We just witnessed another eventful Q2, with at least four drivers contributing to significant price volatility. This is our annual review of Q2 prices, where we compare these outcomes against the long-term trend.
On Monday 19th June the AEMO published a Market Notice relating to Industrial Action at Longford.
AEMO issues another ‘Threat to System Security’ notice for the gas market … which might flow through to electricity.
With respect to yesterday’s ‘Notification of Potential Gas Supply Shortfall Event’ and this evening’s tight supply-demand balance in the NEM, worth noting this AEMO tweet at 17:50 this evening: … which links to this short update on the AEMO website,…
There’s been some movement in AEMO’s forecast Lack of Reserve positions for tomorrow (Thu 2nd June 2022) but the outlook still seems to be tight…
A short article to mark today’s publication of the GSOO 2022 by the AEMO, and some initial coverage of it.
A short article marking (yet) another volatile evening in the NEM in this ‘elephant’ of a Q2 2021… now with some added challenges for gas-fired generation.
When markets operate normally, a sharp rise in the price of any commodity triggers a boom in exploration, development and new supply. But this is not seeming to happen in response to high domestic gas prices. In this article, guest author (Graeme Bethune) examines why.
Some thoughts by our guest author, about possible reasons why Engie did not bid full output of Pelican Point power station into AEMO on Wednesday 8th February (i.e. the time at which load shedding eventuated).
This is the lowest I can remember seeing the STTM gas price at the Brisbane hub!
A few thoughts from another guest commentator (Paul Taliangis @ Core Energy) about where gas-fired generation volumes look set to go.
Our Managing Director spoke at the “Australian Energy & Utility Summit 08” in
Sydney on Tuesday 22nd July 2008, touching on a number of issues including the Emissions Trading System and the possible emergence of a NEM heavily dependent on gas
supplies, which might be unreliable.