Hazelwood closure announcement reflected in MT PASA capacity forecasts

The rumours alluded to in yesterday’s post turned into formal announcements today on the closure of Hazelwood at the end of March 2017.  Plenty of chatter on social media about that today, as could be expected.

Briefly checking the forward view in the physical market in ez2view, we see the big step change forecast in available capacity now with the withdrawal of all units at Hazelwood slated to be removed at the same time:

Closure of Hazelwood power station reflected in an ez2view widget

Will make for “interesting” bid pattern, and pricing changes from Q1 to Q2 2017…

About the Author

Paul McArdle
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time. As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.

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