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Energy Efficient Communities Program

Energy Efficient Communities Program – High Energy Using Business Grants

Paving a way to making your business more energy efficient can be challenging. Energy management is complex and energy efficiency objectives differ based on each company’s specific business and sustainability needs.
You need expert advice to understand what solutions will be best for your specific operation. Not all energy solutions are created equal.
Some businesses look for energy roadmaps to deliver their energy efficiency objectives, while some are looking for upgrades to newer and more technologically advanced equipment. Others have already…

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Funding Energy Efficiency Projects

Right now, capital expenditure funding is under pressure for many organisations. For those businesses committed to energy efficiency and carbon reduction improvements, these financial constraints should not mean you have to give up on your energy goals. In fact, there may be ways to kickstart your energy efficiency projects now by utilising government grants and energy certificate schemes and considering financing options.
On-bill financing
On-bill financing gives ERM Power customers an opportunity to turn planned energy-related capex into an operational expenditure…

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Five-minute settlement rule changes

Three Month Delay to Five-Minute Settlement Market

The implementation of the Five-Minute Settlement Market has been delayed by three months to 1 October 2021 in a final determination made by the Australian Energy Market Commission (AEMC).
In April, the Australian Energy Market Operator (AEMO) requested a 12-month delay to the rule’s commencement in response to the global pandemic to allow market participants to focus on the ongoing supply of electricity and support for energy customers.
The Commission has stated that its determination for a three-month delay balances the…

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Five-minute settlement rule changes

Five-Minute Settlement rule takes effect in the National Electricity Market from 1 July 2021

Since this article has been published there has been an update to the timing around the launch of the Five-Minute Settlement rule. Click here to read the update.
A substantial change is set to take place to the cost structures of generator dispatch and retailer consumption, with the launch of the Five-Minute Settlement rule in 2021.
The Five-Minute Settlement rule seeks to resolve pricing anomalies that have existed since the start of the National Electricity Market (NEM). Currently generators bid and…

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Basslink cables

Outage for Basslink Cable

Note: Since publishing this article, the Basslink cable returned to service on 29 September 2019. To read more, click here.
Investigators say the latest failure in the 500-megawatt Basslink cable will render it out of action until at least mid-October.
Connecting Tasmania and Victoria, Basslink is the world’s longest submarine power cable and the outage means Tasmania is currently unable to transfer energy to and from the mainland. The cable has experienced outages in the past but unlike the 2016 undersea…

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