We know market events can impact your business.

Let us bring the news to you.

Every month, we'll share our views on the energy market and outline the headlines that may impact the supply and price of energy.



Shifting supply-side planning to demand-led solutions

Ryan%20Willemsen Bell%20small


General Manager

Business, Solar and Energy Solutions

Much of the talk around our transitioning energy market has focused on the supply of energy; do we have enough domestic gas? How do we ensure reliability with the acceleration of renewables and the decommissioning of existing coal generation in the future? And who will win the race to the biggest and best energy storage?

We’re fortunate at Origin to be able to continue to invest significantly in growing energy supply. I’m really proud that we’re the first energy company in the world to sign up to the We Mean Business coalition, a worldwide group of companies committed to climate change. We’ve set our own energy target and we’re on track to add up to 1500 MW of new renewables by 2020. We’ve committed to domestic gas supply and we’re investing in boosting our own generation assets. And at a more local level, we’re looking at commercial batteries, alongside the battery solutions already available for our residential customers. In fact, we’re about to trial a commercial battery in our Melbourne office, to ensure we have everything in line to offer our business customers the best product and support based on our own experience.

There is, however, an exciting opportunity for us as retailers to seek innovation that is led by market demand. And moreover, find a solution that’s cost effective for our customers as well as business and industry.

One of our most exciting projects is working with Tempus Energy looking at demand-side management. With Tempus technology, we’re able to shift load into cheaper periods or when renewables are plentiful, generating potential energy savings for your business.

There’s a lot of work ahead and I’m determined that if we continue to trial new technologies on our own business and learn from experiences around the world, we’ll be well placed to face those challenges head-on and provide the best, well tested, solutions for our customers.

March 2018

Electricity market update

The electricity market was relatively quiet in March awaiting firm announcements from key industry participants.


8/3 Consultation process for the proposed national energy guarantee (NEG) ended. The NEG includes recommendations to provide reliable, secure and affordable electricity.1

16/3 The Australian Energy Market Operator (AEMO) released Advice to the Commonwealth relating to AGL’s proposal to replace Liddell. The analysis looks at whether the retailer’s resourcing plans to cover the expected loss of load due from the retirement of AGL’s Liddell Power Station in 2022 is sufficient.

17/3 Liberals won South Australian election.2 Newly appointed Premier, Steven Marshall, announced the Liberal energy plan including battery subsidy and $200 million into SA-NSW Interconnector fund.3

19/3 High winds in Melbourne caused power failure to 25,000 homes.4 Power was restored the following morning to most United Energy and Ausnet customers.4

27/3 A second interconnector between Victoria and Tasmania has been added to Infrastructure Australia’s priority list.5

Electricity Pool Price ($/MWh)


 Queensland (QLD)

New South Wales (NSW)

Victoria (VIC)

South Australia (SA)

















% Change





Gas market update

March market activity was subdued given that Longford Gas Plant had a major maintenance program during the month and less gas was available to the market.


The capacity reduction was offset by cooler weather and lower Gas Powered Generation (GPG) demand so there was little to no price uplift across March. Prices reduced once the plant returned to service.

APLNG had a single train outage from the 8th of March to the 23rd.7 Most volume was taken by other LNG producers but some volume came to market and helped supplement the Longford production shortfall.

Iona storage is almost at full capacity with inventory sitting at 21.7PJ.

Renewable energy update


15/3 Australian Renewable Energy Agency (ARENA) announces funding for pilot projects and studies to integrate distributed energy resources (DER)8 into the electricity system. The $12.5 million funding initiative looks to utilise existing assets like rooftop solar and batteries to contribute to grid reliability.

20/3 According to Bloomberg’s 2018 REC Market Outlook, high Large-scale Generation Certificate (LGC) prices over $80, surging wholesale electricity prices above $100/MWh and a new wave of power purchase agreements (PPAs) continue to contribute to record investment in large-scale renewable projects.9 4.9 GW of projects are already under construction with an additional 2.5 GW required to reach the 2020 target of 33 TW.

22/3 ARENA announced $25 million funding for Victoria’s first two large-scale batteries. This is in addition to the $25 million already committed by the Victorian Government as part of the Victorian energy storage initiative.10 Construction of one battery located in Kerang commences next month, expected to support peak demand requirements next summer.11 The batteries will store solar and wind-generated energy with a combined generation capacity of 55 MW and combined energy storage of 80 megawatt-hours; more than half the power of SA's 100MW Tesla battery.

What does all this mean for your business?

Our EnergyLink portal uses market information, along with your data, to show you ways to reduce your energy spend.

More on EnergyLink