Tag Archives: high prices

Article: High SA Prices on Monday 9 July–Business as Usual?

One of our guest authors, Allan O’Neil, takes a closer look at what happened in the South Australian region of the NEM on Monday 9th July 2018

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Article: Reviewing the pattern of spot prices for Q2 2018 suggests that we’re far from out of the woods, yet

Returning to the theme of analysis of Q2 prices (completed in 2017 and 2016 due to Q2 historically being an uneventful period) we see that prices have backed off from the “off the charts” level of 2017, but are still much higher in all regions than most other regions. In some cases results are second worst in 20 years.

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Article: Recapping a shaky week for the supply-demand balance in the NSW region last week (Mon 4th June to Fri 8th June 2018)

The start of some analysis that helps to identify the variety of factors that combined to give a shaky balance between supply and demand in NSW last week.

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Article: Victorian demand rises above 9,000MW – which (in combination with other factors) leads to a volatile day in the southern regions

On a day when high temperatures drove demand in Victoria above 9,000MW (and NEM-wide demand above 30,000MW) we saw some price volatility – with prices in VIC and SA up around $14,000/MWh

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Article: Sunday 28th January sees Victorian electricity demand (Scheduled, and Operational) above 9,000MW

Yesterday (Sunday 28th January) saw electricity demand (both Scheduled and Operational) above 9,000MW in the heat. Others have noted this was the highest-ever non-working day demand in Victoria, but I have not delved in detail.

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Article: It’s very misleading to claim “Since the introduction of the National Electricity Market in 1996 the wholesale price of energy has risen dramatically”

The wholesale cost of electricity has risen (too fast, too high) in recent years. However let’s not let ourselves be conned into believing that this has arisen, now, because of the creation of the NEM back in 1998.

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Article: August Update: Regulatory Responses to Pricing Concern

Some thoughts from guest author, Connor James, about “what’s next” in response to energy user concerns about high and escalating prices.

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Article: ACCC chief, Rod Sims, includes 6 factors driving retail electricity prices higher

A timely reminder from Rod Sims (at the ACCC) this week that there are a number of factors driving electricity price higher – not just a single “smoking gun”

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Article: Here’s three big reasons why spot prices in Queensland are higher than they used to be

A quick outline of what have been (in my view) the three key reasons why wholesale electricity prices in Queensland have risen, compared to 5 years ago.

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Article: If spot price outcomes through Q2 2016 were “truly remarkable” then price outcomes for Q2 2017 were off the chart

A year on from my review of “remarkable” prices seen in Q2 2016, I return to the same analysis and update for Q2 2017. Outcomes are even more extreme…

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