The unsuspension of the market is a useful time to reflect on ‘how we got here’ … starting with this 18-month trend of daily average spot prices.
Only ~11 weeks after the end of Q2 2021 we’re still exploring details of the extreme price outcomes. Here’s some of the ways in which solar PV played a significant role in the price outcomes delivered.
Now making it 5 out of the past 6 years, we return to the analysis of electricity (spot and futures) pricing patterns for Q2 periods across the NEM regions … and also in Western Australia. We see a number of ways in which Q2 2021 was ‘anything but boring’!