Events
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January 2024 sets records
The summer of 2024 has begun, and the month of January has set records at two ends of the spectrum.
3 min read
Market
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Market
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Market Rules and the Numbers
The rules are the rules, but prevailing numbers can move around driven by changes in perceptions. What an ending to the financial year. This article reflects on the rules learnt and then makes observations of the last two quarters in the context of the changing market conditions.
5 min read
Market
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Market finally listening ... and prices slump
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.
1 min read
Market
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Biggest market correction in history
Following the record daily jump in forward prices 16 business days ago, the market had the biggest single day downward correction.
2 min read
Market
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Market players are poking the bear ...
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.
8 min read
Market
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Procuring a better world ...
After a 2-year break, Procurement Australia held their annual conference and invited Carl Daley to speak.
4 min read
Market
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Iceberg Lettuce and Power Prices
Have you wondered what iceberg lettuce prices and power prices have in common? I’m not sure, but they are almost perfectly correlated.
1 min read
Market
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Wind and Solar Farm Performance FY-21/22
The best performing wind farm and solar farm has been derived for the financial year ending 30 June 2022.
1 min read
Market
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Capacity Mechanism needs electric vehicles
The Energy Security Board has released the high-level design for a Capacity Mechanism, but where is the discussion around renewable powered electric vehicles?
5 min read
Market
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Challenging election power prices
Australia has voted for a change of Government, and as the Labor Party settles-in living with the largest crossbench in history, the timing of the handover from the Coalition carries challenging circumstances. Energy prices are no exception.
2 min read
Market
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April market prices surge
The planets have aligned leading to unprecedented market prices in all mainland States, that will add to growing cost of living pressures. Despite election promises of lower power prices, the immediate future is moving in the opposite direction.
3 min read
Market
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Snowy Hydro crushes summer spot prices
Summers are often a very strategic quarter, and this summer is no exception. Our reading of the tea leaves suggest that Snowy Hydro is successfully keeping NSW spot prices contained, to leverage their position.
3 min read
