EnergyByte

On the 24 October we wrote an article about the market poking the bear and acting as if it is tone deaf to Government actions. Well, it appears the market had a Cochlear ear implant, and is now listening.

Following the record daily jump in forward prices 16 business days ago, the market had the biggest single day downward correction.

Market players have been poking the bear, and the bear has responded which will destroy future value for private entities, and the high energy prices place the economy at risk, at a time when it can least afford it.

After a 2-year break, Procurement Australia held their annual conference and invited Carl Daley to speak.

Have you wondered what iceberg lettuce prices and power prices have in common? I’m not sure, but they are almost perfectly correlated.