Energy Market Wrap: April 2022

Our energy specialists provide insights into what happened across the NEM this April, while taking a closer look into each state and what to expect in May.

ARENA report highlights the importance of demand flexibility

The Australian Renewable Energy Agency commissioned NERA Economic Consulting and Energy Synapse to quantify the value of demand flexibility in the energy transition. The report has now been published and has some important takeaways for governments, policy makers, industry and energy users.

Energy Market Wrap: March 2022

Our energy specialists provide insights into what happened across the NEM this March, while taking a closer look into each state and what to expect in April.

Energy Market Wrap: February 2022

Our energy specialists provide insights into what happened across the NEM this February, while taking a closer look into each state and what to expect in March.

Introducing the new Price Efficiency Indicator

An extremely handy tool, the Price Efficiency Indicator has been built to help businesses monitor, manage, and maximise their energy bill’s value and shape their price efficiency adjustment.

Energy Market Wrap: January 2022

Insights from energy specialists about what happened across the NEM, a closer look at each of the states, what to expect in February and intel about when to sign a new energy contract.

Energy Market Wrap 2021

We bring you the final market wrap for 2021, where we break down the energy market prices that occurred throughout 2021.

Molycop makes a commitment to a sustainable future

Mining operations don’t stop, and neither does Molycop’s passion for customer satisfaction.

How to generate extra revenue for your business with demand response

Three of Flow Power’s energy specialists discuss how to generate extra revenue for your business with demand response.

Energy Market Wrap: November 2021

While the average spot price in November increased in all regions of the NEM (compared to October), there has been a year-on-year softening of spot prices in November for Victoria and South Australia.

A special video message from Lord Mayor of Sydney Clover Moore

For our Shoalhaven Community Solar Farm launch event.

Shoalhaven Community Solar Farm Launch Event 2021

The Shoalhaven Community Solar Farm has been developed by Flow Power and not-for-profit group Repower Shoalhaven.

Webinar: Is there a better way to do peak and off-peak energy?

In this 30 minute webinar, join three of Flow Power’s energy specialists as they discuss peak and off-peak pricing and what that could mean for you and your business.

Energy Market Wrap: October 2021

October was the first month in the National Electricity Market with five minute settlement in place. However, we may have to wait a little longer to observe its impact on the spot price.

Webinar: Setting your team up with our demand response framework

On September 18, we held a webinar to explore how businesses can implement our demand response framework to tackle the summer ahead. 

Historical Peak and Off Peak Ceiling Prices

Set every quarter and be flexible with your individual business needs, the Ceiling sets a peak price in accordance with market activity, ensuring you’ll never pay more than you need to.

The wholesale demand response mechanism explained

The wholesale demand response mechanism is a new regulatory change being introduced starting on 21 October 2021. It lets a third-party aggregator sell demand response without being a customer’s retailer. This does not impact Flow Power customers. 

The Positives of Negative Prices

Negative electricity prices are an increasingly common occurrence in the National Electricity Market (NEM). We explain why prices can go negative, show how often it occurs, and importantly we explain what this means for Flow Power customers. 

The Q2 2022 Ceiling Prices

Set every quarter and be flexible with your individual business needs, the Ceiling sets a peak price in accordance with market activity, ensuring you’ll never pay more than you need to.

Webinar: Choosing Renewable Energy For Your Business

Unpacking the options available for businesses looking to go renewable.

Energy Market Wrap: September 2021

September has seen lower prices in all mainland regions compared to August, along with higher renewable penetration. The trend of the “deepening duck curve” continues, with similar or higher demand during peak periods, and lower demand in the middle of the day.

The NEM, bid stacks and five-minute settlement

This article explains how wholesale prices are calculated and takes a closer look at the significant change to the calculation of prices that started on the 1st of October 2021 due to the new 5-minute settlement.

Five minute settlement explained

On the 1st of October 2021, “five minute settlement” will start for the National Electricity Market (NEM). This means there will be a change in the way the wholesale price (the price paid to generators and paid by retailers) is calculated.

Webinar: Energy Ready

Watch this webinar to see our business energy experts, Steven Cook, George Charakos and Emmett Williams, discuss one of Flow Power’s products Energy Ready, and how it is your key to harnessing the energy market to its fullest potential.

Market Wrap August 2021

Wondering what’s been happening in the energy market this month? Our experts unpack the highs and lows in the market wrap.

Market Wrap – July 2021

Wondering what’s been happening in the energy market this month? Our experts unpack the highs and lows in the market wrap.

Webinar: Power Active

Our energy experts talk about what is Power Active, price efficiency and the active option.

Conclusion of the ESB’s post 2025 review

With the impending conclusion of the ESB’s post-2025 review, we’ve decided to share some of our preliminary thoughts.

Market Wrap – June 2021

Wondering what’s been happening in the energy market this month? Our experts unpack the highs and lows in the market wrap.

EOFY Australian Business Energy Update

Watch this webinar with our energy experts, Jacob Mahoney, Emmett Williams and Tricia Lorenz0 as they talk about what’s happened in the energy market in the last 12 months, what do fluctuating prices mean for businesses and what businesses can do to leverage the energy market with innovative products and technology

Our latest submission to the Energy Security Board

Last week we put in a submission to the Energy Security Board, providing feedback on their options paper.

Market Wrap – May 2021

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

Webinar: Negative electricity prices and your business

Watch this webinar to see our business energy experts, Nick Mercure and James McFarlane discuss how businesses can take advantage of the unique energy trends in South Australia to continually improve their electricity price outcomes.

Negative electricity prices and what they mean for your business

A research paper by energy specialists, Nick Mercure and James McFarlane to help understand how your business as a consumer of electricity can take advantage of the unique energy trends in South Australia to continually improve your electricity price outcomes.

Webinar: How to get a more flexible energy contract

Our experts discussed the flexible alternatives businesses have compared to standard energy contracts in a webinar.

Keeping cool: How one cold storage company saved

Cold stores’ most energy intensive operations can also help them save on energy costs. Here’s how:

Sydney and Adelaide are now 100% renewable

From July 1, we’ll be powering not one but two major city councils with 100% renewable energy.

Powering the conservation of SA’s Pygmy Lizard

We’re partnering with Flinders University to support a project to relocate the endangered pygmy bluetongue lizard.

Webinar: Developing successful solar projects

Want to get the lowdown on what makes a solar project successful? In a webinar on May 20 our experts took a closer look at the ins and outs of solar projects.

Your Price Efficiency Adjustment (PEA)

In this week’s On the Spot update, our experts looked at how businesses can manage when and how they use power to unlock greater savings

Good news: our Power Active customers have already saved

Businesses that signed onto Power Active last year have already saved between 5-14%* on their base energy rates**

Manufacturing a smarter future

ANCA is powering innovation through the manufacturing industry with smart manufacturing solutions for customers.

Measuring, reporting on, and reducing emissions

Chances are, if your business wants to – or is already taking steps towards – reducing its carbon footprint, you’ll be looking at your emissions and how to reduce them.

The new normal: Opportunities in a changing energy market

This time last year, energy prices were on the rise. Now, market data is telling us a different story — energy prices are moving down. 

Quick wins for adapting your operations

We take a look at what your business can implement for their energy strategy today, to free up time for other priorities

Power Purchase Agreement explained

You may be wondering exactly how renewable PPAs work, how they differ and why businesses are signing them. We’re here to answer those questions.

Building Intelligent Demand Response in SA

We’re working with the South Australian Government to trial automated demand response and support the grid.

What happens behind the scenes of a market event?  

Alex Leemon, our Demand Response Lead runs over how a market event works

We’re making big moves towards powering more SA businesses with solar

We’ve made a long term commitment to the uptake of renewables in South Australia

How do extreme weather events impact the system?

From bushfires to floods, we look at the affect weather events have on the energy system

The Price Efficiency Adjustment (PEA) – Meet the new peak and off-peak

Traditional peak and off-peak fixed rates don’t reflect the underlying wholesale energy market. Find out how you can make the market work for you.

Webinar: Three things to know about energy contracts

On October 31, we held a webinar on three key factors that determine how retailers set energy rates – term of the contract, timing of contracting and energy profile.

Victorian pubs to get cheaper and renewable power

Flow Power are partnering with Carlton & United Breweries and Australian Hotels Association (VIC) to power Victorian pubs with renewable sources

Pernod Ricard Winemakers achieve 100 per cent renewables

Pernod Ricard Winemakers has become the first large wine company in Australia to achieve 100 per cent renewable electricity.

Three steps to getting your team ready for demand response

Discover the three steps to empower your teams to achieve demand response success this summer.

Sydney and Newcastle Councils go renewable

In October, City of Sydney and City of Newcastle announced they would join the list of organisations that are reshaping how they think about power.

City of Sydney to be powered by 100% green electricity

The City of Sydney signed a Power Purchase Agreement with Flow Power and will source their power from renewable energy sources from July 2020

Are you making the most of your data?

Get familiar with your Portal heading into the summer.

Bomen Solar Farm

On 23 August, our team saw the first solar panels installed at Bomen Solar Farm. This is often called the ‘golden row’, but we’re calling it the orange row.

Smart is making money from your generator

We’re the energy people to help your business can unlock the value of demand response.

Webinar: Understand the prices behind renewables

On June 26, we held a webinar to share research developed in partnership with the University of Melbourne. It explores a model that can be used to map the variability of renewable pricing over the lifespan of Power Purchase Agreements (PPAs).

Three ways horticulture businesses can cut energy costs

From irrigating to warehousing and cold storage, the horticultural industry leans heavily on power to drive its operations.

PLC goes renewable

Presbyterian Ladies’ College, Melbourne (PLC) is helping lead the way as one of the first schools in Australia to achieve a 100 percent net renewable outcome for electricity use.

The early bird gets the worm

In just a few weeks, it will be the end of the financial year (EOFY). For most businesses, June is all about getting their ducks in a row, whether that means getting ready for tax time, planning for the next year or revisiting company goals. 

Balancing your carbon footprint

Take steps towards offsetting your business’s carbon footprint

Webinar: How to get the best energy contract at anytime

On the 22nd of May, we held a webinar to discuss how timing impacts energy contract prices and how we overcome the timing risk with Power Active.

Savings are growing for businesses buying renewables

Businesses signed onto our Corporate Renewable PPA unlocked significant savings. Now, just two months later, the savings are still growing

Webinar: Powering bettering energy prices for manufacturers

On April 12th, Flow Power hosted a webinar to discuss how Corporate Renewable Power Purchase Agreements (PPAs) could help Australian manufacturers drive down energy costs.

Webinar: Future ready energy procurement for schools

On April 16th, Flow Power hosted a webinar to discuss how Corporate Renewable Power Purchase Agreements (PPAs) could power Australia’s schools and help them meet their sustainability targets.

Ascham signs long-term renewable corporate agreement with Flow Power

Ascham becomes the first school in NSW to pioneer a Renewable Corporate Power Purchase Agreement. The agreement confirms Ascham’s long-term commitment to sustainability.

RRO thoughts in short

After more than two years of conversation, the Energy Security Board is currently working through the rules of the proposed Retailer Reliability Obligation (RRO). Designed to enhance the market signals and encourage efficient investments, here outline our thoughts.

Webinar: Introducing Power Active

On March 28th, we hosted a webinar to discuss our newest power plan, Power Active and how it gives businesses the opportunity to reshape how they buy power.

A new way to go renewable puts the wind behind schools’ sails

Corporate Renewable PPAs are now available to schools, making it easier than ever to secure long-term renewable energy and reduce costs

Becoming Power Active

A NSW business reaps the rewards of reshaping how they buy power

Webinar: Demand response results

On March 7 (2019), our experts ran through the results of customers who did demand response over summer.

Demand response vs energy efficiency: what’s the difference?

We compare demand response with energy efficiency and look at how your business can implement both of these demand management strategies

Celebrating the opening of Victoria’s largest solar farm

Flow Power celebrates the official opening of Karadoc solar farm alongside BayWa r.e., Carlton & United Breweries and Beon Energy Solutions.

Bringing more solar to SA

We’re excited to be working with Tetris Energy and Canadian Solar to expand our solar offering in South Australia.

Flow Power adds Bomen Solar Farm to portfolio

We’re welcoming Bomen Solar Farm to our ever-growing portfolio of renewable generation.

Hybrid PPAs the new innovation in renewable power deals

For thousands of years, humans have been creating hybrids. From plants and animals to cars, we’ve been mixing the best of both options to meet our needs.

Webinar: Demand response rewards

On November 13, our experts ran through the rewards businesses can receive from getting involved in demand response over summer.

Get rewarded for how you use power this summer

Summer is fast approaching which means that your business can get involved in demand response programs and be rewarded for how you use power this summer.

Good news for solar installers

Are you a solar installer? We’re a retailer that wants to partner with you.

Connecting NSW businesses to renewables

Sapphire Wind Farm will join Lakeland Wind Farm, Ararat Wind Farm and Kiamal Solar Farm in Flow Power’s evolving renewable generation portfolio.

SAWIA and Flow Power deliver better power for the wine industry

Best of Both Worlds launch event wrap up

In partnership with the University of Technology Sydney’s Institute for Sustainable Futures (ISF) and WWF-Australia, we launched our report on the benefits of combined corporate renewable Power Purchase Agreements (PPAs) and demand response.

Passing the NEG to Canberra

On 10 August, 2018, Energy Ministers from around the country came together to discuss the proposed National Energy Guarantee. They agreed to pass it to the Coalition Party room before reviewing it among the states. Get the low down here.

Benefits on wind and solar energy contract

Research from the UTS Institute for Sustainable Futures reveals demand response yields financial savings of up to 33.3% for businesses when combined with corporate renewable PPAs.

The latest NEG update

Just a few weeks before the COAG Energy Council is due to meet on August 10, the National Energy Guarantee decisions paper has surfaced. It’s 39 pages so here’s a summary:

The real power numbers

Electricity in Australia is traded on a market. The price is set by balancing supply and demand. Just like any other market, it can be hard to predict – despite many people trying to do so.

Our latest submission on the NEG

Last week, Flow Power made a submission as part of the Energy Security Board’s process of consultation on the National Electricity Guarantee.

Innovations in horticulture

Here comes the sun

For Victorian Businesses, it’s alright.

Australia’s manufacturers could utilise PPAs

You may have caught us at National Manufacturing Week 2018, where we discussed how Australia’s manufacturers could utilise corporate Power Purchase Agreements (PPAs) to drive down energy costs over a long term period.

LoR event fact check

Recently, it’s seemed like the media is continuously reporting that there’s not enough power in the system to meet demand. In other words, it can feel like the system is regularly on the edge of blackouts. But is that true?

Power users key to the NEG

Now, more than ever Australians need power policy certainty. Today’s COAG meeting showed that while state ministers are united on that front – the details will need more work.

The real blockage in the power market

Currently, fixed-rate contracts are stopping Australians from truly connecting to the signals of the market. We need to cut these contracts from the picture to minimise market power, resolve the market programs and keep power costs down.

So long fixed rates

Once upon a time, power was entirely purchased through fixed rate contracts, drawn up by power companies. But, what if we told you that fixed rate contracts are becoming a way of the past?

Renewable power deals for businesses

With an increased number of low cost renewable energy coming online, as well as the temptation of cheaper renewable energy certificates, corporate renewable power purchasing agreements (PPA) are a growing trend in Australia.

Your power bill broken down

With more and more renewables becoming integrated into the grid, we know business’ can benefit from a greater understanding of how power costs are broken down.