It was a remarkable year in the electricity futures markets as we experienced record-low prices – the lowest in five years, throughout 2020. In November, we observed that all states …
October 2020 Energy Market Review
October saw the emerging pattern of record-breaking renewable energy output, and low operational demand start to form into a solid trend. New minimum operational demand records were set in Victoria …
September 2020 Energy Market Review
It has been another busy month in the Australian energy markets. Energy futures prices fell from mid-September as the Morrison Government announced a suite of policies to support the ‘gas-led …
August 2020 Energy Market Review
Energy futures markets remain at rock-bottom prices, and we are continuing to secure ridiculously low contracts for our clients. “The deals we are securing are incredible. I haven’t seen anything …
July 2020 Energy Market Review
Hopes of an early return to normal economic life faded in July as the second wave of Coronavirus rolled across Victoria and possibly into NSW. Energy futures markets have largely …
June 2020 Energy Market Review
Energy price volatility has crept back into the electricity futures markets after a short period of relative stability. The easing of lockdown restrictions combined with some minor unplanned outages sent …
May 2020 Energy Market Review
Soft spot prices and rock bottom futures continued into the first half of May with mild weather, COVID-19 restrictions and plentiful supply all playing a part. AEMO released an analysis …
April 2020 Energy Market Review
Wholesale electricity prices continue to tumble as the energy market anticipates a COVID-19-induced reduction in demand. While demand in the National Energy Market is down for April, the reduction seen …
Energy Market Wrap March 2019: Budget fails to address distribution and supply issues
Market Wrap March: Futures prices for wholesale electricity are climbing across the board as the National Energy Market braces for a forecast El Nino weather event in May and a …
The National Energy Guarantee and its effect on businesses
The Government’s National Energy Guarantee (NEG) has raised more questions than it has answered, with electricity futures rising by a national average of 2.5% up to the year 2020 since …