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?
generator hedge levels
In my third post, I look at hedge levels – and how to infer them. Hedge levels will, to a large extend, define bidding behaviour unless there are physical issues with the plant.