The predicted extreme spot prices in NSW and QLD did not eventuate yesterday and therefore did not correct the negative sentiment evident in the market. We all wait for the next chapter to evolve.
NSW and QLD Price Spikes Fade
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Big Sentiment Day for NSW
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Summer Price and Demand
Across the recent summer window since 1 December, the four mainland regions of the NEM have taken sharply different paths. Demand reached, and in places eclipsed, long-run highs, yet price responses were anything but uniform.
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Melbourne 40 °C Days
During the National Electricity Market’s life, a forecast of 40 °C in Melbourne heralds high or record demand, a reduction in turbine efficiency, reserve squeeze and high interconnector dependency causing NSW price separation with extreme Victorian spot prices. However, has the market changed?
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