CS Energy’s Callide C3’s partial and gradual return to service has been delayed until January 24, with the management citing hot and wet weather, the …
November 2023 Electricity Market Review
Market Commentary November 2023 was eventful for the electricity market with a scrapped $10.6-B bid for Origin Energy, the Federal government subsidising a 32 GW …
El Niño could drive electricity demand up to extreme one in 10 year high – AEMO
The Australian Energy Market Operator (AEMO) has cautioned that the upcoming El Niño summer might lead to a surge in electricity demand, reaching a level …
Victorian Labor Launches State Electricity Commission: A Renewables-Focused Reboot
In a significant move that marks a turning point in Victoria’s energy landscape, the Victorian Labor government has officially launched the State Electricity Commission (SEC), …
Australia sets new solar and wind energy generation record in October
Warm and windy temperatures in October delivered a new large-scale solar and wind energy generation record of 4,271GWh, which coincided with spot and futures pricing …
October 2023 Electricity Market Review
Market Commentary Very low demand and oversupply of renewables throughout the month of October led to very soft spot pricing, which in turn put negative …
Spring Renewables: Lower Prices, Higher Capacity
Spring brings about a notable change in the energy landscape as demand for electricity decreases and solar power production surges, with the oversupply resulting in …
Cheaper prices, more renewables and less coal – AEMO Q3 report
Reduced wholesale prices, reduced operational demand and declining coal versus ascendant renewables were the most salient points in The Australian Energy Market Operator’s (AEMO) Q3 …
Australia’s Energy Market: A Rollercoaster of Volatility and Price Hikes
Australia’s National Electricity Market (NEM) continues on an unpredictable journey, taking the title of the world’s most volatile energy market. Rystad Energy, a leading energy …
Price Cannibalisation: When Oversupply Drives Down Electricity Prices
As rooftop solar, commercial solar, wind and batteries take a more prominent role in electricity markets, price cannibalisation is becoming more frequent. This has radically …