EnergyByte

The prospect of price caps is dominating the industry discussion, but meanwhile there was plenty of other activity across the market.

Structural market changes were announced by Federal and State Governments. More prominent Government ownership and the acceleration of expanded transmission all featured. Forward market prices were extremely volatile during the month but appear to have peaked.

Monthly news for October covers a wide range of issues including possible price caps, Government initiatives in transmission and power station ownership.

Following an unprecedented second quarter in the energy market, the third quarter settles down, but finished as the second-highest price period in the market's history. Forward market prices continue to rise.

After a tumultuous winter for the Australian energy markets, the electricity and gas spot markets simmered down during August.

Once upon a time Australia was an energy island, this is no longer the case.

As July drew to a close, rays of light penetrated from the 2022 Energy Crisis. Market conditions are easing, but it may be a temporary phase emerging from the winter.