2020 Annual Market Report
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Market Report
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Jun-24 Generation Report
NEM fossil fuel generation ramped up to offset the lowest wind generation for June in seven years. In Tasmania, hydro generation fell to the lowest level since 2009, Tamar Valley fired up for the first time in five years, and energy imports from VIC were the highest for June since 2017.
13 min read
Market Report
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Jun-24 Spot Market Report
Electricity and gas spot price volatility intensified in June. The portion of electricity spot prices around $300/MWh swelled pushing average monthly prices beyond $150/MWh. Average daily gas hub prices hit $28/GJ in Sydney and Melbourne after AEMO announced a gas supply risk for the coming months.
15 min read
Market Report
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May-24 Generation Report
There were 861MW of new generation connections in May. Despite rising wind and solar Generator-Weighted-Average prices, most NEM regions continued to have large discounts to their Time-Weighted-Average prices. Additionally, most NEM regions reported lower wind and solar curtailment rates.
15 min read