Energy futures markets remain at rock-bottom prices, and we are continuing to secure ridiculously low contracts for our clients. “The deals we are securing are incredible. I haven’t seen anything …
July 2020 Energy Market Review
Hopes of an early return to normal economic life faded in July as the second wave of Coronavirus rolled across Victoria and possibly into NSW. Energy futures markets have largely …
June 2020 Energy Market Review
Energy price volatility has crept back into the electricity futures markets after a short period of relative stability. The easing of lockdown restrictions combined with some minor unplanned outages sent …
May 2020 Energy Market Review
Soft spot prices and rock bottom futures continued into the first half of May with mild weather, COVID-19 restrictions and plentiful supply all playing a part. AEMO released an analysis …
How COVID-19 affected excess daytime solar energy generation
The COVID-19 pandemic has impacted all aspects of life as we know it, but surprisingly, electricity demand in Australia and excess daytime solar energy generation has remained constant. Analysts are …
Q2 Electricity prices: Wholesale energy up 8% over 2018
Q2 2019 Electricity Prices: Wholesale electricity and gas prices are up 8 percent over the same quarter last year despite a large increase in solar and wind generation across the …
Why are Energy Retailers choosing to pay a fine rather than meeting their renewable energy quotas?
A big question doing the rounds is why are energy retailers choosing to pay fines rather than meeting their renewable energy quotas? It is interesting to see that a growing …
Record wholesale electricity and gas prices despite low demand
The Australian Energy Market Operator’s latest analysis of the National Energy Market has revealed that gas and electricity prices have been driven up to record highs by the cost of …
Why did Victoria experience a power blackout and why wasn’t it averted?
The National Energy Market’s Reserve Trade Demand Response mechanism was not enough to prevent a power blackout in Victoria in January, and the breakdown of a number of coal-fired plants …
Demand Response: It’s time to open up the market
Demand Response has been touted by Australia’s Energy Market Operator (AEMO) as one of the measures that can help the power grid remain stable during periods of stress caused by …