The NEM continues to wait for the first new generation connection for 2024, marking the longest stretch with no new connections since 2018. Wind and solar generators performance fell in April with larger discounts to the spot price. In brighter news, wind and solar curtailment continues to fall.
This part of our Monthly Report concentrates on generation, where the Highlights section draws out the key takeaways from new generation and retirements, planned outages, generator performance, curtailment, technology mix, and hydro storages. The second half of the report outlines the charts and tables for further perusal.
1.0 Highlights
This section is a summary of monthly generation which can help tell the story of the drivers of price outcomes in the spot market.