Archive

09 Nov STATE OF THE MARKET – Q417 MARKET OVERVIEW

The electricity market is in a state of confusion as a result of poor Federal and State Government policy. The Market Operator, AEMO, released the Electricity Statement of Opportunities during September. The Statement warned of supply shortfalls during the first three months of 2018 and a heightened risk of unserved energy over the next 10 years. On 17 October the Federal Government announced the National Energy Guarantee (NEG). The Guarantee is the model that will see energy being delivered to consumers reliably and affordably whilst also meeting our international emission commitments. The NEG is an alternative to the Clean Energy Target introduced by Dr Alan Finkel in his Finkel Review. Since...

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09 Nov Gas Supply Remains in Focus

Market News The Australian Energy Market Operator (AEMO) released its updated Gas Statement of Opportunities during September. The report indicates that in eastern and south-eastern Australia, there is potential for an annual energy shortfall in the domestic gas market of 54 petajoules (PJ) in 2018 and 48 PJ in 2018. AEMO warned that the shortfall could be higher in a variety of plausible circumstances that could increase demand for gas by household and business consumers, and for gas-powered generation of electricity (GPG) in the National Electricity Market (NEM). AEMO’s estimates that the shortfall could be as high as 107 PJ in 2018 and 102 PJ in 2019. This forecast was quickly...

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09 Nov EDGE LIVE – Introducing interactive ‘Dashboards’

We’re all about providing a tailored and specialised service to our clients. But we also know you often need quick access to information regarding your energy consumption and spend. This is why we’ve developed Edge Live. Edge Live is a secure, online information portal that gives you instant access to contracts, portfolio information, reports, data and so much more. The portal provides you with instant access to the information you need to make informed choices for your business. Our latest enhancements to the Edge Live software is our interactive Dashboard module. Interactive Dashboards Edge Dashboard provides you with an interactive graphical portal that allows you to view your consumption and energy costs across a...

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09 Nov Internal Risk Guidelines – Time for a check-up?

How does your business procure its electricity? More importantly how does your business manage electricity price risk? Do you secure a long-term agreement only to file it away not to be seen for several years? If this is the case, then it’s time for a check-up because you may be placing your business at risk. If your business is situated on the east coast of Australia it’s connected to the National Electricity Market (NEM). This market operates every second of the day, 7 days per week, 365 days per year. It’s the platform that connects electricity producers and consumers. The NEM enables electricity to be treated as a commodity and consumers can...

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09 Nov STAFF PROFILE – Melissa Lascelles

With extensive industry knowledge and experience, Melissa brings insight and clarity to her role as a Portfolio Manager. Her experience as both a retail client and a portfolio manager in the energy industry means she can be innovative and responsive in delivering optimal solutions for our clients. With a focus on client relationships, Melissa believes that collaboration helps to bring the best possible energy portfolio outcomes. What is the best piece of advice you have ever received? Don’t sweat the small stuff.  I continue to remind myself of this on a regular basis. Name a place you have never been to and would like to visit. Why? Sabah. A remote non-western location with gorgeous...

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09 Nov Help Sick Kids Today!

The Children’s Hospital Foundation helps sick kids today and tomorrow by funding life-saving medical research, investing in vital new equipment, and providing comfort, entertainment, support and care for children and their families. To support this great charity, Edge will be attending The Coffee Club Telethon Ball for the 2nd year running on the 18th of this month. Unfortunately this event sold out quickly, however there’s a lot you can do to support a child with an injury, serious illness or life threatening disease. You can donate money to help save precious young lives. Donate your time to make a difference at our children’s hospital. Or raise funds for vital research and equipment,...

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