Electricity Market Prices – Week ending 15 February 2019

Key electricity market observations for the week ending 15 February 2019:

QLD weekly average spot price and demand were $91.26/ MWh and 7,230 MW, which were both higher than the previous week by $4.29/MWh and 583 MW respectively. QLD operational demand reached a new all-time record of 10,052 MW at 4.55pm on 13 February, largely as a result of temperature driven demand.
With the exception of one Eraring power station, all units operated in the NSW baseload fleet. Unit 1 at Eraring started the week offline after a tube leak occurred on 3 February.
SA weekly average spot price and demand were $82.88/MWh and 1,141 MW respectively. Like NSW and QLD, SA experienced a material decline in both spot prices and demand. This was largely driven by cooler temperatures.
VIC baseload generation was reduced last week with all power stations having units offline at some point.

Week Ending	Region	Period	Last Week	This Week	High	Low	Delta
15/02/2019	QLD	SPOT	86,97	91,26	217,47	16,65	4,93
15/02/2019	QLD	CAL19	78,10	78,50	79,15	78,02	0,51
15/02/2019	QLD	CAL20	66,53	66,43	66,99	66,25	-0,15

Week Ending	Region	Period	Last Week	This Week	High	Low	Delta
15/02/2019	NSW	SPOT	105,72	86,65	145,50	15,54	-18,04
15/02/2019	NSW	CAL19	94,85	92,89	94,69	92,15	-2,07
15/02/2019	NSW	CAL20	79,86	79,07	80,01	78,50	-0,99

Week Ending	Region	Period	Last Week	This Week	High	Low	Delta
15/02/2019	VIC	SPOT	140,56	83,81	192,32	-57,34	-40,38
15/02/2019	VIC	CAL19	111,93	109,98	111,03	109,32	-1,74
15/02/2019	VIC	CAL20	85,43	84,58	85,31	83,92	-0,99

Week Ending	Region	Period	Last Week	This Week	High	Low	Delta
15/02/2019	SA	SPOT	133,82	82,88	202,23	-130,27	-38,07
15/02/2019	SA	CAL19	111,39	110,63	111,28	110,35	-0,68
15/02/2019	SA	CAL20	83,44	83,44	83,44	83,44	0,00