Electricity Market Prices – Week ending 8 June 2018

Key electricity market observations for the week ending 8 June 2018:

  • Higher spot prices across the NEM driven by outages at baseload power stations and network constraints in NSW. Outside of NSW, QLD was most effected.
  • A trip at Vales Pt power station on Thursday caused a price spike in all NEM regions.
  • An Actual LOR2 was briefly enacted on Friday in NSW.
  • Nearer term forward contract prices increased on the back of the high spot prices however 2020 contract prices generally declined.
  • Basslink interconnector between VIC and TAS returned to operation after being offline since 24 March 2018.

 


Queensland

New South Wales

Victoria

South Australia

Source: AEMO / ASX Energy