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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).
Navigating the Greenwashing Frontier: 8 Key Principles for Genuine Environmental Claims
Discover ACCC's essential guidelines for safeguarding your business reputation and avoiding greenwashing fines. Learn how to steer clear of misleading conduct, effectively showcase emission reductions, and reap the benefits of authentic environmental efforts.
Victoria hit by major power outage: Transmission failures and soaring spot prices
Last week saw a multi-contingency power outage involving Loy Yang A power station and two major transmission lines between Moorabool and Sydenham in Victoria. A major system event occurred just after 1 pm on Tuesday the 13th of February, resulting in multiple trips on the generation and transmission systems, which also forced over 1,000 MW of customer load to be disconnected from the power system.
Download now: SmartestEnergy Annual Report 2023
In a year defined by energy challenges, SmartestEnergy stood resilient, driving the transition to reliable and sustainable power solutions. Explore our journey through the Annual Report 2023, capturing milestones, achievements, and our unwavering commitment to empowering you with renewable energy knowledge.
SmartestEnergy and Enel Green Power Australia Enter Long-Term PPA for Girgarre Solar Farm
SmartestEnergy Australia will source renewable energy from the 93 MW Girgarre Solar Farm to make it available to commercial and industrial businesses nationwide. The Girgarre Solar Farm, in the Shire of Campaspe, approximately 10 km northwest of Stanhope and 50 km west of Shepparton, will produce around 200 GWh/year, powering approximately 43,000 Victorian households once fully operational.
ACCC draft guidance aims to end greenwashing and empower consumers
ACCC's recent greenwashing internet sweep exposed 57% of businesses for potentially misleading environmental claims. This harms consumer trust and disadvantages genuinely sustainable businesses. To address this, the ACCC has just released draft guidance, offering eight practical principles to bolster the credibility of environmental claims and shield consumers from deceptive practices.
Understanding AEMO’s budget and fees for 2023-24
A look at the AEMO final budget and fees for 2023-24, and what this means for businesses