Electricity Market Prices – Week ending 12 July 2019

Key electricity market observations for the week ending 12 July 2019:

  • CS Energy’s Kogan Creek unit, the largest unit in QLD came offline midday Friday with suspected vibration issues and is yet to return to service,
  • Origin’s Eraring Unit 2 came offline on the 01/07 due to a forced outage, as of yet this unit has not returned to service,
  • Energy Australia’s (EA) Vales Point Unit 6 came offline on the 09/07 due to a plant failure, at this stage this unit also has not returned to service,
  • EA’s brown coal Yallourn Unit 4 offline due to an external tube leak as of the 10/07,
  • EA’s brown coal Yallourn Unit 2 offline due to an economiser tube leak as of the 11/07,
  • AGL’s Loy Yang A Unit 3 offline due to a plant failure as of 06/07 (RTS on the 12/07),
  • Origin Energy’s Mortlake gas Unit 2 offline as of the 08/07 due to fire damage, and of course
  • AGL’s Loy Yang A Unit 2 offline due to extensive maintenance with an expected RTS announced by AGL of December 2019.

The talking point of the week being Origin’s Mortlake gas peaking generator of which Unit 2 was forced offline abruptly due to fire damage on Monday. Origin announced on the 09/07 that the power station will continue to run the remaining Mortlake unit as is safe to do so, and that post their assessment they expect to return the unit to service by the 20th of December 2019. AGL have announced publicly they expect to return Loy Yang Unit A2 to service in December 2019 after the unit came offline for major repairs on the 18/05 this year.

Queensland

New South Wales

Victoria

South Australia

Source: AEMO / ASX Energy