Apr-22 Energy Market News

The Australian east coast energy market has reached an important juncture as the market grapples with the renewable transition and absorbs the global impact of rising energy prices. Origin Energy's CEO Frank Calibri prediction that, “It's going to get messy”, has arrived.

The month of March has been another significant month as Australia has not been immune from the global upward energy price pressures, by experiencing an unparalleled surge in energy costs for the forthcoming Australian winter, which has flowed through to forward prices for the next few years.

This month is dominated by news relating to the fast tracking transition Australia is facing to renewables. Consequently, the dominant sections are Renewables, Hydrogen and Storage.