“Australia is staring down the barrel of a horrific summer season that will drag scorching temperatures and extreme conditions well into the new year.” Reported by Robyn Wuth on 23rd November https://www.news.com.au/technology/environment/bom-weather-map-paints-horrible-picture-of-upcoming-summer/news-story/8707802d6ef9f78a844517b66a4bf05c#.xc4w7 That right, forecasts are for a long, hot, dry Summer, with the “scorching temperatures and extreme conditions” will come an increased demand for electricity,… more
Electricity Market Update
Last month, The Australian Energy Market Operator took unprecedented action to constrain the allowable output from five large scale solar farms in VIC and NSW to half of their capacity due to concerns with “system strength” caused by voltage fluctuations impacting power system security. In further moves that many observers suspect as a strategy to push solar… more
Your Air Conditioning is inefficient!
As we head in to the warmer months, smart businesses looking for an energy saving solution are using the Building Tuner air conditioning module to achieve energy efficiency, an intelligent thermostat controller that improves the performance of air conditioning installations by optimising the compressor run time and reducing compressor cycling Each air conditioner unit has a maximum… more
Tendering VS Reverse Auction
Whilst NEGAWATT ENERGY SOLUTIONS is of the firm belief that a Reverse Auction will not deliver the most favourable outcome for customers, due to demand, we have made this procurement process available. In a Reverse Auction process, retailers commence submitting offers ABOVE their minimum sell price stipulated by their traders, reducing their offer if/when competing retailers submit… more
Case Study – Burpengary Tavern Energy Saving Solution
Burpengary Tavern is located north of Brisbane, it includes a Gaming Room, Bistro, Function Room and Drive Through Bottleshop. With electricity costs escalating in 2016, Negawatt Energy Solutions undertook an energy saving assessment and the Tavern owners considered the Building Tuner with some apprehensive anticipation. Negawatt Energy installed modules on 3 Packaged Air Condition Units, and 3… more
PRICE TRENDS IN THE DEREGULATED AUSTRALIAN ELECTRICITY MARKET
FACTORS INFLUENCING MARKET PRICES Since the withdrawal of the Hazelwood Power Station in Victoria in 2017, pricing has been extremely volatile and new contracts are predominantly delivering a decrease in energy costs to existing contracts from 2020 to 2022. Network tariffs however have largely stabilized with the significant increases in recent years no longer prevailing,… more