Energy Market Update
February 2025 Electricity Market Review
Market Commentary The average price of wholesale electricity futures covering the National Electricity Market (NEM) has dropped by 6.8 percent since the start of the calendar year. In fact, prices...
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January 2025 Electricity Market Review
Market Commentary Electricity spot pricing in January 2025 dropped across all states in the National Electricity Market (NEM) compared to December 2024, with the trend extending to the wholesale futures...
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December 2024 Electricity Market Review
Market Commentary December spot prices dropped in all states apart from South Australia after very high prices in October and November. Electricity prices in December 2024 were on average much...
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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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