The Australian government endorsed a global plan to double rooftop solar homes to 300 million by 2030. Australia became the first country to endorse the Global Rooftop Solar Declaration. The government has thrown its weight behind the global movement to increase rooftop solar installations.
The NEM average price settled at $51.30/MWh, falling below the seven-day average of $73.10/MWh. The NEM average ranked lowest for the week. South Australia recorded an average price of -$27.20/MWh, which was the lowest in its seven-day range of -$27.20/MWh to $130.30/MWh. AEMO issued a notice at 17:30 stating that prices for the 17:35 trading interval were subject to review.
New South Wales Premier Chris Minns downplayed the impact of a High Court ruling that blocked the expansion of the Mount Pleasant coal mine. The Premier asserted the decision was based on technicalities. Minns stated the ruling will not alter state-level environmental regulations. Minns added the decision will not alter broader mining approvals.
Eku Energy secured community benefit agreements for two Queensland battery storage projects totalling 2.76 GWh. The developer locked the deals with the Gladstone and Western Downs regional councils. Valo has been awarded a contract for a 1.6 GWh energy storage development.
Transgrid commenced aerial stringing operations for the HumeLink project. Australian drone company Infravision and Leading Edge Helicopters are stringing 9,000 kilometres of conductor for the HumeLink East and West projects. The companies are utilising helicopters and drones to install thousands of kilometres of transmission cabling across steel towers. The deployment marks a construction milestone for the 500 kV interconnector in New South Wales. AGL partnered with Australian food and beverage producer Bega Group to install a 1.2 MW rooftop solar system on a manufacturing facility in Western Sydney under a 15-year power purchase agreement.
South Australian transmission provider ElectraNet achieved a 97.1 out of 100 score in the GRESB Infrastructure Asset Assessment. ElectraNet ranked first among global electricity transmission peers for its environmental, social and governance performance. The Women in Energy and Renewables Summit will take place on 14 and 15 October, returning in 2026 for its third year.
The NEM mean price was $50.70/MWh, with South Australia standing out at -$27.20/MWh. The highest price reached $350/MWh in Tasmania at 20:15, while South Australia recorded 32.8 negative-price hours. New South Wales reached a demand peak of 8,458 MW at 18:50. Renewables provided 49.4 per cent of energy, and batteries discharged 15,129 MWh. The regulation raise frequency control ancillary service spiked to $1,004/MW in Tasmania for two intervals.
Brent Crude increased 3.9 per cent to US$104.10 a barrel.
The AER will review and remake the revenue determination under the Waratah Super Battery project. The regulator stated this will ensure the determinations reflect negotiated amendments to the contractual arrangements. The AER opened its determination for the maximum amount of revenue that Powerlink can earn from customers over the period from 1 July 2027 to 30 June 2032, and is assessing an Essential Energy cost pass-through application for the 2025 North Coast weather event. AEMO closes submissions for its security enablement procedures draft report on 22 October. AEMO closes submissions for its proposal to reclassify east coast gas technical protocol documents on 16 October, and its guide to registration exemptions discussion paper on 13 October.