Level of Risk is Increasing

In our GRC2018 we analysed data from 1st January 1999 to 31st December 2018.  As Theme 2 within Part 2 of that report, we wrote about how the  “The level of Risk in the NEM is escalating”.

 

Here’s a collation of articles speaking to this challenge.



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.



Heightened Risk an increasing feature in the NEM these days…

A full page article in the FinReview today quotes a number of people (including our work in the Generator Report Card) speaking about heightened risk in the NEM. Coincident with this, we see another instance of negative prices in South Australia (which has become increasingly...