Electricity Market Prices – Week ending 18 January 2019

Key electricity market observations for the week ending 18 January 2019:

  • LGC prices continued to slide with decent liquidity in the market throughout last week. Prices dropped to $40.00/ certificate on Friday.
  • QLD weekly average spot price and demand were $101.35/ MWh and 6,738 MW respectively. Whilst spot prices were high ($23.92/MWh above last week), they were relatively soft compared to other NEM regions.
  • Kogan Creek 750 MW unit tripped on Saturday which brought the power station offline for most of the day.
  • NSW imported an average of 643 MW from QLD last week. Imported generation from QLD is critical to the stability of electricity prices in NSW.
  • Loy Yang A operated on 3 out of 4 units throughout the majority of the week, removing just over 500 MW of generation from the region.

Queensland

New South Wales

Victoria

South Australia

Source: AEMO / ASX Energy