Mar-24 Generation Report

Mar-24 Generation Report

Q1-24 marked the first time in six years that the NEM had no new generation connections. March also saw lower generation and GWA prices for wind and solar farms across most NEM regions, except for SA. Curtailment of VRE was in seasonal decline but remained high for March in SA and VIC.

This part of our Monthly Report concentrates on generation, where the Highlights section draws out the key takeaways from new generation and retirements, planned outages, generator performance, curtailment, technology mix, and hydro storages. The second half of the report outlines the charts and tables for further perusal.

1.0 Highlights

This section is a summary of monthly generation which can help tell the story of the drivers of price outcomes in the spot market.

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