Apr-21 Energy Market Report

After a tumultuous May-July period for the Australian Electricity and Gas Markets, August was a COVID free walk in the park on a sunny day. In fact, August had many sunny days making for milder weather and softer demand for most regions.

Following a relatively quiet month in July, energy news during August has bounced back with plenty of air-play. Here is our take on the main news.

The largest electricity Price Shock has occurred to the market in Queensland and NSW, while carbon prices continue to surge in all related certificates and there have been no stopping gas prices.