Market Report

To finish off our news summary for 2021, our December report shows the enormous amount of activity that is occurring in the industry, both locally and internationally.

The 2021 rollercoaster continues. Following the rally of prices over many months, October prices stabilised, but now November has continued the upward trend.

Following on from the COP26, Climate news continues to be prominent, followed by Renewables, Finance, Policy and Regulations and several PPAs.

Australia's net emissions policy and consequences have dominated the big news month of October.

The month of October was exceptional in so many facets. Australia's long chequered history in developing a federal energy and emissions plan opened another chapter, in preparation for the COP26 Glasgow summit.

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.

This month has been dominated by news relating to Renewables and Financial aspects of the industry.

After a tumultuous May-July period for the Australian Electricity and Gas Markets, August was a COVID free walk in the park on a sunny day. In fact, August had many sunny days making for milder weather and softer demand for most regions.

Following a relatively quiet month in July, energy news during August has bounced back with plenty of air-play. Here is our take on the main news.

The largest electricity Price Shock has occurred to the market in Queensland and NSW, while carbon prices continue to surge in all related certificates and there have been no stopping gas prices.

The COVID pandemic, associated lockdowns and vaccinations, along with the Tokyo Olympics have dominated the news during the month.

This month has been another action-packed month in the energy market. Below are the key highlights for the month: Highlights…