Energy Market Update
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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September 2024 Electricity Market Review
Market Commentary Electricity spot prices tumbled dramatically in September 2024 compared to the previous month of August while wholesale futures remained stable thanks to cool temperatures, low demand and abundant...
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August 2024 Electricity Market Review
Market Commentary Australia’s electricity markets experienced significant volatility throughout August 2024, driven by an unusual confluence of record wind generation and unseasonably hot weather in northern states. These factors...
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July 2024 Electricity Market Review
Market Commentary Electricity spot prices dropped in all states across the National Electricity Market except South Australia as low renewable output recovered throughout July 2024. Winds, in particular, picked up...
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