Latest Electricity Market News

Origin Energy has announced it will keep the Eraring Power Station operational until April 2029, extending its life by nearly two years to bolster NSW’s energy security during the shift to renewables.

1414 Degrees secures critical approvals from AEMO and ElectraNet for its 140 MW Aurora Battery Energy Storage System, advancing the project toward grid connection and commercial operation in 2026.

SKS Technologies has formalised its acquisition of Delta Elcom, a specialist electrical and communications firm, aiming to boost its market share in New South Wales' data centre sector and beyond.

1414 Degrees advances its Aurora Energy Precinct with conditional approval for a major battery storage system and ongoing thermal energy storage development.

LGI Limited reported robust FY25 results, expanding electricity capacity by 44% and increasing EBITDA by 14%, driven by new landfill gas contracts and battery storage projects. The company is well positioned to capitalize on Australia’s renewable energy transition and evolving carbon credit market.

Meridian Energy's October 2025 report reveals exceptional hydro storage levels and a notable rise in electricity demand and retail sales, signaling robust operational performance amid shifting market dynamics.

Critical Minerals Group has raised $2 million through a placement to accelerate key development milestones for its Lindfield Vanadium Project and vanadium flow battery supply chain.

Energy Action Ltd reported a 17% revenue increase to $2.89 million in Q1 FY26, driven by strong contract renewals and new business wins, alongside strategic investments in AI-enhanced technology to expand emissions management services.

Carnarvon Energy has made a significant A$86 million investment in Strike Energy, becoming its largest shareholder and gaining exposure to Western Australia’s growing gas market, while deferring Bedout drilling to early 2027 due to rig shortages.

Meridian Energy’s September 2025 report reveals exceptional hydro storage levels and a notable uptick in electricity demand and retail sales, setting a positive tone for the company’s near-term outlook.

Frontier Energy has been assigned 88.06 MW of Certified Reserve Capacity for its Waroona Renewable Energy Project, positioning it to benefit from a sharply higher Reserve Capacity Price in Western Australia’s tightening electricity market.

TPC Consolidated Limited reported a robust 20.9% increase in revenue to $193.1 million for FY25, driven by growth in electricity and gas services. However, net profit after tax plunged 94.4% to $0.3 million, reflecting the impact of volatile wholesale electricity prices and rising costs, while a proposed acquisition awaits regulatory approval.