Election outcome signals market upside for generators, not business
Announcement posted by Energy Action 02 May 2025
Energy Action has flagged higher energy price volatility if the next Federal Government continues current trends of delayed action on gas supply and thermal generation. The firm warns that, without clear policy commitments, energy pricing risk will increase across 2026 and 2027.
Executives say the lack of certainty on domestic gas supply and generation stability benefits energy traders at the expense of business users.
Dave Harvey, Energy Markets and Risk Manager, said this
"We are seeing more of the same. No focus on what matters. We need serious attention on gas supply and the maintenance of thermal generation for capacity and system surety"
GM Commercial, Ed Hanna added this
"Volatility is becoming the new normal of the energy transition. That is good news if you are a trader. But not if you are a business customer"
Executive Director, Bruce Macfarlane said this
"There is still no clear plan for supply. Just noise. If we had seen stronger commitments on domestic gas, either through reservation or new supply, energy prices would be lower"
About Energy Action
Energy Action is an Australian energy services company supporting organisations with energy procurement, emissions reporting, and decarbonisation. Its proprietary platform, Utilibox, delivers centralised energy and emissions data, tailored insights, and scalable energy outcomes.
Media Contact
Bruce Macfarlane
Executive Director
bruce.macfarlane@energyaction.com.au
0419 234 127