We noted yesterday about the release of ‘AEMO’s Quarterly Energy Dynamics (QED) for 2024 Q4’. Some of the media articles related to that were published at 00:01 Thursday morning when the embargo was lifted.
Later on the same day, we noticed that the AER had also released its Quarterly Review of 2024 Q4:
The Report | Other Materials |
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You can download the AER’s 34-page PDF of the report here:
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There’s also more information about the AER’s release here on their website (including an XLSX file containing the data related to the report).
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With respect to this AER Quarterly Report, readers might like to note the following….
(A) What AER notes about the report
Coincidentally, the AER released this Media Release ‘Wholesale energy prices fall in southern regions but rise in northern regions’ to accompany the report.
The Media Release notes…
‘… The variation between northern and southern regions this quarter reflected differences in seasonal weather and demand, and interconnector limitations that limited the ability of northern regions to import cheaper capacity from southern neighbours.
By region, compared with the July – September quarter, wholesale electricity prices decreased in SA (60%), TAS (37%) and VIC (54%), largely due to typical changes in seasonal weather and demand.
Conversely, wholesale electricity prices increased in NSW (20%) and QLD (30%). These increases were heavily affected by high price periods that were driven by a combination of factors including low wind conditions and planned network outages.
The reduced availability of coal generation – mostly due to planned maintenance outages – coincided with more volatility in electricity prices across the day, as more expensive fuel types were needed outside hours of high solar generation to meet demand.’
So the report will be of interest to our readers…
(B) Early commentary about the AER’s Quarterly for 2024 Q4
Scanning today (and noting that journalists might have just found it easier to extend/update the articles we noted yesterday (with the QED), we’ve found the following new articles covering the AER report here:
1) Here on WattClarity:
(a) There’s this note, obviously
2) In the AFR I have seen…
(a) Nothing yet (at ~08:30 Friday NEM time), when we hit publish
3) In the Australian I have seen …
(a) Cameron England wrote ‘Wholesale energy prices soar as coal falters and a lack of connection hinder the grid’.
4) In the Guardian I have seen …
(a) Nothing yet (at ~08:30 Friday NEM time), when we hit publish
5) In SMH and the Age I have seen …
(a) Nothing yet (at ~08:30 Friday NEM time), when we hit publish
6) In RenewEconomy I have seen …
(a) Nothing yet (at ~08:30 Friday NEM time), when we hit publish
7) In PV Magazine I have seen …
(a) Nothing yet (at ~08:30 Friday NEM time), when we hit publish
8) In the ABC I have seen …
(a) Nothing yet (at ~08:30 Friday NEM time), when we hit publish
(C) Social Media coverage
If we see something that we think is worthwhile sharing (and have the time) we’ll add a reference in here … but (as a reader and if you come across any useful commentary), feel free to add as a comment?!
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