The Weekly Dispatch: Amber Ambitions

In this Weekly Dispatch:

  1. EnergyAustralia has confirmed a $1 billion write down with lower retail margins and higher cost of capital. The latest ACCC inquiry found retailer margins at just 2.3%.
  2. Le Chatelier’s principle.
  3. Lynne Kiesling writes an excellent defence of pay-as-clear electricity markets in response to recent proposals for a shift to pay-as-bid designs.
  4. Amber has raised $29m to scale its business and expand their automation technology.
  5. Podcast of the week: Carbon Copy on surging electricity demand.
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