Energy Market Update

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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June 2024 Electricity Market Review

Market Commentary In June 2024, electricity spot prices climbed in all states across the National Energy Market excluding New South Wales as low renewable output and unplanned generator outages bite. ...

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