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    Blogs and News

    October 2023 Electricity Market Review
    October 2023 Electricity Market Review Header

    By Mike Carabott and Ben Wallington | November 8, 2023

    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 …

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    Spring Renewables: Lower Prices, Higher Capacity
    Renewable energy in the spring - Lower prices, higher capacity header

    By Mike Carabott and Krystle Will | November 7, 2023

    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 …

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    Cheaper prices, more renewables and less coal – AEMO Q3 report
    AEMO Q3 2023 Report header

    By Mike Carabott and Krystle Will | November 7, 2023

    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 …

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    Australia’s Energy Market: A Rollercoaster of Volatility and Price Hikes
    Australia's Energy Market - A Roller coaster of volatility and price hikes header

    By Mike Carabott and Krystle Will | October 26, 2023

    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 …

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    Price Cannibalisation: When Oversupply Drives Down Electricity Prices
    Price Cannibalisation header - Solar Panels

    By Mike Carabott and Krystle Will | October 25, 2023

    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 …

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    Coal, renewable energy transmission and emerging technology – Three challenges for the National Energy Market
    Three challenges for NEM - Westerman speech header

    By Mike Carabott and Krystle Will | October 24, 2023

    Replacing retiring coal plants, investment in transmission infrastructure for renewable energy and the growth of new electric technology were three key challenges identified by Australian …

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    Rebidding contributed to six instances of prices in excess of $5,000/MWh in May and June

    By Mike Carabott and Krystle Will | October 23, 2023

    The Australian Energy Regulator (AER) said rebidding by electricity generators contributed to six events where pricing breached $5,000 per MWh, but said this was mostly …

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    Concerns grow around Mount Piper generation capacity due to coal supply mine flooding
    Mount Piper Power Plant

    By Mike Carabott and Krystle Will | October 20, 2023

    Energy Australia has warned that electricity generation may be disrupted at its 1,400 MW coal-fired Mount Piper power plant in New South Wales, adding to …

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    September 2023 Electricity Market Review
    September 2023 Electricity Market Review Header

    By Mike Carabott and Krystle Will | October 4, 2023

    Market Commentary The Bureau of Meteorology has officially declared that Australia is facing an El Niño summer, which could put stress on the National Energy …

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    Concerns that Kogan Creek industrial action could push electricity prices up on the East Coast

    By Mike Carabott and Krystle Will | September 27, 2023

    Workers at CS Energy’s Kogan Creek commenced industrial action on Thursday 21 September, creating concerns over supply to the East Coast. The 16-year-old 750 MW …

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