October 2023 By David Bagley-Jones Throughout October 2023, futures for the calendar years 2024 and 2025 experienced consistent declines across all states. This downward trend was predominantly influenced by mild…
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September 2023 There was a large drop in average spot prices in all states this month. Electricity contract prices fell late in the month as the mild weather, strong renewable…
August 2023 It’s been a busy month for news in the energy market, primarily in relation to the energy transition. The dominating news for the month was the release of…
July 2023 July was a relatively quiet month for energy news. Average spot prices for July were lower than June in all NEM states (except for Victoria which was less…
June 2023 There have been relatively good outcomes in the electricity and gas markets this month. Contract prices fell slightly over the month in NSW, VIC and SA while QLD…
May 2023 May began with some volatility in the market and there were a number of price spikes throughout the month that may be attributed (but not solely) to the…
April 2023 April was dominated by news and expectations surrounding the closure of Liddell Power Station, with the last unit finally switched off on the 28th April. While we saw…
March 2023 Energy Futures rose in all states throughout March, driven by generator outages, interconnector and transmission constraints, news of one of the joint owners of Callide Power Station going…
February 2023 The market fell throughout February, and prices ended the month at their lowest point since May 2022. Although there appear to be very few positive or negative drivers…
January 2023 The Futures market has remained very flat this month, after a slight rebound following the Christmas period as demand increased due to business returning, the impact of the…