As seen in The West Australian (Mercer August 1, 2017) electricity provider Synergy could be hit with fines totalling hundreds of thousands of dollars after the economic watchdog yesterday alleged it may have abused its market power.
As announced by the Economic Regulation Authority (ERA), an investigation into price-quantity offers Synergy submits in the Wholesale Electricity Balancing Market has commenced.
As seen in The West Australian (Opinion 12 June, 2017), competition is always a good thing. It forces us to do our best. A monopoly renders people complacent and satisfied with mediocrity.
As seen in The West Australian (Mercier November 22, 2017), WA Energy Minister Ben Wyatt has indicated household electricity prices could have to rise by up to 15 percent within two years as part of moves to allow people to choose where they buy their power from.
Energy Minister Ben Wyatt confirmed yesterday the Muja AB power station in Collie would be shut in September next year as part of moves to retire more than 400MW of generating capacity owned by Synergy.
As seen in Business News (Mckenzie May 05, 2017) 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
As seen in The West Australian (Mercer April 12 2017), the WA Independent Power Association has called on the State Government to end a practice that allows Synergy to offer the wholesale electricity market a single price from across its fleet of power plants.
As seen in The West Australian (Caporn February 17 2017), the WA Independent Power Association wants the Liberal and Labor parties to commit to full retail competition by July 2019.
As seen in The West Australian (Mercier, 27 February 2017), private power companies want which ever party wins the WA election to reduce to the foot print of Synergy to increase market competition.
As seen in The West Australian (Emerson and Tillett, 09 February 2017), WA Labor is attempting to climb down from a 50 per cent renewable energy target committed to in October