2020 Annual Market Report
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Market Report
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Feb-24 Generation Report
In February VIC and SA solar farms had a big uptick in weighted average prices. Wind weighted average prices were also higher for all regions except QLD. VIC maximum generator outages were exceptionally high due to the Loy Yang A outage caused by a forced trip on 13 Feb.
11 min read
Market Report
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Feb-24 Spot Market Report
Summer finally arrived for the southern NEM states, forcing Victorian transmission lines to topple on 13 Feb and when combined with the extreme heat, resulted in significant price volatility. The FCAS market in SA also experienced volatility on 13 Feb, racking up more than $6m in costs.
15 min read
Market Report
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Feb-24 Financial Market Report
Forward prices rallied in QLD and NSW during February as a result of strong demand and high spot prices. VIC prices were affected by the massive power outage on 13 Feb with the Q1-24 price jumping $20/MWh. In contrast, SA forward prices continued to free fall with all tenors approaching $80/MWh.
6 min read