Wednesday, 10 April, 2013 - 11:48
Verve, Synergy merger to proceed despite strong opposition
Industry groups have strongly criticised today’s shock announcement that the state government is planning to merge energy utilities Verve and Synergy.
Richard Harris has decades of experience in WA’s energy and resources sectors at strategic project and policy development level, in both the private and public sectors.
He worked for more than 20 years in senior levels of government, in both the federal and state jurisdictions, and has an extensive network with senior bureaucrats and politicians.
Mr Harris’s roles in the private sector have included WA Director of ERM Power and managing director of Mid West Energy. He also chairs the WA Independent Power Association.
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Industry groups have strongly criticised today’s shock announcement that the state government is planning to merge energy utilities Verve and Synergy.
New warnings have emerged electricity prices could rise if Western Australia adopts an east-coast style energy market, according to a report commissioned by a private operator.
The federal government’s RET review has polarised opinion on the future of renewables in Australia.
Mandurah has been revealed as the top solar postcode in Western Australia, according to a new report which also found WA lags behind every other state in Australia in terms of total renewable energy capacity.
The state’s private electricity providers have warned that an unfavourable result in the Energy Market Review could cause problems for independent operators, ultimately stifling competition and putting pressure on power prices.
Western Australia could secure projects worth $1 billion under a reduced renewable energy target, although there is conjecture as to whether the final terms will be business friendly enough.
SPECIAL REPORT: Business News looks at what’s holding up and what’s contributing to electricity price reductions, reviews the players in WA’s wave energy and waste-to-energy industries and reports on allegations of market manipulation by a Synergy-owned business.
SPECIAL REPORT: A small group of ministers and backroom advisers close to Mark McGowan will set the agenda for the new state government.
The WA Independent Power Association has called for the state government to block a plan by public generator Synergy to set up a new renewable energy fund, while supporting a move to reduce Synergy’s capacity.
Competition among developers of renewable energy projects in WA's South West is hotting up, with two solar farms starting construction this year and a further eight major projects hoping to join them.
Renewable energy company WestGen has moved close to proceeding with WA’s second new solar farm this year, after appointing key contractors for its $75 million Byford project.
SPECIAL REPORT: As WA households benefit from increased competition in gas retailing, the electricity sector wants to be able to compete with Synergy in providing to small customers, with some industry members calling for a reduction in the contestability threshold to 20 megawatt hours.
SPECIAL REPORT: More than $1.6 billion of renewable energy projects are proposed for the South West Interconnected System, but their success may hinge on how the government handles two regulatory issues.
States and territories have signed up to the federal government's proposed National Energy Guarantee today, and it will have a big impact on Western Australian industry despite the state not being part of the National Electricity Market.
SPECIAL REPORT: About $3 billion of electricity projects are in the pipeline in WA, but technological change and regulatory pressure are creating investment uncertainty.
Wind and solar generation backed by storage are competitive with coal and gas, according to a recent report by the CSIRO, but that does not mean coal-fired generation will be out of the picture.
SPECIAL REPORT: Gas peaking generation and utility scale batteries will become increasingly valuable in WA as coal power units are retired and new wind farms come online.
Businesses are facing a challenge locking in gas contracts for major projects in Western Australia, including Coogee's planned $1 billion Burrup Peninsula methanol plant, which the company is now pursuing without partner Wesfarmers.
There’s much enthusiasm and many ideas for dramatically cutting WA’s carbon emissions, but a rapid transition would come at a cost.
An in-depth analysis of the re-emerging case for a west-east gas pipeline, which could provide a demand source for projects like Equus.
About 870 megawatts of new gas capacity, and 5,260MW of renewables, could be needed by 2030 if WA’s economy grows dramatically.
New gas power generation could be needed to supply Perth as early as 2024, with a project at Coolimba one candidate.
The state’s economic regulator is working out how best to balance a need for storage on the electricity grid against concerns Western Power could gain an anti-competitive advantage.
The state government will have a chance to alleviate rising cost and wage pressure for small businesses in its upcoming budget.
A carbon penalty will be considered for high emission generators in WA's main power grid, with the state government to sound out industry.
WestGen has received a two-year extension to complete its proposed $140 million Byford Solar Farm in Oakford.
WA’s DomGas Alliance has hit out at suggestions the state’s gas should be used to fix an east coast energy crisis.
A group representing the interests of the state’s biggest gas users wants the Economic Regulation Authority to monitor domestic supply, a government inquiry has heard.
A year's a long time in the oil and gas business and plenty can change during that period.
The government won’t ‘necessarily agree’ with the findings of an inquiry into domestic gas policy, but Premier Roger Cook says the report will be considered in policy decision making.
The alliance representing the state’s largest domestic gas users is ramping up its campaign to keep onshore gas in WA, as the premier’s stance on the issue appears to be wavering.
Perth company WestGen has dropped its plan for a solar farm near Byford and instead is aiming to build a 40-megawatt battery energy storage system on the same site.
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