Jay Ros - EnergyByte (Page 3)

Jan-24 Financial Market Report

Record demand and extreme prices in January drove up the QLD forward market and to a lesser degree NSW, while down south in VIC and SA, a weak summer has driven forward prices towards the floor. The market has since decided these high prices cannot be sustained and forward prices have nosedived.

5 min read Feb 8, 2024

Market Report paid

Annual Market Report Part 3 - Generation and Demand

Jay Ros, Eric Chan, Carl Daley

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

15 min read Jan 25, 2024

Market Report paid

Annual Market Report Part 2 - Financial

Jay Ros, Eric Chan, Carl Daley

This second part of our Annual Market Report focuses on the Financial aspects of the market by addressing the performance of financial derivatives, followed by an analysis of environmental certificate prices.

14 min read Jan 15, 2024

Market Report paid

Annual Market Report Part 1 - Spot Prices

Jay Ros, Eric Chan, Carl Daley

The Australian energy market continued to recover during 2023 from the extraordinary global energy crisis it faced in 2022. Electricity and gas spot prices softened but remained high compared to pre-2022 levels.

12 min read Jan 10, 2024

Market Report paid

Nov-23 Generation Report

Jay Ros, Eric Chan, Carl Daley

448MW of new generation capacity in November pushed the total for 2023 higher than recent years, in a record year for battery storage totalling 847MW. The weighted premium for solar generation improved as daytime prices climbed. This month we also take a look at battery performance across the NEM.

8 min read Dec 14, 2023

Market Report paid

Nov-23 Spot Market Report

Jay Ros, Eric Chan, Carl Daley

Electricity spot prices rose in November, as lower levels of VRE generation was replaced by gas-powered generation, although the increase in GPG did not prevent gas spot prices from softening from around $12/GJ to $9/GJ. Highlights from energy market news feature significant updates for the market.

11 min read Dec 11, 2023

Market Report paid

Nov-23 Financial Market Report

Jay Ros, Eric Chan, Carl Daley

November 2023 was the second most heavily traded month in history as the market softened throughout the month. Spot prices for Q4-23 continue to fail to deliver to previous market expectations.

4 min read Dec 5, 2023

Market Report paid

Oct-23 Financial Market Report

Jay Ros, Eric Chan, Carl Daley

Electricity spot prices continued to fall well short of market expectations in October, driving down the Q4-23 forward price. The sentiment of the market outlook is mixed with some Regions strengthening and others softening.

5 min read Nov 21, 2023

Market Report paid

Oct-23 Spot Market Report

Jay Ros, Eric Chan, Carl Daley

Could this be the calm before the storm? Low demand and high renewable generation crushed electricity spot prices during October, but how long can it last? El Niño continues to threaten a hot and dry summer with AEMO's Summer Outlook painting the picture of a market on a knife's edge.

15 min read Nov 17, 2023

Market Report paid

Sep-23 Spot Market Report

Jay Ros, Carl Daley, Eric Chan

Our Monthly Report continues with Spot Market prices where a mild September and high VRE generation brought softening electricity prices, while gas spot prices have fallen to pre-2022 price levels due to soft demand, high production and storage levels, price caps and softer international prices.

17 min read Oct 19, 2023

Market Report paid

Sep-23 Financial Market Report

Jay Ros, Carl Daley, Eric Chan

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