As from October 2021, large-scale energy users will be able to sell scaled-back use of electricity into the grid under the Wholesale Demand Response rule. The rule is set to …
October 2019 Energy Market Review
The National Energy Market (NEM) is a noisy place and keeping track of pricing can be complicated. As Energy Experts, we constantly monitor wholesale futures prices so we can help …
September 2019 Energy Market Review
The National Energy Market was in a state of flux with high volatility throughout September through a combination of a failure in the Bass Strait connector, the announcement of the …
Potential closure of EnergyAustralia’s Yallourn plant sparks fears of Victoria electricity price spike
Fresh worries about the potential closure of Alcoa’s aluminium smelter in Portland could force EnergyAustralia’s Yallourn coal plant to close early and cause an electricity price spike in Victoria. Victoria …
How reliability drives price in our electricity market
The failure of the 500-Megawatt Basslink cable, AGL’s Loy Yang A and the Mortlake gas power station in Victoria has sparked more volatility in the electricity spot price market, and …
January heatwave forces wholesale prices through the roof
January 2019 energy market: National Energy Market future and spot prices soared after parts of Melbourne experienced a blackout over 23-25 January during a particularly brutal heatwave. The spike in …
Market Wrap November 2018 – Continued drought, very low output from Snowy push futures prices up
Market wrap: Very mild weather conditions across Australia throughout the months of October and November led to reduced demand across the National Energy Market. But other factors were at play …
Market Wrap September 2018
Market wrap: Temperatures around Australia have started to warm up and that has led to lowered demand as people turned down their heaters, but futures prices are still trending upwards. …
Energy gaming by generators cost Australian consumers $3.4 billion between 2013 and 2017
Electricity generators deliberately manipulated the National Energy market by bidding, withdrawing bids to create artificial scarcity, and rebidding to force prices upwards in a process called ‘energy gaming’ which has …
Energy network industry leaders call for reforms to the way electricity is paid for
Energy network industry leaders have said that reforms are needed in the way electricity is paid for to ensure that the maximum benefit is made from increasing investment in rooftop …