The forgotten market and its critical role in Australia’s transition to clean energy
Anita, Lachlan, and Gilles from ERM Energetics share their thoughts on how financial electricity derivatives must evolve as the energy transition speeds up.
ASX Energy
ASX issues response to AEMO announcement of Market Suspension
Following yesterday’s announcement of Market Suspension by the AEMO, ASX issued this response … but I’ve only had time to copy this in now: ASX Electricity Futures and Options – Response to AEMO announcement Notice reference number: 0649.22.06 Date published: 15/06/22 Effective…
Blast off! Q3 base-load futures contract prices jump $30/MWh to $40/MWh on Wednesday 25th May 2022
Prompted by a tweet from Dylan McConnell, here’s a trended look at price and volume for baseload ASX Energy futures contracts for Q3 2022 (and the picture’s not pretty).
April market prices surge
Guest author Carl Daley from EnergyByte provides this summary of record-setting spot price outcomes throughout April. Carl also looks at how generator outages, rising global LNG and thermal coal prices, and other factors are putting pressure on spot prices.
Discussion about electricity prices – following the Callide C4 Catastrophe
Discussion in a number of different places (including an AFR article today) prompted me to pull some data together of how (spot and futures) prices have trended through 2021, and how they changed with the Callide C4 problems.
Will the traditional ‘Peak’ contract be another casualty of this Energy Transition?
Prompted by several different conversations offline in early 2021, I’ve taken a quick look at what have been traded volumes (on ASX) of the traditional ‘PEAK’ hedge contract for the NSW, QLD, VIC and SA regions. What does this tell us about a market view of the energy transition?
Package of “reduce electricity prices in QLD” measures seen to reduce hedge contract prices
A quick look at how the wholesale contracts market reacted to the announced bundle of measures by the Queensland Government, aimed at reducing the cost of electricity to energy users.
With the closure of Hazelwood looming, hedge contract prices climb skywards
Ominous signs for spot price outcomes through Q2 2016 in Victoria, as hedge contract prices climb prior to the imminent closure of Hazelwood.
One example of how price spikes in the physical market flow through to the financial market
Illustrating how the price spike on 14th January flowed through to hedge contract prices.