in/eE4D3jt7

Battery Energy Storage Systems (BESS) have the potential to revolutionise South Africa’s energy landscape by addressing load shedding, optimising energy use, and enhancing renewable energy integration. By storing inexpensive, off-peak power and selling it during peak times, BESS enables energy arbitrage—an essential strategy for economic efficiency and a cleaner, more stable energy grid. Arbitrage involves buying electricity at lower prices and selling it when prices are higher, thus capitalising on price fluctuations for financial and grid stability benefits. This method not only generates revenue for operators but also supports grid balance by storing excess renewable energy during periods of low demand and discharging it when demand is high. It helps reduce reliance on peaking power plants, smooth out price volatility, and lower carbon emissions by displacing fossil fuels. Understanding the benefits of arbitrage for individual businesses and regions, and refining regulations, will be crucial for optimising BESS performance and supporting the transition to a low-carbon energy system. #EnergyStorage #RenewableEnergy #Sustainability #BESS #EnergyArbitrage Read more… https://lnkd.in/dUqZmAY7

24/7 carbon-free energy (CFE) matching is a transformative approach to energy procurement 🕓 ⚡ The United Nations's 24/7 Carbon-Free Energy Compact defines it as meeting every kilowatt-hour of a company’s electricity consumption with carbon-free electricity sources, every hour of every day, everywhere. In other words, 24/7 CFE, or hourly matching, is the end state of a fully decarbonised electricity system. But what are the key players within the growing ecosystem of #247CFE? What practical steps buyers and suppliers can undertake to achieve hourly matching? We have addressed these questions in a new study with EY (available here https://lnkd.in/dxCcCDZB), learn more about it in this article 👇 https://lnkd.in/eAMWzWFa

After successfully introducing our business energy management services to Radius customers in Ireland over the past 18 months, we are thrilled to announce that we are expanding into Great Britain. Radius Energy offers a comprehensive suite of energy management services designed to reduce energy costs and consumption. This launch will provide our customers in Britain with a number of valuable services including contract procurement and management, metering and monitoring solutions, energy audits, and renewable energy tariffs. Malcolm Emery, Managing Director for Radius Energy commented: "The volatility of the energy market over the past few years has meant that many businesses have been experiencing high energy prices. With our entry into the British market, we’re confident that we can source our customers the best deals and decrease energy consumption. Additionally, with the current focus on reducing carbon emissions and achieving Net Zero goals, our experienced team can support businesses in meeting their ESG goals through 100% renewable energy tariffs." Find out more about our business energy services: https://lnkd.in/e6uyVme4 Ben Thompson Andrew Weston #BusinessEnergy #BusinessElectric #GreenElectricity #ProductLaunch

The UK government's proposal to introduce zonal pricing in the energy market, where consumers pay based on their proximity to energy projects, has sparked concern that such changes could harm the UK's industrial sector and deter investments in low-carbon energy. The proposal aims to make the energy system more efficient by reducing the need for costly transmission lines, potentially lowering overall bills. However, it could lead to higher costs for factories and energy-intensive industries located far from power sources, and decrease earnings for remote renewable energy projects like wind and solar farms. Critics argue that zonal pricing could create volatility, increase capital costs for clean energy developers, and ultimately undermine investment in renewable energy. Proponents argue that it has successfully reduced costs and attracted renewable energy investments in other countries. The UK government is reviewing responses to the consultation and emphasizes that any reforms will focus on protecting consumers and encouraging investment. The outcome will play a crucial role in the UK's strategy for sustainable growth and reaching net-zero targets.

Large deals afoot in the Energy Sector... The largest PPA (Power Purchase Agreement) made by the UK's largest Solar Farm to support Anglian Water Services in a brilliant deal to drive efficiencies in a bid to become carbon neutral? I do hope this net saving allows you to re-invest in cleaning up the water that is distributed moving forward? https://lnkd.in/e-8B9NQX

The UK's battery energy storage project pipeline reaches a staggering 95.6GW - a remarkable 67.4% increase (38.5GW) from 57.1GW the previous year, according to the latest report from RenewableUK. This substantial growth marks the second consecutive year the pipeline has experienced such significant expansion. The total includes a range of battery projects at various stages, from operational to those being planned. This data underscores the increasing momentum and interest in battery storage within the energy sector, showcasing the industry's commitment to embracing innovative technologies and sustainable solutions. Alongside the UK, Ireland's Integrated Single Electricity Market (I-SEM), the wholesale electricity market for Ireland and Northern Ireland, has strong revenue potential with the extension of lucrative DS3 tariffs. It also makes it an attractive market for investors. Edina is an engineering, procurement, and construction (EPC) contractor for advanced tier 1 battery and inverter technologies to provide an industry-leading battery energy storage solution that is scalable and delivers guaranteed performance. Are you ready to deploy battery energy storage? Discover our capabilities now using the link in the comments. #BatteryEnergyStorage #BESS #BESSPipeline #EPC #LeadingTheWay #EnergyTransition https://lnkd.in/ejH98xjB

As electricity costs rise and grid stability becomes more challenging, businesses and municipalities are turning to Battery Energy Storage Systems (BESS) as a smart solution. Energy arbitrage—storing electricity during low-cost, off-peak hours and using or selling it during high-cost peak periods—is a powerful strategy.    Businesses can better manage energy expenses and improve grid reliability by focusing on costs, battery life, and time-of-use tariffs. With the right approach, BESS offers strong savings and a solid return on investment, making it a vital tool in South Africa’s evolving energy landscape.    SustainPower - Sustainable Power Generation (Pty) Ltd offers tailored BESS solutions to help you maximise your investment. Read more… https://lnkd.in/dGx4SUuj   #EnergyStorage #RenewableEnergy #BESS #EnergyArbitrage #GridStability #Sustainability #SouthAfrica #BusinessSolutions #SustainPower