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 …
Spring Renewables: Lower Prices, Higher Capacity
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 …
September 2023 Electricity Market Review
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 …
Concerns that Kogan Creek industrial action could push electricity prices up on the East Coast
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 …
El Niño summer could cause rolling blackouts in Victoria and South Australia – AEMO
The Australian Energy Market Operator has warned that Victoria and South Australia could face rolling blackouts as an El Niño Summer will bring hot and …
South Australia experiences the first instances of new $16,600 electricity spot market price cap
South Australia became the first state in the National Energy Market to experience the new electricity spot market price cap of $16,600/MWh. New South Wales …
Eraring extension recommended and Loy Yang underwritten till 2035
The NSW government-commissioned review of the state’s electricity network has recommended an Eraring extension, Australia’s largest coal-fired power station, while the Victorian government has pledged …
July 2023 Electricity Market Review
Market Commentary Weak electricity spot prices throughout July 2023 were triggered by several factors, including the New South Wales Coal cap, and weaker winter demands …
Readiness for 100 per cent instantaneous renewables is key to renewable energy transition
The Australian Energy Market Operator has outlined four key action points to accelerate the transition from fossil fuels to 100 % renewable energy, emphasising instantaneous …
June 2023 Electricity Market Review
Market Commentary Record amounts of wind generation contributed to a solid electricity supply in June, leading to substantial price drops in the wholesale and spot …
