‘Landmark moment’: Renewables’ record surge sends power prices tumbling

‘Landmark moment’: Record renewables drive down cost of power

Renewables and batteries met more than half of power demand in the national market for the first time over the December quarter, driving down wholesale prices.

‘Landmark moment’: Renewables’ record surge sends power prices tumbling

Electricity prices in eastern Australia have fallen sharply amid record-breaking contributions from renewables and large-scale batteries.

Renewables power half of the grid as prices plummet

Image: FiledIMAGE/stock.adobe.comThe Australian Energy Market Operator (AEMO) has offered a clear perspective of the electricity landscape through its latest Quarterly Energy Dynamics (QED) report. The report highlights how renewables have surpassed […] The post Renewables power half of the grid as prices plummet appeared first on Energy Magazine.

Clean energy conquers coal as Australia's NEM delivers historic 51% renewables quarter

The Australian Energy Market Operator (AEMO) has announced that renewable energy sources supplied more than half of the quarterly energy demand in the National Electricity Market (NEM) for the first time.

Turning point: renewables surge to >50% of supply, wholesale power prices plunge, grid resilient to heatwaves

There was a watershed moment for Australian energy transition this week as the Australian Energy Market Operator released its energy dynamics report for the December quarter of 2025: Renewables comprised more than half of energy supply in the quarter, driving down wholesale electricity prices by nearly half. Coal-fired generation was down 4.6% year on year, falling to an all-time quarterly low. Gas-fired generation plunged 27% to its lowest leve…

Milestone as renewables supply over half Australia's grid

The Australian Energy Market Operator (AEMO) has revealed stunning figures showing renewables supplied more than half Australia’s energy supply for the first time, driving down wholesale electricity prices in the National Electricity Market (NEM). AEMO’s latest Quarterly Energy Dynamics report shows wholesale electricity prices averaged $50/MWh across the NEM, a $39/MWh (-44%) reduction from Q4 2024 and a $37/MWh (-43%) decline from Q3 2025. The…