The month of October was exceptional in so many facets. Australia's long chequered history in developing a federal energy and emissions plan opened another chapter, in preparation for the COP26 Glasgow summit.
Oct-21 Energy Market Report
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Market Report
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Slip, Slop, Slap for Summer
The forth coming summer will be the next pivotal point in the market. Perceptions of the risk have softened and the Q1 quarter price has heavily traded down. Will summer bite and short players get sunburnt, or will Cal-26 and onwards reflect a lower risk premia?
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Nov-25 Generation Report
November added 824 MW to the NEM. High renewable output met low operational demand, creating severe pricing dislocation. Solar assets faced deep discounts against TWA prices and record-high curtailment rates. VIC registered its highest November net exports to NSW in five years.
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Oct-25 Generation Report
October added 400 MW to the NEM, with BESS accounting for 70% of the new generation in 2025. Gladstone announced that it may retire as early as 2029. Solar GWA improved, but southern wind farms suffered from larger TWA discounts. VIC's export capacity in October continued its multi-year decline.
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