Energy News

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    Energy Action is a leading provider of innovative Energy Procurement, Contract Management & Energy Reporting, and Projects and Advisory Services. As the energy market experts, we are committed to bringing innovation to energy management technology and services, enabling our people to deliver positive environmental and financial outcomes for our clients through the best relationship management, analytics and data integrity.

    We are publicly listed on the Australian Stock Exchange (ASX:EAX) and authorised to provide financial product advice on electricity derivatives to wholesale clients under the Corporations Act AFSL no. 362843. 

    News

    • On Monday 2 May, the AER announced how it proposes to deal with one of the more imminent issues arising from its current Federal Court action involving the NSW and ACT networks.

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    • The Victorian Government has announced in its state budget a threefold increase in royalties on the extraction of brown coal.

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    • In April 2015 the Minister for Small Business requested the Australian Competition & Consumer Commission (ACCC) to inquire as to the competitiveness of the wholesale gas market in Eastern and Southern Australia. This was prompted by concerns surrounding increasing wholesale gas prices, the impact of the new liquefied natural gas (LNG) processing facilities in Queensland and potential barriers to the development of additional sources of gas.

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    • The recently announced reforms by the West Australian Government to its Reserve Capacity Mechanism are targeted at reducing the cost of the capacity component of the Wholesale Electricity Market and are expected to result in reducing costs to consumers.

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