Aug-24 Generation Report

Aug-24 Generation Report

NEM capacity grew by 1,678MW in August. With temperatures rising, energy demand dipped, while consistent strong winds boosted supply, resulting in large curtailments and declined Generator-Weighted Average prices in most NEM regions. TAS still depended on VIC energy exports due to hydro shortage.

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.

In accordance with our AFSL Authorised Representative obligations we have included a disclaimer and qualified the publisher at the end of this article.

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