Carl is a co-founder of SavvyPlus, SavvyBI & Empower Analytics with over 25 years of experience in energy market analytics, with key skills in mathematical modelling and risk management.
As July drew to a close, rays of light penetrated from the 2022 Energy Crisis. Market conditions are easing, but it may be a temporary phase emerging from the winter.
The Energy Security Board has released the high-level design for a Capacity Mechanism, but where is the discussion around renewable powered electric vehicles?
The energy market in the NEM has now progressed from extraordinary to crisis, thereby becoming a topic of discussion at Sunday BBQ’s and Board Rooms across Australia.
Australia has voted for a change of Government, and as the Labor Party settles-in living with the largest crossbench in history, the timing of the handover from the Coalition carries challenging circumstances. Energy prices are no exception.
The Australian east coast energy market has reached an important juncture as the market grapples with the renewable transition and absorbs the global impact of rising energy prices. Origin Energy's CEO Frank Calibri prediction that, “It's going to get messy”, has arrived.
The planets have aligned leading to unprecedented market prices in all mainland States, that will add to growing cost of living pressures. Despite election promises of lower power prices, the immediate future is moving in the opposite direction.
The month of March has been another significant month as Australia has not been immune from the global upward energy price pressures, by experiencing an unparalleled surge in energy costs for the forthcoming Australian winter, which has flowed through to forward prices for the next few years.
Summers are often a very strategic quarter, and this summer is no exception. Our reading of the tea leaves suggest that Snowy Hydro is successfully keeping NSW spot prices contained, to leverage their position.