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Energy Trendz July 2010

The index increased this month on a volume of six contracts traded (1 CFD, 5 FPVV). The average 3 year-ahead price of EnergyHedge contracts increased slightly to 8.1 c/kWh, which is 15% lower than the index value of 9.6 c/kWh.

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Spot Prices for 19 July 10

Provisional spot prices decreased to mid $70s  in the South Island and to around $70s in the North Island on Monday.   Southward flow on the HVDC link over night.  Sandra Habermann, Market Analyst. 20-07-10

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Market Review 18 July 10

Average prices increased by 30% at Benmore,by 32% at Haywards and by 28% at Otahuhu over the last week.  Total storage decreased to 2,449 GWh, with NI storage decreasing by 19% to 224 GWh and SI storage decreasing by 9%  to 2,224 GWh.

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Spot Prices for 14 July 10

Spot prices increased to high $80s  in the South Island and to low $90s in the North Island on Wednesday.   Southward flow on the HVDC link early morning.  Sandra Habermann, Market Analyst. 15-07-10

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Spot Prices for 13 July 10

Spot prices increased to mid $80s  in the South Island and to high $80s in the North Island on Tuesday.   Southward flow on the HVDC link early morning.  Sandra Habermann, Market Analyst. 14-07-10

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