Energy Market Volatility
November 2024 Electricity Market Review
Market Commentary Electricity spot prices rose substantially across the entire National Electricity Market (NEM), with most states doubling over November 2024. The spot market situation had a knock-on effect on...
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October 2024 Electricity Market Review
Market Commentary The fragility of Australia’s energy grid infrastructure came under the spotlight in October 2024 when Broken Hill suffered a prolonged outage caused by extreme weather events. These events...
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Market volatility rages after extreme weather event causes Loy Yang power station to trip
The National Energy Market’s vulnerability and susceptibility to volatility were fully demonstrated yesterday after a freak storm brought down six transmission towers in Victoria, causing the Loy Yang power station...
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