May-24 Spot Market Report

May-24 Spot Market Report

May was marked by extreme price volatility in NSW where the CPT was exceeded on 8 May triggering Administered Pricing, while low wind generation contributed to high average spot prices in the southern states despite lower demand levels. Gas spot prices soared averaging above $13/GJ for all regions.

This part of our Monthly Report concentrates on spot prices in the wholesale electricity and gas markets. The Highlights section of the report draws out the key movements and events, while the second half of the report presents the charts and tables so you can delve into the data and have a play using the interactive charts.

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

Great! Next, complete checkout for full access to EnergyByte
Welcome back! You've successfully signed in
You've successfully subscribed to EnergyByte
Success! Your account is fully activated, you now have access to all content
Success! Your billing info has been updated
Your billing was not updated