The rollercoaster continued during September with skyrocketing gas prices, a rally in LGC prices, and record levels of negative price periods sending wholesale electricity spot prices plummeting.
Sep-21 Energy Market Report
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Nov-24 Generation Report
The NEM expanded its capacity by 121MW in November. Warm temperatures plus extended baseload outages contributed to tight supply-demand balance, driving exceptional NEM Generator-weighted Average price growth in November, with NSW and QLD leading gains.
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Nov-24 Spot Market Report
High prices persisted in the electricity and gas spot markets during November, with extreme electricity spot prices in QLD and NSW, and surging gas spot prices in the STTM. The NEM survived the hottest November on record, but we aren’t out of the woods yet with a hot summer on the radar.
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Market Report
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Oct-24 Generation Report
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.
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