Latest Electricity Markets News

QPM Energy is positioning its Isaac Energy Hub and 112MW Isaac Power Station to meet surging data centre electricity demand forecast to reach up to 35 TWh by 2036, amid coal plant retirements and rising grid pressures.

Energy One Limited reveals solid sales momentum and strategic AI integration under new CEO Ben Tranier, despite slight ARR timing delays and ongoing market complexity.

Meridian Energy's April 2026 operating report highlights robust hydro inflows and retail sales growth while electricity futures prices continue to decline.

AGL Energy tightens its FY26 earnings outlook, buoyed by strong operational performance and strategic investments in batteries and gas peaking assets amid rising electricity demand driven by data centres and electrification.

AGL Energy has committed to a $490 million gas power project in Western Australia, aiming to enhance energy reliability and support renewable integration from late 2027.

Contact Energy's February 2026 report reveals rising electricity and gas sales, improved generation efficiency, and robust hydro storage, underpinning a stable financial outlook for FY26.

Strike Energy reports a significant 35% increase in the Benchmark Reserve Capacity Price for 2028/29, alongside strong construction progress at its South Erregulla Power Project, signalling robust prospects for WA’s energy transition.

QPM Energy Limited has announced a substantial upgrade to its Moranbah Gas Project reserves and resources, now certified at over 1,000 petajoules, positioning the company as a key player in Queensland’s evolving gas and electricity markets.

1414 Degrees Ltd posted a steep 192% rise in half-year losses to $3.86 million, while advancing its silicon-based energy storage and hydrogen technologies. The company also faces uncertainty after its joint venture partner Vast Renewables entered administration.

Genesis Energy has completed a NZ$100 million share placement at NZ$2.15 per share, paving the way for a NZ$300 million rights offer to fund its renewable energy expansion under the Gen35 strategy.

AGL Energy reported a steady half-year performance with flat EBITDA and a slight dip in net profit, underpinned by improved operational metrics and strategic moves including a major telco divestment and renewable investments.

Frontier Energy has secured 88.06 MW of peak capacity credits for its Waroona Project, guaranteeing around $32 million annually for five years, while raising $11.5 million to advance debt financing and project development.