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Average prices increased by 47% at Benmore, decreased by 18% at Haywards and by 22% at Otahuhu over the last week. Total storage decreased to 1,994GWh, with NI storage decreasing by 2% to 232 GWh and SI storage decreasing by 5% to 1,762 GWh.
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Posted on June 25, 2010
Yesterday’s post regarding the new electricity hedge market incorrectly stated that the average level of vertical integration in the New Zealand market is around 100%. This figure is too high, though it is still likely to exceed 80%.
Greg Sise