Electricity spot prices reflect the current market cost determined by supply and demand, whereas electricity futures prices predict the cost of electricity at a future …
What’s the difference between electricity spot market and futures market rates?
ACCC investigating electricity retailers to ensure wholesale price drop is passed on to consumers
The Australian Competition and Consumer Commission (ACCC) is investigating electricity retailers’ prices to ensure that recent wholesale price drops are being passed on to customers. …
Bitcoin mining in Australia – Could rock-bottom wholesale electricity prices kickstart the industry?
The recent historic six-year lows in wholesale electricity prices have suddenly made Bitcoin mining in Australia a very real possibility, especially if mining labs are …
Has Australia’s energy gentailer business model passed its used-by date?
The landscape in Australia’s electricity market is undergoing a seismic shift at present with cheap renewable energy flooding into the market and causing some serious …
Wholesale electricity prices to remain stable until 2023 if big batteries, hydro, and gas-peaking plants firm up renewables
The volume of renewable energy generated, rooftop solar uptake, falling coal and gas prices and lower demand have all contributed to wholesale electricity spot prices, …
Wholesale electricity prices expected to drop under new 5-minute trading interval
Wholesale electricity prices in Australia will be traded at an interval of 5 minutes as from 1 July 2021, replacing the current 30-minute interval system. …
Businesses could make substantial energy cost savings under NEG as modelling predicts wholesale prices will drop 23%
Wholesale electricity prices could drop by up to 23% between 2020 and 2030 according to independent modelling on the Federal Government’s National Energy Guarantee leading …
