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.
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?
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.
Ominous signs for spot price outcomes through Q2 2016 in Victoria, as hedge contract prices climb prior to the imminent closure of Hazelwood.
Illustrating how the price spike on 14th January flowed through to hedge contract prices.