The AEMC has released a consultation paper on reforming the NEM's market price cap structure. Proposals include a tiered cap system and tighter admin price cap settings. Submissions close 1 August.
The 2026 Integrated System Plan identifies $12.7B in priority transmission projects. Key additions include offshore wind connections for Gippsland and the Hunter, and new interconnector capacity for the south-west.
Australia's rooftop solar capacity hit 25 GW in May, with 1.2 GW installed in Q1 2026 alone. Average system size has risen to 9.8 kW as more households pair solar with battery storage.
AEMO issued a Gas Shortfall Notice for Victoria and NSW, warning that storage levels are at 5-year lows heading into winter. The notice triggers LNG import contingency measures from the Crib Point terminal.
The CIS awarded contracts to 14 projects totalling 2.4 GW across battery storage (1.1 GW), wind (0.8 GW), and solar (0.5 GW). Successful bidders include Neoen, AGL, RACV, and Iberdrola.
SunCable is targeting a final investment decision for the Australia-Asia Power Link by Q4 2026. The 4,200 km subsea cable from the Northern Territory to Singapore would deliver up to 1.75 GW of solar power.
The AER's quarterly wholesale electricity report shows volume-weighted average prices of $88/MWh in NSW, $82/MWh in Victoria, and $95/MWh in Queensland. Coal outages and intermittent renewables contributed to volatility.
The Clean Energy Regulator reported 43 facilities exceeded their baselines under the Safeguard Mechanism in the 2025 compliance year. Total ACCU surrenders reached 17 million tonnes.
ARENA shortlisted 6 green hydrogen projects for Hydrogen Headstart Round 2, totalling 1.5 GW of electrolyser capacity. Projects span WA, QLD, and Tasmania, targeting production by 2029.
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