After more than a year of being completely out of action due to severe faults, Queensland’s Callide C Power Station is poised to return to …
Return of Callide C Power Station: What Impact Will It Have on Wholesale Futures and Spot Prices?
Spring Renewables: Lower Prices, Higher Capacity
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 …
Cheaper prices, more renewables and less coal – AEMO Q3 report
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 …
Australia’s Energy Market: A Rollercoaster of Volatility and Price Hikes
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 …
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 …
Rebidding contributed to six instances of prices in excess of $5,000/MWh in May and June
The Australian Energy Regulator (AER) said that rebidding by electricity generators contributed to six events where pricing breached $5,000 per MWh, but said this was …
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 …
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 …
Federal Government Budget forecasts 56 percent energy hike over two years as Treasurer mulls domestic gas price cap
After the Federal Budget, the Government has tasked the Australian competition watchdog to toughen the current code of conduct covering the gas industry and put …
What are the factors that drive high energy prices and market instability?
In June and July 2022, various events contributed to extremely high energy prices and market instability that resulted in the suspension of trading and price …
