Qld electricity prices raise questions
There are calls for an inquiry into Queensland's wholesale electricity prices, which are the highest in the nation and regularly hit record levels.
There are calls for an inquiry into Queensland's wholesale electricity prices, which are the highest in the nation and regularly hit record levels.
Queenslanders have avoided power outages as the federal energy regulator takes control of the wholesale national supply market.
A blackouts warning in Victoria has been cancelled after the national energy market operator earlier forecast an impending shortfall in reserve power.
The Australian Energy Market Operator has issued an alert warning for possible blackouts in Queensland, saying demand for electricity may exceed supply.
A major power crisis along the east coast has been avoided with the intervention of the regulator and cooperation of industry, Energy Minister Chris Bowen says.
The Australian Energy Market Operator is likely to again have to order Queensland electricity generators to fire up their plants to avoid blackouts.
The Queensland government will spend $35 million on a study for a pumped hydro project that could store up to seven gigawatts of electricity.
Queensland Energy Minister Mick de Brenni says all options are on the table to deal with soaring electricity and surging prices, except nuclear power.
The Queensland opposition is calling on the state government to intervene in the electricity market to lower wholesale prices, and household and business bills.
The Queensland government has denied its two state-owned electricity generators are price gouging, saying bids on the market are merely covering costs.
The Queensland government can intervene to shield households and businesses from bill shock and ensure small electricity retailers stay afloat, an analyst says.
Electricity bills will rise across Queensland with analysts saying residents are being punished for the state's slow transition to renewables.
Queensland households will receive a rebate on their power bills as the premier admits surging electricity costs are forcing people to make "difficult choices".
Households and businesses are set to pay more for their electricity, but the energy market regulator is urging people to shop around for the best deal.
The Queensland government will offer $175 power bill rebates after the regulator forecast a jump of more than 11 per cent in electricity prices.
Queensland Energy Minister Mick de Brenni says the government has no plans to close any of the state's eight coal-fired power stations.
Activists say Queensland would fail to achieve net zero by 2050 if all proposed coal projects were approved, unless other businesses picked up the slack.
A Senate inquiry has heard the cattle industry and traditional owners cannot co-exist with gas fracking companies in the Northern Territory's Beetaloo Basin.