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#Energy

Featured

Renewables the cheapest new-build power in Australia: CSIRO

A new CSIRO report GenCost 2020-21 has found that solar and wind are the cheapest source of energy in Australia based on integration costs of renewables in electricity generation. “Previous GenCost reports added arbitrary amounts of storage costs, but this year we used a model of the electricity system that optimises the amount of storage […]

Ann Wen · 2 min
Entrepreneur

‘Innovate or perish’: Martin Duursma

Martin Duursma is a Partner at Main Sequence Ventures. Prior to Main Sequence Ventures, Martin co-founded Datapac Australasia and then went on to become a senior executive at Citrix after it acquired Datapac. Martin shares his predictions on where Australia’s next breakthroughs in energy, advanced manufacturing and space lie. What are Australia’s biggest industry opportunities […]

Ann Wen · 2 min
Featured

Renewable energy sources will offset increased emissions, experts say

Working from home has increased the use of residential energy across Australia, leading experts to call for households to switch to renewable sources. Through April, residential energy in New South Wales increased by 10 per cent, and in Victoria by 12 per cent. Ross Sharman, the founder of EnergyIQ and an integral member of the […]

Ellie Dudley · 2 min
Locked

Energy consumers in Victoria to receive support until March 2021

The Victorian Essential Services Commission announced this week that it will introduce new mandatory requirements for energy retailers to provide “reasonable” assistance to small businesses in “financial distress” and support for residential customers. On 24 August, the commission released temporary coronavirus pandemic requirements to assist small businesses and residential customers in Victoria on top of […]

Ann Wen · 2 min
Business Tech

Robots could help Aussie businesses save more than $100 million in energy costs

Robots are helping Australian businesses navigate the complex energy market and save millions of dollars in energy costs. Data released today by Australian technology company BidEnergy shows that over the last 12 months robots found savings totalling $2.6 million in 822 instances. For one large enterprise customer, robots found a saving of more than $25,000 […]

Loren Webb · 2 min
Locked

All Energy Expo showcases ‘game-changing’ floating solar solution

Latest news for game changing solution.

Dynamic Business · 2 min
Growth | Import | Export

Opportunities abound in China for Aussie SMEs but on-the-ground relationships are essential

China’s booming economy and rapidly growing middle-class present a wealth of opportunities for Australian businesses, particularly those companies able to tap into the rising demand for high quality goods and services. But many local SMEs with international expansion goals have discovered it’s not as simple as heading overseas and establishing operations. In a culture such […]

Mark Chapman · 2 min
Entrepreneur

Power to the people: Phil Livingston of Redback Technologies on leading an energy revolution

It was while strapped to a gigantic wind turbine that Phil Livingston, the serial entrepreneur behind Redback Technologies, realised his ambition in life – to bring renewable energy to the masses. Founded by Livingston in April 2015, Redback Technologies is in the business of developing intelligent, low cost solar energy solutions for residential and commercial […]

James Harkness · 2 min
Locked

Coalition says new deal will lower electricity bills for SMEs but union warns prices will rise

Energy retailers and generators will be handed “unprecedented power to… control prices and drive up bills” under a new deal announced by the Federal Government, the Electrical Trades Union (ETU) has warned. On Tuesday, Malcolm Turnbull revealed the Federal Government will accept a recommendation of the Energy Security Board (ESB) for a National Energy Guarantee […]

James Harkness · 2 min
Cashflow

Rising energy costs curtailing SME growth; Ombudsman blames price gouging, politics

Research showing that SMEs are reducing capital expenditure due to rising energy prices has prompted criticism of the state governments by the Australian Small Business and Family Enterprise Ombudsman. The Ombudsman, Kate Carnell, pointed to the latest East & Partners SME survey* of 1280 businesses, which showed that 39.5% of SMES plan to scale back […]

James Harkness · 2 min
Expert

Peer-to-peer trading: how it could address the rising cost of electricity for small businesses

The opportunity for small to medium sized businesses to make the switch to solar and batteries is stronger than it has ever been. Similar to households, small businesses typically pay high electricity rates and unlike big businesses, possess less negotiating power on energy retail costs. Small businesses also tend to have tighter budgets when it […]

Emlyn Keane · 2 min
Entrepreneur

Energy startups have to be ‘very smart’ in how they challenge the big retailers: Evergen’s CEO

Evergen is taking advantage of a “once-in-a-hundred-years” opportunity for startups to gain ground against Australia’s legacy energy retailers, its CEO told Dynamic Business. Launched in August, last year, Evergen sells intelligent home energy systems that utilise solar power, batteries and CSIRO technology, which has been exclusively licensed to the energy services startup. Co-founded by Emlyn Keane […]

James Harkness · 2 min
Locked

A dozen start-ups join KPMG accelerator

Twelve start-ups from across Perth and Brisbane have been selected to participate in Energise, an energy and natural resources accelerator program that kicks off today. To help participating start-ups accelerate the development and commercialisation of their products, Energise – an initiative of tax, audit and advisory firm KPMG Australia – will provide access to a mentor panel made […]

James Harkness · 2 min
Business Tech

Five tech waves SMBs should ride next year

New technologies continue to launch in the blink of an eye meaning it isn’t always easy for business leaders to discern which will and won’t advantage their organisation. To help you identify the best tech bets for 2017, here are five guiding principles. 1. Spot the exponential curves and work out the customer value proposition within them Disruption by low-cost competitors […]

Anthony Mitchell · 2 min
Emerging Tech

Modern Office Automation: what’s possible

‘Office automation’ is a term that arose in the 70s and 80s to describe the way that computers were revolutionising workplaces. These days, our computing power is taken for granted, and office automation now refers to a range of new technologies that are already extremely popular in homes and offices all over the world. If you’re […]

Mike Andrews · 2 min
Locked

Businesses said to see cheaper electricity with Government reforms

Australian Government-led reforms to the energy sector are expected to provide businesses and households with cheaper electricity bills, with price determinations to provide a guide on charges.

Guillermo Troncoso · 2 min
Locked

EnergyAustralia and telemarketer fined $1.1 million for misleading consumers

The Federal Court of Australia ruled that Bright Choice, on behalf of EnergyAustralia, called residents in New South Wales, Queensland and Victoria with misleading representations.

Guillermo Troncoso · 2 min
Locked

Keep energy expenditure in check with online tools

The cost of energy is one of the more expensive outlays for small business owners. However, there are many energy saving behaviours which small business owners aren’t doing to full effect.

Stephanie Zillman · 2 min
Locked

Will a carbon tax wreck your business?

I’m watching the carbon pricing debate unfold and am still amazed by the circus that is Australian politics. The entire debate seems to have been hijacked by a star-studded TV ad.

Tim Wolfenden · 2 min
Locked

Businesses must save energy: Victoria challenge

Bendigo Bank and climate change partnership Carbon Down have joined forces to encourage Victorian businesses to reduce their energy use for the dual benefit of protecting against energy price rises and reducing their carbon footprint.

Adeline Teoh · 2 min
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Cashflow

Half of Australian businesses ignore energy efficiency

Almost half of Australian businesses have ignoring environmental concerns as they snub energy efficiency and energy reduction measures.

Paul Hayman · 2 min
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Entrepreneur

South Australian company starts energy evangelism program

South Australian company WinFocus is launching an energy evangelism program to explain the environmental benefits of its Magnetite window insulation system to business.

David Olsen · 2 min