Spot prices strengthened in April with a very high portion of price outcomes between $100 to $300/MWh pushing the NEM average April price to $85/MWh compared to $75/MWh for Q1-24. Forward prices significantly rallied during the month. Gas spot prices also strengthened but averaged just below $12/GJ.
This part of our Monthly Report concentrates on spot prices in the wholesale electricity and gas markets. The Highlights section of the report draws out the key movements and events, while the second half of the report presents the charts and tables so you can delve into the data and have a play using the interactive charts.
This part of our Monthly Report concentrates on spot prices in the wholesale electricity and gas markets. The Highlights section of the report draws out the key movements and events, while the second half of the report presents the charts and tables so you can delve into the data and have a play using the interactive charts.
In accordance with our AFSL Authorised Representative obligations we have included a disclaimer and qualified the publisher at the end of this article.
1.0 Highlights
This section summarises the key spot market outcomes for the month.
