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Prices peaked at over $262 at Benmore, Haywards and Otahuhu yesterday

Prices averaged $138.63 and spiked at over $304 at Benmore yesterday

Prices were high yesterday following a day of southward flow

Prices spiked at over $241 and averaged $157.72 at Benmore yesterday

Total storage decreased 134.9 GWh over the last week. South Island controlled storage decreased 9.1% to 1302 GWh; South Island uncontrolled storage increased 20.5% to 176 GWh; with Taupo storage decreasing 8.2% to 383 GWh.

Prices at Haywards averaged $100.61 for the day

Average prices increased by 29% at Benmore, increased by 28% at Islington, increased by 29% at Haywards and increased by 32% at Otahuhu over the last week. New Zealand storage decreased to 1996 GWh.

Prices averaged $121.80 and spiked at over $194.79 at Otahuhu yesterday

Prices remained high yesterday with Haywards averaging $109 for the day

Average prices increased by 16% at Benmore, increased by 16% at Islington, increased by 17% at Haywards and increased by 14% at Otahuhu over the last week. New Zealand storage decreased to 2195 GWh.

Total storage decreased 142 GWh over the last week. South Island controlled storage decreased 5.4% to 1555 GWh; South Island uncontrolled storage decreased 7.2% to 188 GWh; with Taupo storage decreasing 7.8% to 452 GWh.

Prices at Haywards averaged $71.39 for the day

Prices dipped below $1 at Benmore, Haywards and Otahuhu yesterday

I was privileged to speak at the Energy Management Association of NZ (EMANZ) annual conference in Wellington last week and showed how market reforms over the last two decades, and now the Internet, are working together to disrupt the retail electricity market.

The Energy Link index decreased this month to 7.5 c/kWh on a volume of 5 contracts traded (1 CFD, 4 FPVV). The Energy Link index excludes contracts from ASX, and contracts less than 6 months in duration. 

Total storage decreased 118.5 GWh over the last week. South Island controlled storage decreased 4.3% to 1645 GWh; South Island uncontrolled storage decreased 9.6% to 202 GWh; with Taupo storage decreasing 4.5% to 489 GWh.

Prices averaged $73.12 and spiked at over $130 at Haywards yesterday

Average prices increased by 7% at Benmore, increased by 8% at Islington, increased by 6% at Haywards and increased by 3% at Otahuhu over the last week. New Zealand storage decreased to 2455 GWh.

Total storage decreased 61.7 GWh over the last week. South Island controlled storage decreased 4.2% to 1719 GWh; South Island uncontrolled storage decreased 15.6% to 224 GWh; with Taupo storage increasing 12.1% to 512 GWh.