| ERISK |
| ERISK |
(proof version) Water limits were set for critical industrial users in 2008/09, as water borrowed for last year had to be paid back.
(Full Article)Nextgen reported in the Queensland GEC market one midweek trade took place in the Cal 08s at $10.75 in 25K. Erisk notes that this appears to relate to an oversupply caused by new coal seam methane.
(Full Article)After years of equating demand growth with economic prosperity and more cash flow for the State budget, NSW planners now aimed to cut demand NSW demand cuts have failed for many years, as a demand-cuts, bring revenue-cuts. But a new mood was afoot, suggesting plans for NSW State electriicity firms to earn carbon credits from demand side action. The 2008 NSW planning document introduced a new evangelical tone to Transgrid's plans for demand side. NSW peak summer demand up about 310 MW per annum and peak winter average 280 MW a year over past decade: new policy aims to cut demand
(Full Article)NEMMCO explained its Notice of First Stage of Rules Consultation - Reallocation Procedure for Swap and Option Offset Reallocation. Submissions were wanted by 5:00pm on 27 August 2008. A reallocation transaction was;
(Full Article)A combined renewable incentives scheme was being developed by the Ministerial Council on Energy (MCE) and will be announced in December 2008. Australian State governments renewable schemes - VRET, NRET, SARET, similar to the mandatory renewable energy scheme - MRET. All required retailers to acquire renewable energy certificates to cover a proportion of their sales - were expected to be absorbed into MRET.
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