Carl Daley

Carl is a co-founder of SavvyPlus, SavvyBI & Empower Analytics with over 25 years of experience in energy market analytics, with key skills in mathematical modelling and risk management.
119 posts
Carl Daley
Latest posts
May-24 Spot Market Report
Market Report paid

May-24 Spot Market Report

May was marked by extreme price volatility in NSW where the CPT was exceeded on 8 May triggering Administered Pricing, while low wind generation contributed to high average spot prices in the southern states despite lower demand levels. Gas spot prices soared averaging above $13/GJ for all regions.
16 min read
Apr-24 Spot Market Report
Market Report paid

Apr-24 Spot Market Report

Spot prices strengthened in April with a very high portion of price outcomes between $100 to $300/MWh pushing the NEM average April price to $85/MWh compared to $75/MWh for Q1-24. Forward prices significantly rallied during the month. Gas spot prices also strengthened but averaged just below $12/GJ.
14 min read
Mar-24 Financial Market Report
Market Report paid

Mar-24 Financial Market Report

The electricity forward market rallied in the southern states as news of potential gas shortages for Victoria circled in the media. Q1-25 traded most heavily during the quarter, especially for QLD which remains stubbornly high despite the return of Callide C3 and the expected return of C4 this July.
6 min read
Mar-24 Spot Market Report
Market Report paid

Mar-24 Spot Market Report

March was the least eventful month for Q1-24, with lower spot prices for most of the month apart from a Labor Day long weekend heatwave for VIC and SA, and some oppressive humidity hitting QLD later in the month. Both occasions coincided with low levels of VRE resulting in high price volatility.
15 min read
Summer Reflections
Battery public

Summer Reflections

Carl Daley
Carl Daley
This article reviews the summer of 2024 which was a wild ride consisting of volatile spot prices, market price expectations having a mixed performance, the consolidation of the twin peaks dynamic, and battery energy storage systems having a tough day in the office.
9 min read
Jan-24 Generation Report
Market Report paid

Jan-24 Generation Report

For the first time in years, VIC wind farms generated at a premium to the spot price while SA wind farms were very close to generating at a premium due to very low spot prices. The news of the early closure of Snuggery and Port Lincoln Power Stations was also a notable development in January.
10 min read
Jan-24 Spot Market Report
Market Report paid

Jan-24 Spot Market Report

Hot and muggy weather in the north and mild weather in the south made for two very different stories in the electricity spot market during January. In the north, QLD recorded its second highest January average spot price while down south, Victoria had record low levels around $22/MWh.
11 min read
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