Albo’s new energy shock is going swimmingly today as Victorian gas prices surge past $17Gj:
Electricity prices have rocketed right alongside gas as usual:
Electricity futures prices for NSW belong in marginal Europe:
Meanwhile, the gas cartel prepares to supply forever coal power:
Origin Energy has struck a new six-month supply agreement with Centennial Coal after inking an extension for its Eraring power station, a deal that safeguards around 1000 jobs in the short term.
And WA mulls the absolutely inconceivable:
The last-minute postponement of a Western Australian gas inquiry’s final report has fueled demands for an explanation to parliament amid fears of undue industry influence.
“I have serious concerns about why the public release of this report has been scrapped at the eleventh hour. From the outside it looks dodgy,” WA Greens MLC Brad Pettitt said.
Due to be released on Thursday, the state parliamentary Economics and Industry Standing Committee has now delayed its recommendations on the future of the state’s domestic gas reservation policy that has – so far – helped WA avoid an east coast-style gas crisis.
“This inquiry will deliver decisions that impact some of the most powerful companies in Western Australia, companies who have very high-powered lobbyists working for them including former members of this government and even the former premier,” Dr Pettitt said
Surely not. Then again, this is Australia.
