Blog

Record electricity prices driven by extreme weather

Record electricity prices driven by extreme weather, generator outages and aggressive patterns of generator bidding behaviour, outlines ERM Power EGM Trading David Guiver.
Forward contract prices escalating: high pool prices, as a result of recent events, have led to higher contract prices for commercial and industrial customers. Unpredictable market behaviour highlights the importance of good energy management strategies for large power consumers in a volatile energy market and policy environment.
Much has been written about the extreme pool price volatility that…

February 1, 2019 Blog Wholesale Market Updates

The 3 key factors influencing higher energy prices

David Guiver, ERM Power’s Executive General Manager of Trading, explains that several key factors are likely to be influencing market increases and general energy price volatility. These are:
1. Predictions of a hot, dry summer ahead
Future weather forecasts can significantly influence energy markets because suppliers look at these predictions closely when hedging energy purchases on the futures market and setting prices.
When the forecast says we’re in for a hot, dry summer, this indicates that businesses and households will use more…

November 27, 2018 Blog, Knowledge Articles Energy Supply

Large industrial projects need specialised skills

ERM Power adds large-scale industrial project expertise and energy efficiency certificate creation capability to ERM’s existing suite of energy productivity solutions with the acquisition of Out Performers.
Out Performers delivers large and complex commercial and industrial electricity and gas efficiency projects aimed at the 300 largest energy users in Australia. The company’s technical expertise and services in electricity and gas advisory, project delivery and energy performance analytics for industrials complements ERM’s existing Energy Solutions business model and expands the capability…

October 16, 2018 Blog, News Energy Demand

Prime time for helping smooth the flow

ERM Power CEO Jon Stretch makes no attempt to hide his frustration with the latest failed attempt to get a national energy policy up and running, even though it means plenty of opportunity for his business to grow.
“It’s just beyond belief that at five minutes to midnight, when there has been an incredible amount of consultation with industry, with industry groups, with consumers, with competition groups et cetera, that we just saw politics of the worst kind make the…

October 16, 2018 Blog Energy Demand

Where to Start with Energy Efficiency

Energy efficiency is rapidly climbing up the corporate agenda but many organisations get caught out thinking just one product is the right solution. Watch Megan Houghton, Executive General Manager, Energy Solutions at ERM Power explain the best evidence-based way to take control of your energy management.
If you would like to talk to an expert, click here.

September 6, 2018 Blog Energy Demand

Network Tariff Review May Uncover Potential Savings

If your organisation is not on the right network tariffs for its energy profile and usage, you could be spending too much on electricity. Our network tariff review may uncover potential savings for your organisation.
Network Tariff Optimisation
Network costs can make up to a third of the overall cost of some customers’ electricity bills and while these costs are passed through to customers, being on the right network tariff for your site will ensure you’re not paying more than you…

August 31, 2018 Blog Energy Supply

Smart Advice to Secure the Best Energy Deal

Considering switching business energy providers? A word to the wise: lock in the best possible terms by thinking green and assuming nothing.
Having dealt with soaring energy costs for years, organisations are becoming savvy. They know they can save significantly if they negotiate wholesale energy prices with retailers. What many don’t realise is that’s not the only way you can control what you pay for energy.
You have the power
“While network tariffs are fixed costs that stay the same no matter…

July 25, 2018 Blog Energy Supply

RERT – The Challenges of Maintaining Supply in Extreme Weather

RERT operates outside of the National Electricity Market (NEM) and involves contracting large energy users to either use less energy or generate power from their own generators when called upon by AEMO.

Basically, big industrial users like aluminium smelters, steelworks and paper mills are compensated for ‘switching off’ to provide emergency relief if the power network is threatened.
Summer is traditionally the time of year the power network is most stretched. It’s not just high demand, but extreme temperatures and climatic…

July 19, 2018 Blog, Case Studies Energy Supply

Energy Management Software

Through our web-based energy and emissions software, we are already helping some of Australia’s largest organisations uncover, and act on, opportunities to reduce their energy, water and waste.
Energy Management & Reporting
Our reporting suite, Greensense View® works by firstly connecting all your data across your facilities – from your energy and water utilities, meter data agents, building management systems and sub metering networks.
Showcase your Sustainability Investment
With our customer data dashboards and real-time view, you can:

instantly act on issues and opportunities
drill…

May 10, 2018 Blog Energy Demand

Lessons in Energy Efficiency Bring Immediate Savings

At a time when power costs are soaring in most schools, a Queensland high school has bucked the trend reducing its electricity cost per student by over 13% when this cost was growing on average by 18% in other schools..
Concerned by the rate electricity consumption and demand was climbing in schools and the upward pressure this was putting on operating budgets, the Queensland Department of Education and Training engaged with the Energy Solutions team at ERM Power to see…

June 22, 2016 Blog, Case Studies Energy Demand

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