Electricity Market Prices – Week ending 21 September 2018

Key electricity market observations for the week ending 21 September 2018:

  • Spot prices across the NEM marginally pushed up with no material changes in average demand.
  • LGC and STC prices marginally increased however remain relatively steady at $71.40/certificate and $34.10/certificate respectively.
  • Snowy Hydro water levels are replenishing, however remain low relative to historical levels.
  • Announcements of new renewable projects have slowed down with tier 1 Engineering, Procurement and Construction (EPC) companies advising that the pipeline for new projects has declined.

Queensland

New South Wales

Victoria

South Australia

Source: AEMO / ASX Energy