EnergyByte

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.

Happy New Year to everyone as we recap on the major news items from December.

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.

The prospect of price caps is dominating the industry discussion, but meanwhile there was plenty of other activity across the market.

Structural market changes were announced by Federal and State Governments. More prominent Government ownership and the acceleration of expanded transmission all featured. Forward market prices were extremely volatile during the month but appear to have peaked.

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

Following an unprecedented second quarter in the energy market, the third quarter settles down, but finished as the second-highest price period in the market's history. Forward market prices continue to rise.

After a tumultuous winter for the Australian energy markets, the electricity and gas spot markets simmered down during August.