Eric Chan - EnergyByte (Page 4)

Aug-23 Energy Market Report

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 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

Market Report paid

Annual Market Report Part 1 - Spot Prices

Jay Ros, Carl Daley, Eric Chan

This is the first part of our Annual Market Report and focuses on spot prices where not surprisingly, 2022 set records across all regions of the NEM.

16 min read Jan 23, 2023

Market Report paid

Nov-22 Energy Market Report

Jay Ros, Carl Daley, Eric Chan

November was another busy month in the energy markets. Energy news and announcements were very prevalent in the media, many of which were covered in our busy November edition of Energy Market Bytes with some of the highlights included in the Market Report below.

26 min read Dec 9, 2022