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THE BEST BITS IN A SILLIER PACKAGE (from Tuesday's Mike Hosking Breakfast) Just Buy an iPhone/Saving the World Is Still a Bit Inconvenient/Is This Why We Can't Have Nice Things/News Shock! Salmon Is ExpensiveSee omnystudio.com/listener for privacy information.
Annaline van der Poel, the COO of Debt Rescue joined Clarence Ford on air for more on their survey results revealing a grim impact of soaring electricity prices. See omnystudio.com/listener for privacy information.
Politicians at the upper levels of government have failed to deal with the cost-of-living pressures faced by Australians, including all the major components of high inflation such as electricity prices and the high cost of housing. Rather than deal with the underlying core issues, our elected representatives prefer to wait until an election is looming and then throw cash donations at voters to give the impression of dealing with the core problems. At the previous federal election three years ago, Anthony Albanese and his colleagues promised to bring down power prices. But electricity costs have continued to rise - so now, with an election due soon, the PM is splashing the cash to give the appearance of action. This is one of a number of vote-buying measures that are adding to government spending, which adds to inflationary pressures and is likely to see interest rates higher for longer. And that means impacts not only on families with mortgages but also tenants with higher and higher rents – all of which adds to the inflation spiral. Three years in government and Anthony Albanese, Jim Chalmers and their pals have failed to make even the slightest dent in all the big issues in real estate. Housing affordability is the worst ever. Vacancies are at historic lows. Rental affordability is the worst ever recorded. The cost of building new homes is at record levels, with a new house and land package costing close to a million dollars – and over 40% of that cost is government taxes, fees and charges. Every time a government makes a decision that impacts on these problems, they make them worse, not better. The Federal Government is now proposing to donate some of our tax dollars to first-home buyers facing that problem of the worst housing affordability ever recorded. It's had three years to deal with the fundamental causes of poor affordability, including the hideously high cost of building new homes, but has achieved nothing. So now they're bringing on a cash splash, dressed up as a measure to combat poor housing affordability. But it will do nothing to deal with the fundamental issue, which is the high cost of housing. Indeed, many analysts argue that grants to first home buyers fuel demand and therefore price rises, making the underlying problem worse. What the country needs, in times of high inflation, high interest rates and high housing costs, is measures to deal with the core problems – not handouts in the lead-up to an election, which is tantamount to putting a band-aid on a broken leg.
Macro Crude: Understanding Finance and The Global Economy (Oil, Stocks, Commodities, Currencies)
China is making a significant leap in its renewable energy policy with the release of a new landmark directive focused on market-oriented reform of wind and solar electricity prices. This podcast episode dives into the details of the February 9th notice, titled 'Deepening the Market-oriented Reform of New Energy On-grid Electricity Prices' (新能源上网电价市场化改革的通知). For years, China's renewable sector thrived on subsidies and guaranteed purchase agreements tied to coal-fired power benchmarks. This new policy marks a pivotal shift towards market-based mechanisms, aiming for a more sustainable and efficient integration of renewables. We explore the novel concept of the 'Price Settlement Mechanism for Renewables Sustainable Development' (新能源可持续发展价格结算机制), a system drawing inspiration from the Contract for Difference (CfD) models used in the UK and Germany, but adapted with #ChineseCharacteristics. This mechanism intends to replace the traditional guarantee purchase, potentially offering revenue stability for wind and solar developers through a fixed "strike price" determined via competitive auctions. If market prices fall below this level, generators receive a top-up, and if prices rise above, they pay back the difference.We'll discuss the directive's timeline, requiring all provinces to implement their own version of this RE Price Settlement Mechanism by the end of 2025. The crucial question remains: will these new price levels be higher or lower than the previous coal-benchmark tariffs?In the short term, this policy is expected to accelerate the decline in electricity tariffs in China, allowing the nation to capitalize on the rapidly decreasing costs of renewable energy. We delve into how this rulebook will govern renewable energy participation in China's power market, covering aspects from mid-to-long-term contracts to spot market trading and the role of green power certificates and provincial RPS. The policy also thoughtfully differentiates between existing and new renewable energy projects (post-June 2025) to ensure a smooth transition. Ultimately, this market-oriented pricing strategy aims to drive greater renewable energy adoption and ensure grid stability. Interestingly, the policy makes no mention of carbon pricing, highlighting the current limitations of China's carbon market within its broader power sector deregulation efforts. Join us as we unpack this crucial development and its potential impact on China's energy landscape and the global renewable energy transition.
The Cyprus News Digest in collaboration with the Cyprus Mail
The cost of the Vassiliko project goes up AGAIN, but while the government assures us it's doing everything to reduce sky-high electricity bills, how honest is it being? From April 2nd, you may need an Electronic Travel Authorisation to enter the UK.
The Australian Energy Regulator is lifting the caps on how much retailers can charge for electricity from July 1, which could mean increases of as much as 8.9% for some consumers. Angelica Waite speaks with Shukla Poddar from UNSW to find out more, plus SBS Finance Editor Ricardo Gonçalves discusses the day's market action with Scott Phillips from The Motley Fool.
The Australian Energy Regulator is lifting the caps on how much retailers can charge for electricity from July 1, which could mean increases of as much as 8.9% for some consumers. Angelica Waite speaks with Shukla Poddar from UNSW to find out more, plus SBS Finance Editor Ricardo Gonçalves discusses the day's market action with Scott Phillips from The Motley Fool.
Daragh Cassidy, head of communication, Bonkers.ie
SSE Airtricity has announced it is increasing energy prices for both electricity and gas customers from April 2nd. The changes will see a typical electricity customer's bill increase by 10.5%, and a typical gas customers' bills rising by 8.4%. We hear more from our Consumer Affairs Correspondent Aengus Cox...
RTÉ Consumer Affairs Correspondent Aengus Cox unpacks the latest CSO wholesale price figures.
Lester Kiewit speaks to Chris Yelland, energy analyst and managing director at EE Business Intelligence, about what measures Electricity Minister Kgosientsho Ramokgopa could realistically put in place to ensure the electricity price remains affordable for ordinary South Africans.See omnystudio.com/listener for privacy information.
Gary Tanguay Fills In On NightSide with Dan ReaRight now the Canadian tariff on energy imports has been paused for 30 days, but if that does go into effect, it could have a broad impact on New England energy costs. Nearly 10 percent of New England's electricity is imported from Canada. How can businesses and residents save money on electric bills this winter? Demorian Linton, the CEO of Inertia Resources, Inc. joined Gary to discuss.Ask Alexa to play WBZ NewsRadio on #iHeartRadio and listen to NightSide with Dan Rea Weeknights From 8PM-12AM!
Send us a textThe Reykjavík Grapevine's Iceland Roundup brings you the top news with a healthy dash of local views. In this episode, Grapevine publisher Jón Trausti Sigurðarson is joined by Heimildin journalist Aðalsteinn Kjartansson, and Grapevine friend and contributor Sindri Eldon to roundup the stories making headlines in recent weeks.On the docket this week are:✨ Update on Diego the Cat!✨ The Icelandic Police uses a taser for first time!✨ Increase energy prices!✨ 10.000 empty apartments in Iceland!✨ A gigantic green warehouse blocks residential building and other zoning issues!✨ Women in power!✨ More!------------------------------------------------------------------------------------------SHOW SUPPORTSupport the Grapevine's reporting by becoming a member of our High Five Club: https://steadyhq.com/en/rvkgrapevine/You can also support the Grapevine by shopping in our online store: https://shop.grapevine.is------------------------------------------------------------------------------------------WHO ARE WE?The Reykjavík Grapevine is an alternative monthly magazine, bringing you all the news and views on Icelandic society, music, travel, culture and more. Grapevine.is #rvkgrapevineThis is a Reykjavík Grapevine podcast.The Reykjavík Grapevine is a free alternative magazine in English published 18 times per year, biweekly during the spring and summer, and monthly during the autumn and winter. The magazine covers everything Iceland-related, with a special focus culture, music, food and travel. The Reykjavík Grapevine's goal is to serve as a trustworthy and reliable source of information for those living in Iceland, visiting Iceland or interested in Iceland. Thanks to our dedicated readership and excellent distribution network, the Reykjavík Grapevine is Iceland's most read English-language publication. You may not agree with what we write or publish, but at least it's not sponsored content.www.grapevine.is
This is our last podcast of 2024! We will be back in the new year with a look back at 2024 and the energy themes we will be watching in 2025.For the last podcast of the year, we welcome Elliot Mainzer, President & Chief Executive Officer, California Independent System Operator (CAISO).California has integrated a large share of renewables into its electricity supply. As of 2023, almost 50% of California's power generation came from renewables. Renewable power generation includes solar (19%), hydro (15%), wind (6%), geothermal (5%), and biomass (2%). Jackie and Peter asked Elliot: What is your expectation for future renewables growth? What is the future of natural gas generation? Is transmission able to keep up with the addition of new power supply? Do you expect changes under the Trump administration could speed up the permitting for new transmission projects? Are you concerned about the pace of demand growth and what is driving the acceleration? Is it fair to say that high renewables penetration has caused California to have expensive power prices? Alberta is making market changes to address the growth of renewables; how did California address these issues with market design in a way that continued to create a compelling investment opportunity for renewables? How much electricity does California currently receive from Alberta and British Columbia?Content referenced in this podcast:Statement from CanREA on concerns about punitive market and transmission changes in Alberta, including a link to a Direction Letter from Minister Nathan Neudorf (December 10, 2024)Opinion: Alberta needs solar and wind to meet demand by Vittoria Bellissimo and Evan Wilson, December 12, 20242023 Total System Electric Generation for California (California Energy Commission) Please review our disclaimer at:https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsAmazon MusicSpotify
A round-up of the main headlines in Sweden on December 11th 2024. You can hear more reports on our homepage www.radiosweden.se, or in the app Sveriges Radio Play. Presenter: Dave RussellProducer: Kris Boswell
Hopes a glut of tomatoes in South Australia will ease as trade resumes to other Australian states, more Australian wine sold than produced last year, as the industry draws down on stored wine, and fertilizer manufacturer Orica looks to manufacture offshore due to escalating Australian gas and electricity prices.
I've been reading a report the OECD released this morning, and it's occurred to me that, if we want our businesses to survive, there is a very simple thing we could or should be doing to help. When I say we, I'm meaning the government upfront. But, for this to happen, I think we'd all pretty much have to agree to it as well. That's because it would mean giving businesses a better deal on something that all of us have to pay for —whether we own a business or not— and that's electricity. So this report I'm talking about is the OECD's 2024 economic outlook. There was one earlier in the year and Volume 2 came out at 5 o'clock this morning. It assesses how things are in all of its member countries and one of the key messages that comes through loud and clear is that, if we want to see better economic times here in New Zealand, we need to do something about the electricity market. You'll remember how earlier in the year some manufacturing plants shut their doors when wholesale electricity prices went up so much that they were seven times higher than what they'd been 12 months earlier. This report seems to focus on futures electricity prices – or “forward prices” as they're also known. Which is when electricity users can sign-up for a set price for their electricity for a certain period of time. The idea being that big businesses especially know what their power bills are going to be, and they don't get surprised or caught out by “spot prices” - which are the prices charged for electricity that vary from hour to hour. So the futures market is a bit like fixing your home mortgage instead of having it on a floating rate. Interestingly, this OECD report talks about futures electricity prices being a problem but my recollection of the manufacturing closures this year is that they were forced by spot price increases. Either way, the OECD says electricity prices are a significant problem – which is why I think all businesses, big and small, should get government subsidies for their electricity bills. In fact, one of the headlines in the report —in bold— says it is essential to tackle high electricity prices. Here's a direct quote, and bear in mind that these comments are specific to New Zealand. The report says: “High futures electricity prices for industry will exacerbate productivity problems by weakening business investment, especially in the green and digital transitions, as electricity is a core input for both.” “The electricity regulators and the government have launched reviews of the electricity market. Despite previous reforms to improve competition, electricity futures prices are high and above the threshold considered sustainable for the economy in the long run.” The OECD report also says: “These reviews should re-examine separating the generation and retail operations of large electricity companies to boost competition in the futures market and provide industry with more hedging options.” For me, what it says there about separating the power generation and power selling arms of the big power companies is a no-brainer. And Associate Energy Minister Shane Jones has already been making noises about that. But can you imagine how long that is going to take? Which is why I think that, in the more immediate term, we should all be subsidising businesses for what they pay in power. We should be doing that because businesses are vital for the economy. We should be doing it because businesses keep our smaller communities, especially, alive. When small-town businesses go, so do the people. And not just for the big outfits, we should be subsidising the power costs for every business. More than 90% of all businesses in New Zealand are small-to-medium enterprises. Now I know the way the tax system works, businesses already get subsidised power in some respects, being able to claim back the GST they pay on their power bills. But I don't think that goes far enough. And I know that business is all about the free market and making a go of things on your own, but when you've got the OECD saying today that power prices have been and will continue to be an impediment to economic growth in this country, then you have to listen to that. More importantly, you have to do something about it. Which is why I would be more than happy for all businesses in New Zealand to have cheaper power bills ASAP through electricity subsidies. See omnystudio.com/listener for privacy information.
It's ironic that we mention the Commerce Commission yesterday and here we are today, indulging in a bit more of its madness. Lines charges, the cost of getting power to your house, is going to get more expensive. Your bill will rise for the next handful of years by up to $85. That's over $1,000 a year. Is your power better? No. Do you get more power? No. You just pay more. Why? Because the Commerce Commission decided they are going to let Transpower and local lines companies charge more so they can invest in new infrastructure. They will be allowed to raise just shy of $6 billion. There are a few ironies with this: 1) We also, says the Commission, understand the importance of incentivising business to invest and improve and meet consumer demands. What?! You don't think they would charge this and more if they could? And what incentive? Transpower are a monopoly. They have no incentive to improve anything. 2) The $6 billion is way more than it should be. What should it be? Under $3 billion. Why? Because 55% of what Transpower is doing is because of higher inflation and interest rates. And what is 55% of $6 billion, roughly? Now, how did we get those? That's right - Adrian Orr. If you want yet another tangible example, as the Labour Government and Adrian Orr years of incompetence roll on, then here you are. $3 billion worth, that is for nothing other than admin and fees. Stuff that should not have happened if the approach in Covid hadn't been as grandiose and wasteful and plain idiotic. More inflation than we ever needed, leading of course to interest rates we shouldn't have had to try and bring back to Earth, entirely as a result of the Covid approach that crippled the country. Yes, there are plenty of intangibles like morals, behaviours, mental health and school attendance. But we are also paying Transpower $6 billion to do what they should have done anyway. Awesome economics in an awesome economy. See omnystudio.com/listener for privacy information.
We talk to Darragh Cassidy of Bonkers.ie.
Billy Kelleher, Fianna Fail MEP for Ireland South; and Lynn Boylan, Sinn Féin MEP for Dublin, debate electricity prices in Ireland.
Irish households pay the most expensive net electricity prices in the EU, according to the latest Eurostat report. We discuss this with Darragh Cassidy is Head of Communications at Bonkers.ie.
On Monday's show: We dive into the political battle happening over the delayed execution of Robert Roberson.Also this hour: Last week we discussed why choosing an electricity provider in Texas can be complicated and intimidating. Today, we revisit how we got to this point after the state deregulated the retail electricity market and consider how that truly affected energy prices in the state.Then, columnist Dwight Silverman discusses recent developments in consumer technology.And Jeff Balke recaps the Texans' important divisional matchup with the Indianapolis Colts.
In this week's episode, host Kristin Hayes talks with Jesse Buchsbaum, a new research fellow at Resources for the Future, about how consumers respond to changes in electricity prices. Buchsbaum discusses the responsiveness of electricity consumers to prices in the short and long term, the role of pricing in driving long-term changes in consumption habits and investments in electric appliances, the importance of pricing for effective policymaking, and differences in the sensitivity of consumers to price changes depending on income. References and recommendations: “Are consumers more responsive to prices in the long run? Evidence from electricity markets” by Jesse Buchsbaum; https://jesse-buchsbaum.com/files/job_market_paper.pdf “How Long 'Til Black Future Month?” by N. K. Jemisin; https://www.hachettebookgroup.com/titles/n-k-jemisin/how-long-til-black-future-month/9780316491341/ “The Fifth Season” by N. K. Jemisin; https://www.hachettebookgroup.com/titles/n-k-jemisin/the-fifth-season/9780316229296/ “Poverty, by America” by Matthew Desmond; https://www.penguinrandomhouse.com/books/675683/poverty-by-america-by-matthew-desmond/
Shane Jones says "structural change" to the energy sector is definitely on the agenda following the closure of two central North Island mills. Winstone Pulp has confirmed it's closing its two mills near Ohakune, with 230 people set to lose their jobs. Jones says the Government can't control factors like global commodity prices, foreign exchange rates, and global shipping logistics. But the Regional Development and Associate Energy Minister told Mike Hosking the power of large "gentailers" needs to be broken up to make energy prices more competitive. He says the aluminium sector is looking towards importing, there's uncertainty for corn growers, and the country's biggest gas user Methanex has been facing issues. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Recorded on August 16, 2024 https://youtu.be/1z8gu8-Iz0g In episode 114 of the PetroNerds podcast, Trisha Curtis, CEO of PetroNerds, is joined by Chris Brown, VP of Policy and Research at the Common Sense Institute, to discuss the recent report Trisha co-authored on Colorado's declining energy competitiveness. Energy is not just a sector of the economy; it is the sector upon which all businesses rely. Colorado, along with the rest of the US, has witnessed a dramatic escalation in electricity and natural gas prices, despite natural gas prices being near all-time lows, below $/mcf, for multiple months this year. In this podcast, Trisha and Chris discuss the main themes of this report, including the rising electricity and natural gas prices in Colorado, which are making the state less competitive from an energy cost standpoint. They also discuss where electricity is coming from in Colorado and the direct correlation between rising electricity costs and the increase of wind power into the grid. Finally, they talk about Colorado's CO2 emissions, which account for less than 0.3 percent of global emissions, and how Colorado shutting down coal-fired power plants is actually enabling higher CO2 emission growth out of China, increasing the cost of electricity and power generation in Colorado, decreasing grid reliability, and reducing the affordability of energy in the state. The data is damning and alarming, and folks in Colorado need to be reaching out to the PUC, Xcel, and their local representatives, demanding a halt to more wind and solar power being added to the grid at the expense of the Colorado consumer, taxpayer, and household. The report, along with all the detailed charts and analysis, can be found here: https://commonsenseinstituteco.org/wp-content/uploads/2024/07/CSI-Report-CO-Energy-Competitiveness.pdf. Listen on Itunes
Daragh Cassidy, Bonkers.ie / Dr Muireann Lynch, Senior Research Officer at the ESRI
It emerged yesterday that from October household electricity prices will increase by €100. Is there anything that can be done to bring down the cost and why exactly is this happening? We speak to Muireann Lynch, Energy Economist and Senior Research Office with ERSI.
PJM Interconnection, covering states from Illinois to New Jersey, announced the staggering prices and revealed that the energy mix is 48% natural gas, 21% nuclear, 18% coal, 1% solar, and 1% wind, with the remainder coming from other sources. What's our return-on-investment for the “green transition”? Follow Jacki: X: @JackiDailyHost TruthSocial: JackiDaily Rumble: TheJackiDailyShow YouTube: TheJackiDailyShow Instagram: JackiDaily Facebook: The Jacki Daily Show
The Prime Minister says all options are on the table for tackling the energy crisis. Wholesale electricity prices have surged in recent weeks as hydro lake storage nears record lows. Christopher Luxon says he's pulled the industry together for discussions about rationing and transferring gas where it needs to go. He told Mike Hosking they're looking at a series of short term measures to ensure supply can meet demand. Luxon says the bigger question is what medium to long-term measures need to be taken to ensure energy security. On another note, the Prime Minister says congestion charging could boost productivity and clear up the roads. Transport Minister Simeon Brown has confirmed the Government's introducing legislation this year to allow for so-called "time of use charging". It'll allow councils to propose charges for using certain roads at certain peak hours. Luxon told Hosking congestion results in slower deliveries and other economic issues. He says if it's done right, congestion charges can result in an 8-12% reduction in congestion. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Soaring energy prices have been a topic of conversation at the moment as multiple mills are at risk of shutting up shop. Regional Development Minister Shane Jones has issued a warning to generators, telling them to sort it out or else the Government will get involved. Nicola Willis and Simeon Brown have stated that they're making inquiries into the situation, and Winston Peters has gone a step further and accused electricity generators of anti-competitive behaviour and accused them of profiteering on the backs of people who have to pay their power bills. Senior Political Correspondent Barry Soper told Heather du Plessis-Allan that this should end with Labour coming to the table and the supporting the government in lifting the ban they made on oil and gas exploration. LISTEN ABOVE See omnystudio.com/listener for privacy information.
The Government could be importing liquefied natural gas to relieve businesses struggling with high power prices. An Auckland paper recycling pulp mill with 75 staff is proposing to close. Ohakune's Winstone pulp and timber mills are also at the brink of closure, putting 300 jobs on the line. Both blame sky rocketing increases in power prices over the years. Finance Minister Nicola Willis told Mike Hosking she understands the Government may have to go to drastic measures like importing gas to give relief for businesses. She says she's hearing there's a lot of pain and pressure being felt by businesses because of these high prices. Willis is also tempering expectations for public servant pay increases. The Government's written to public sector agencies ahead of collective negotiations saying they must keep spending reined in, and any increases should be based on performance. It follows thousands of jobs being cut in the sector to meet Government budget cuts. Willis told Hosking agencies need to be realistic about the challenges in the economy. She says in the past public sector pay increases have risen ahead of those in the private sector, and that's not right. LISTEN ABOVE See omnystudio.com/listener for privacy information.
The Tangiwai and Karoio pulp and timber mills are owned by Winstone and employ around 300 people, mainly in the Ohakune area. However, the company said its electricty costs have gone up 600% since 2021, and it's simply too expensive to stay open, Ruapehu District Mayor Weston Kirton speaks to Lisa Owen.
Sara-Jayne is joined by Mayoral Committee Member for Energy, Alderman Xanthea Limberg to talk about the rising cost of electricity.See omnystudio.com/listener for privacy information.
A cold spell across Australia's south-eastern states has led to record demand in the national electricity market. The latest inflation indicator highlights a rise in electricity prices over the 12 months to May of around 6.5 per cent - an outcome tempered by government rebates. But an update by the Australian Energy Regulator, flagging a 23 per cent rise in the cost of producing energy, is triggering concerns about the flow-on cost to consumers, Here are the latest details on this in our current Affair Explainer today…. - ඕස්ට්රේලියාවේ අග්නිදිග ප්රාන්ත සිසාරා පැතිර යන අධික ශීතල කාලගුණික තත්ත්වය හේතුවෙන් විදුලිබල ඉල්ලුම වාර්තා ගත ලෙස වැඩි වී තිබෙනවා. 2023 වසරේ මැයි මාසයේ සිට 2024 වසරේ මැයි මාසය දක්වා වූ මාස 12 ක කාලය තුළ විදුලි බිල සියයට 6.5ක් ඉහළ ගොස් ඇති බව උද්ධමන දර්ශකය විසින් පෙන්නුම් කොට තිබෙනවා. විදුලි බලය නිපදවීමට වැය වන මුදල සියයට 23 කින් ඉහළ යාම නිසා එම වියදම පාරිභෝගිකයාගේ කර මත පැටවෙන වන බව Australian Energy Regulator හෙවත් ඕස්ට්රේලියානු බලශක්ති නියාමකයන් පවසනවා. අද දවසේ අපගේ කාලීන විග්රහය තුළින් මේ පිළිබඳ නවතම තොරතුරු ඔබට දැන ගැනීමය හැකියාව තිබෙනවා.
On this West Virginia Morning, electricity prices in West Virginia have increased faster than the rate of inflation. A recent report concluded that the state's heavy reliance on coal is the reason. Curtis Tate spoke with the report's author, Brendan Pierpont, director of electricity modeling for Energy Innovation Policy and Technology. The post Electricity Prices And A Look At New Film Office's Impact On This West Virginia Morning appeared first on West Virginia Public Broadcasting.
Electric Kiwi is shutting its doors to new customers, blaming soaring wholesale energy prices. The power retailer says prices have increased by nearly 50% in the past six months, and it has now reached a point where every new customer would lose it money. It says the big four gentailers —Mercury, Contact, Meridian and Genesis— all made over $2 billion in record profits last year. Electric Kiwi CEO Luke Blincoe told Mike Hosking the Electricity Authority and Commerce Commission have allowed market failure to happen under its watch. He says we rely on the market to deliver an essential service efficiently and that's not happening with the current distortions. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Matt Hanson, VP of Business Development at DuraPlas, joins the show to discuss a new survey revealing 74% of Americans are unprepared for increased summer energy costs. He offers insights on rising electricity prices, the importance of regular HVAC maintenance, and how DuraPlas products fit into the HVAC industry.
Join us on The Marc Cox Morning Show with guest host Ryan Wrecker for a dynamic episode featuring three insightful interviews. Matt Hanson, VP of Business Development at DuraPlas, shares findings from a new survey revealing that 74% of Americans are unprepared for increased summer energy costs. Hanson provides valuable insights into rising electricity prices, the importance of regular HVAC maintenance, and the role of DuraPlas products in the HVAC industry. Next, Hilton Beckham from the Americans First Policy Institute discusses Donald Trump's ongoing legal challenges, the Supreme Court's immunity decision, and the politicization of the judicial system. Finally, Sue Thomas joins us for the "History of the Lou" segment, highlighting Crown Candy Kitchen. Discover the rich 110-year history of this iconic St. Louis establishment, its famous menu items, and its enduring popularity.
The Consumer Advocacy Council is calling on the Electric Authority to step up to ensure power companies are being transparent. NZIER research reveals the rules intended to shine a light on whether the big electricity companies are inflating prices, aren't working. Gentailers —companies that both generate and sell electricity— are required to disclose the price they use internally to sell power to their retail arms. Consumer Advocacy Council Chair Deborah Hart told Mike Hosking that gathering this information isn't enough. She says to make proper sense of the data, the Electric Authority needs to make a pricing benchmark. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Gov. Chris Sununu's office recently celebrated some data that, according to them, showed that New Hampshire's electricity prices are low compared to other states, thanks to state energy policies. But the numbers raised eyebrows among some reporters. And a federal judge ruled this week that a law restricting how New Hampshire schools teach about racism and sexism is unconstitutional. The ACLU and state teachers union sued over this law, and this is the first court ruling to strike down a law of this kind in the nation. We discuss these stories and more on this week's edition of the New Hampshire News Recap.
Daragh Cassidy, Head of Communications with Bonkers.ie, outlines the latest reductions in electricity and gas prices from SSE Airtricity.
Recently, Alberta announced significant changes to its power market: short-term changes to stop economic withholding and a long-term redesign of Alberta's deregulated electricity market into a restructured energy market (REM). This week, our guest, Blake Shaffer, Associate Professor in the Department of Economics and School of Public Policy at the University of Calgary, helps us understand these changes.Here are some questions Jackie and Peter asked Blake: Why does Alberta need a market redesign? Was the near-brownout during a frigid weekend in January a sign that the current system is not working? What is “economic withholding” and how does it contribute to higher prices? The REM is expected to have a “day-ahead market,” how does that work? The REM could also have a wide pricing range, from negative prices to ones that exceed the current maximum of $999/MWh. What is the benefit of a wide price range? Do the proposed changes hurt renewable power projects? The REM is also considering changes to transmission; how significant could these changes be? Will the REM changes negatively impact entities that contracted power under the existing rules? What are your views on the Clean Electricity Regulations (CER) legislation, that aims to make Canada's electricity sector net zero by 2035? Please review our disclaimer at: https://www.arcenergyinstitute.com/disclaimer/ Check us out on social media: X (Twitter): @arcenergyinstLinkedIn: @ARC Energy Research Institute Subscribe to ARC Energy Ideas PodcastApple PodcastsGoogle PodcastsAmazon MusicSpotify
Our Consumer Affairs Correspondent Joe Mag Raollaigh on the latest CSO figures
The Artificial Intelligence boom means the need for vastly more computing power. This is leading to a sharp jump in data centers, with a consequent increase in projected electricity demand (see AI Boosts US Energy). Elon Musk noted the pressure this is putting on the supply of electric infrastructure. Electricity is stepped up to very […]
AGL Energy would be very well aware of the public perception issues with its $399 million half-year underlying profit, up 359 per cent at a time when many Australians are struggling with the rising cost of living. The Bureau of Statistics says electricity prices rose 5.7 per cent since the June 2023 quarter, and had it not been for the government's Energy Bill Relief rebates, that increase would have been closer to 18 per cent. The annual rate of inflation is 4.1 per cent. So it was interesting to listen in on the company's earnings presentation today where early on, CEO Damien Nicks highlighted AGL's commitment to increase customer support funding in the face of growing customer cost pressures while also investing in empathy training for its call centre staff. It comes as the federal government announced an extra $41 million in Energy Efficiency Grants for small and medium businesses to help them invest in new cooling and heating technology to help reduce costs and emissions. Hear from AGL Energy CEO Damien Hicks, Telecommunications Industry Ombudsman Cynthia Gebert speaks with Rhayna Bosch in telco complaints, while SBS Finance Editor Ricardo Gonçalves speaks with Damien Boey from Barrenjoey on the day's sharemarket action including China's worsening deflation situation.
Darragh Cassidy, Bonkers.ie
Brian Finn, Business Journalist, reports on the latest price reduction by Electric Ireland.
Before 2025 comes to a close, more than $1.45 trillion in commercial real estate mortgages will have to be renegotiated.(A huge jump in the number of people working from home and ditching the office is at the heart of the commercial property problem. And real estate billionaire Jeff Greene says the Fed's interest rate hikes, and the ensuing shift towards more expensive capital, could rock unprepared and inexperienced investors.) Today's Stocks & Topics: Money Markets, GE - General Electric Co., TSLA - Tesla Inc., Interest Rates, 401k Withdrawal, Short Selling vs. Puts, Profits, Options, HPQ - HP Inc., Employee Stock Purchase Plan (ESPP). Justin's PERSPECTIVE looks back at ELECTRICITY PRICES for the past 100 years. Has the cost been stable?Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy