Oct-22 Energy News Bytes

Monthly news for October covers a wide range of issues including possible price caps, Government initiatives in transmission and power station ownership.

The sections of the report are listed on the left of the page to assist with navigation and include:

Renewables
Hydrogen
Generation
Interconnectors
Gas market
Financial
Policy & Regulation
Climate
Global

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Oct-24 Generation Report

Heather Wang, Eric Chan, Carl Daley

The NEM expanded its capacity by 167MW in October. While demand remained at historical lows, Generator-weighted Average prices strengthened across most regions. VIC continued to experience persistent negative prices, causing energy flows to shift towards regions with more favourable pricing.

12 min read Nov 13, 2024

Market Report paid

Oct-24 Spot Market Report

Jay Ros, Eric Chan, Carl Daley

Mild sunny weather led to record low minimum demand for the NEM as well as record lows in VIC and SA. Meanwhile QLD and NSW continued to separate from the rest of the NEM with significantly stronger power spot prices. Gas spot prices continued to rise with average prices around $13/GJ in October.

13 min read Nov 13, 2024

Market Report paid

Sep-24 Generation Report

Heather Wang, Eric Chan, Carl Daley

NEM capacity grew by 340MW in September. Strong winds and mild weather led to lower demand and extensive curtailment, depressing Generator-Weighted Average prices. Many farms increased reliance on Large-scale Generation Certificates for revenue. TAS transitioned from importer to net exporter to VIC.

12 min read Oct 16, 2024