Reviewing price patterns in Q2 2022 … anatomy of an Energy Crisis
After many years in a row, we return (in the midst of the ‘2022 Energy Crisis’) to review the pricing patterns in the NEM and the WEM for Q2 2022.
high electricity prices
What (I believe) is the real cause of our energy crisis – and what should we do?
Tristan Edis of Green Energy Markets explains his thoughts on what has caused the evolving energy crisis and what state and federal governments could do in response.
La Nina is the main cause of high electricity and gas prices
Guest author David Leitch examines the effects of recent rain and how it has disrupted coal production along the east coast.
Tight supply-demand balance on Monday evening 30th May 2022 drives prices high and IRPM low
A very quick summary of market volatility touching all regions across Monday 30th May 2022 … but particularly in the evening.
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).
AER publishes final determination for the 2022-23 Default Market Offer
A short note to coincide with AER publication of Default Market Offer (DMO) for the 2022-23 financial year.
Victoria’s Essential Services Commission increases Electricity Default Offer for Victorian consumers
A short article about the release of the Default Offer from the Essential Services Commission for Victoria for the 2022-23 financial year.
Victorian spot gas hits $34.84/GJ on 9th July – flowing through to electricity spot prices in mainland regions
Electricity prices are up this morning across the mainland, with one of the main contributors being high spot gas prices.
Looking back at a Q2 2021 period that’s been anything but boring
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’!
It’s good news that time-weighted average prices for Q2 2020 are down on prior years – right?
Spurred by a number of concurrent requests I’ve returned to the pattern of prior analysis of Q2 prices (completed in 2016, 2017 and 2018) to look at what’s changed for Q2 2020 that’s just ended. Some stakeholders clearly taken by surprise. Analysis includes the SWIS in Western Australia
Longer-term trends of low (and high) dispatch prices in the NEM across all regions.
Our various dashboard views of the NEM (NEMwatch, ez2view and deSide) have been showing what’s seemed like increasing numbers of zero and negative prices in the NEM recently – particularly in QLD. Coupled with this we’ve seen various commentary on social media. Hence we took a more statistical look at what’s actually been changing…
Monday 9th July sees yo-yo prices in South Australia
Some brief analysis of today’s price volatility seen in the South Australian region of the NEM
If I were going to perform an objective review of what happened last Thursday 18th and Friday 19th, here’s a couple things I would look into…
A starting list of all the factors I would like to delve into, in order to perform an objective review of what happened last Thursday and Friday in Victoria and South Australia
A selected (and evolving) chronology of the QLD Government’s involvement in the QLD Generation sector
Here’s a chronological record of key aspects of government involvement in the generation sector within Queensland.
If I was going to assess Factors Contributing to the “truly remarkable” Q2 2016 prices, here are some starting places I’d look…
A starting list of factors that I’d look further into, if I was sucked into the “rabbit hole” of assessing all of the contributing factors leading to the Remarkable Prices seen in Q2 2016 – and which could continue into the future.