Josh Stabler of EnergyEdge spoke at the Energy Users Association of Australia (EUAA) conference in Melbourne this morning.
Josh’s presentation titled “the timeline of energy scarcity’ was focused on rising spot and futures prices throughout the NEM – highlighting the evolution of Queensland’s quarter-to-date (1 Apr – 9 May 2022) spot price average, which currently sits at $255/MWh. Forward curves for the region are also elevated with the next eight quarters in excess of $100/MWh.
It’s a similar story in the other three mainland regions of the NEM where spot prices are also at elevated levels – New South Wales at $225/MWh, Victoria at $149/MWh and South Australia at $162/MWh.
Josh posted the video below prior to his presentation at the EUAA conference.
About our Guest Author
|Joshua Stabler is the Managing Director at Energy Edge.
He has extensive experience in supply-side market operations for the electricity and gas sectors, and as an advisor and system developer in the Australian energy industry.
You can view Josh’s LinkedIn profile here.