Carl Daley - EnergyByte (Page 4)

Sep-23 Financial Market Report

Continuing low spot prices impacted forward expectations despite the warnings of bushfires, a hot summer and possible shortages. Last October the forward market peaked, but this October is set for a downhill run as Spring conditions of plenty of wind and increasing sunshine prevail.

6 min read Oct 12, 2023

Market Report paid

Aug-23 Energy Market Report

Jay Ros, Carl Daley, Eric Chan

The electricity market bucked the trend in August with stronger spot prices and bullish activity in the electricity forward market. Revised ESOO reliability outlooks have seized the market's attention and turned attention to generator and State Government negotiations around retirement dates.

31 min read Sep 19, 2023

Market Report paid

Jul-23 Energy Market Report

Jay Ros, Carl Daley, Eric Chan

Contrary to 12-months ago, market prices have softened and are failing to live up to the market's previous expectations. Forward power prices have softened although are often able to demand a material premium because of the perceived heightened risk.

31 min read Aug 14, 2023

Market Report paid

Jun-23 Energy Market Report

Jay Ros, Carl Daley, Eric Chan

The spot prices for the financial year were the highest on record for NSW, VIC, SA and TAS, and the second highest for QLD. The June month set a new record for wind generation, pushing spot prices down and exceeding Brown Coal generation. Read on for further detail.

25 min read Jul 11, 2023

Market paid

Market Rules and the Numbers

Carl Daley

The rules are the rules, but prevailing numbers can move around driven by changes in perceptions. What an ending to the financial year. This article reflects on the rules learnt and then makes observations of the last two quarters in the context of the changing market conditions.

5 min read Jul 6, 2023

Market Report paid

May-23 Energy Market Report

Jay Ros, Carl Daley, Eric Chan

May-23 was a story of increases across the energy market. Electricity spot prices were the highest year-to-date for all mainland NEM regions, forward electricity contract prices rallied across the NEM, and ancillary services costs for May were the highest year-to-date.

24 min read Jun 20, 2023

Market Report paid

Apr-23 Energy Market Report

Jay Ros, Carl Daley, Eric Chan

Despite mild weather, low demand and high solar generation during April, the wholesale electricity spot market continued to deliver strong prices in Qld and NSW, while Vic and SA were around the median of the last seven years, and Tas lower.

21 min read May 16, 2023

Market Report paid

Mar-23 Energy Market Report

Jay Ros, Carl Daley, Eric Chan

March continued where February left off, with a softening forward electricity prices, gas prices, and LGC prices. But that all turned around in the last week of March with electricity, gas and LGC prices rallying strongly.

25 min read Apr 17, 2023

Market Report paid

Feb-23 Energy Market Report

Jay Ros, Carl Daley, Eric Chan

February was a relatively quiet and uneventful month in the energy market despite prices being tested by seasonably high demand in Vic and SA. Wholesale electricity and gas spot prices remained subdued, while the electricity forward market and the LGC market continued to soften.

22 min read Mar 30, 2023

Market Report paid

Jan-23 Energy Market Report

Jay Ros, Carl Daley, Eric Chan

2023 is well underway and the 2022 Energy Crisis now seems to be a thing of the past. Electricity spot prices, forward prices, gas prices, and LGCs all continue to soften as the year gets off to a promising start.

22 min read Mar 6, 2023

Market Report paid

Annual Market Report Part 3 - Generation and Demand

Jay Ros, Carl Daley, Eric Chan

This report is the third and final part of our Annual Report series, and focusses on generation, demand and reserve levels. There are 7 components of the report providing a range of insights and conclusions.

16 min read Feb 8, 2023

Market Report paid

Annual Market Report Part 2 - Financial

Jay Ros, Carl Daley, Eric Chan

This second part of our Annual Market Report focuses on the Financial aspects of the market by addressing the performance of financial swap and cap derivatives, before assessing environmental certificates.

14 min read Feb 2, 2023