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Neoen and Smartestenergy Forge Major Power Purchase Agreement to Advance Renewable Energy in Australia
SmartestEnergy will source 50% of the energy from Neoen's Culcairn Solar Farm in NSW. With a capacity of 440 MWp and set to be operational in 2026, the project will significantly boost the region's clean energy supply. This agreement highlights both companies' commitment to advancing Australia’s renewable energy transition while supporting SmartestEnergy's commercial and industrial customers.
Environmental Certificates: How They Impact Your Energy Costs and Support Australia's Renewable Future
Your electricity bill is more than a cost—it's a step toward a greener Australia. For businesses, understanding environmental charges supports sustainability and cost management. These charges, linked to Federal and State schemes, reduce emissions and drive renewable energy. But what do they mean for your business?
Energy Market Update: Navigating the Winter Energy Shift
Discover how cold winter weather and a sharp decline in wind generation drove up wholesale electricity prices in Q2 2024. Get the key insights from AEMO's latest report and learn how these changes could impact your energy strategy.
Celebrating Pride Month: The power of allyship
As pride month has come to an end, Claudia McIntosh, Diversity, Equity, and Inclusion Manager, reflects on the significance of allyship in the workplace to foster an open and inclusive working environment.
Optimising your solar returns: Navigating Feed-in Tariffs, energy market dynamics and other potential solutions
Maximise your solar investment by understanding feed-in tariffs (FiTs), avoiding common pitfalls, and leveraging energy market dynamics. Learn how solar generation impacts wholesale prices and discover how BESS and DR programs can enhance your returns. Right-size your system, store excess energy, and participate in energy market programs for maximum benefits.
Gas Market Conditions: Implications for Electricity Costs and Net Zero
The Australian Energy Market Operator's (AEMO) recent gas market outlook for Australia's east coast paints a concerning picture of potential supply shortfalls by 2028. Scott Easton, Pricing and Retail Trading Manager at SmartestEnergy Australia, outlines the implications of gas shortages, the government’s announcement of a "Future Gas Strategy" and the broader consequences for electricity costs, net zero and economic activity.
Enhancing Retailer Reliability: A Simplified Guide
The Australian Energy Market Commission (AEMC) recently released its final report on the Retailer Reliability Obligation (RRO) review, aiming to improve energy system reliability amidst the transition to Net Zero and increased renewable energy integration. The report includes twelve recommendations aimed at reducing regulatory burdens, cutting costs for consumers, and ensuring the energy system meets consumer demands reliably.
Empowering Consumers: Draft Electricity and Retail Rules Unveiled to Optimise CER Assets
Stay ahead of the curve with the latest developments in energy regulations: The Australian Energy Market Commission (AEMC) has released a draft determination proposing enhanced electricity and retail rules to amplify the potential of Consumer Energy Resources (CERs). These changes are set to streamline the integration of rooftop solar, batteries, and electric vehicles into the power grid, fostering a more reliable and secure energy system.
Enhancing Retail Performance Reporting: What You Need to Know
The Australian Energy Regulator (AER) has recently unveiled its Draft updated Retail Performance Reporting Procedures and Guidelines. These guidelines outline changes affecting energy retailers, including the introduction of new indicators, refinement of existing metrics, and adjustments to data submission formats. Find out why these updates matter and how they could impact your operations.
SmartestEnergy secures second consecutive Climate Active carbon neutral certification
SmartestEnergy Australia proudly achieves its second consecutive Carbon Neutral certification, recognised by the Australian Government's Climate Active program. Join us as we delve into the journey with Kat Mitchell, Commercial Retail Manager, to uncover the meticulous process and the significance of this milestone in shaping a sustainable future.
SmartestEnergy and Metis Energy Seal Solar Energy Pact for Gunsynd Solar Farm in Queensland
We're delighted to confirm a long-term Power Purchase Agreement with Metis Energy. This partnership signifies a strategic collaboration aimed at bolstering Queensland's renewable energy infrastructure. The development of the Gunsynd Solar Farm is an important step towards supporting the state's transition to a sustainable energy future, while also contributing to local economic development.
Eraring Power Station Uncertainty Sparks Surge in Long-Term Energy Contracts
Amidst the looming uncertainty over Eraring Power Station's future, businesses are swiftly securing longer-term, fixed-price electricity contracts to sidestep potential price spikes reminiscent of the Liddell closure aftermath. SmartestEnergy emerges as a beacon of stability, offering innovative, up-to-10-year energy contracts that blend renewable energy solutions with the security of fixed rates.
Changes to Climate-Related Financial Reporting for Australian Organisations
The Treasury has released its final exposure draft legislation on compulsory climate-related financial reporting obligations for major companies and financial entities. The main recommendations include the mandatory inclusion of a Sustainability report alongside Annual report for group 1 entities with new estimation methodologies and frameworks.
National Energy Regulator Aligns with National Energy Objectives
Discover how the AEMC's latest electricity and retail rules, in effect since February 1st, 2024, redefine energy decision-making. With a focus on transparency and emissions reduction, these rules streamline processes for the AER, shaping a future where energy aligns with national objectives.
SmartestEnergy and ACEN Sign PPA for New England Solar Project
SmartestEnergy will purchase renewable energy from the 400MW Stage 1 New England Solar project, located near Uralla, New South Wales. New England Solar is ACEN Australia’s first operational project and the 400MW first stage has been built with the support of host landholders, First Nations people, and the Uralla community.
Australian Energy Regulator releases advice on National Energy Customer Framework
Explore how the Australian Energy Regulator (AER) is dedicated to creating a safer and more consumer-focused landscape in evolving energy markets by offering advice on how to update the National Energy Customer Framework (NECF).