Wholesale electricity prices are at a six-year low, but market volatility and price hikes are likely to return in the medium term as coal becomes unprofitable and power plants close …
Wholesale electricity prices to remain stable until 2023 if big batteries, hydro, and gas- peaking plants firm up renewables
The volume of renewable energy generated, rooftop solar uptake, falling coal and gas prices and lower demand have all contributed to wholesale electricity spot prices, which are currently the lowest …
Energy Market Wrap March 2019: Budget fails to address distribution and supply issues
Market Wrap March: Futures prices for wholesale electricity are climbing across the board as the National Energy Market braces for a forecast El Nino weather event in May and a …
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. …
It’s official – Renewable energy will be cheaper than coal
A recent report by the Australian Energy Market Operator (AEMO) has established that renewable energy will be cheaper than coal in the near future and that the energy mix – …
April electricity rates update
Electricity rates – Futures prices dropped in New South Wales, Queensland, South Australia, and Victoria from 1 April through to May 17. The biggest drop was experienced in New South …
Electricity rates update – January 2018
Electricity rates – Futures prices dropped in all states under review from 1 January 2018 through to 12 February 2018. The biggest drop was experienced in New South Wales with …
Tripling electricity price increases put forecast drops into serious doubt – how can you protect your business?
Businesses facing paying up to a triple electricity price increase when renewing electricity contracts are putting serious doubts on forecasts that energy tariffs will become cheaper in the second half …
Electricity rates update: November 2017
Electricity rates: Futures prices dropped slightly in all states under review in November apart from South Australia. The biggest drop was experienced in Queensland with 2%, followed by Victoria and …
Wholesale electricity prices expected to drop under new 5-minute trading interval
Wholesale electricity prices in Australia will be traded at an interval of 5 minutes as from 1 July 2021, replacing the current 30-minute interval system. The Australian Market Commission said …