Some yo-yo action in NSW baseload electricity futures
An update on LinkedIn by an electricity retail broker (Choice Energy) prompts this update on NSW electricity futures price movements.
trends in price volatility
Thar she blows! NSW hits the CPT and enters Administered Pricing (until Wed 15th May at least) … I think for only the 2nd time ever?
At 19:55 (NEM time) on Wednesday 8th May 2024, the NSW region commenced Administered Pricing for ENERGY and 10 x FCAS commodities, following a rapid spell of spot price volatility.
Updated trend of ‘ENERGY’ bids in red, green and blue
Last Tuesday 23rd April 2024 I spoke with an audience organised by BofA Securities with respect to ‘Risk, Uncertainty and Volatility in the energy transition’. Here’s one illustration of why the spread of spot prices in the NEM has been increasing in recent years.
QLD volatility Sunday evening explodes past the Cumulative Price Threshold (CPT)
A quick article Sunday evening as the Cumulative Price for the QLD region skyrockets ever so close to the Cumulative Price Threshold…
Anatomy of an Energy Crisis, Australian style – part 1
Let’s start with this broader analysis of this 2022 Energy Crisis by looking at the long-term series of monthly average spot prices across all regions…
Morning price volatility in South Australia on Tuesday 17th May 2022
A quick look at market volatility in the South Australian region of the NEM on Tuesday 17th May 2022.
Eating the NEM’s Q2 Elephant – An Appetizer
An old adage runs that to eat an elephant, it’s best to proceed in small servings. With a very eventful Q2 in the NEM not yet finished, the number of headline events is already large enough – unexpected price volatility…
Discussion about electricity prices – following the Callide C4 Catastrophe
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.
Brief recap on the historical trend in spot prices in the NEM
Some analysis of the way in which prices in the Australian National Electricity Market have trended over time, from as far back as 1994 (in the markets that were precursors to the NEM).
Post written to provide some context to considerations about where prices are headed for the future…