Spot prices averaged $175 at Benmore, $195 at Otahuhu, with a spike into the $400's in trading period 43.
By Greg Sise, July 9, 2021
By Greg Sise, August 21, 2019
The fixed price electricity contract index increased by 16% this month to 10.0 c/kWh ($100/MWh) on a total of 15 contracts traded, representing 758 GWh from Jul-19 to Dec-23.
By Greg Sise, June 14, 2019
Daily average spot prices at key nodes ranged from $73 at Benmore to $95 at Otahuhu, with HVDC transfers hitting 918 MW north in trading period 38.
By Greg Sise, January 28, 2019
Spot prices on Sunday at Benmore ranged from $18 to $143 and at Otahuhu from $23 to $159.
By Greg Sise, March 17, 2017
Provisional prices spiked over $100 in the North Island as a filter outage on the HVDC link and reserves being in short supply caused large price separation between the islands.
By Greg Sise, March 16, 2017
Spot prices remained subdued yesterday even while storage is falling, but futures prices are responding to the low SI inflows and falling storage.
By Greg Sise, September 21, 2016
In a very quiet month, the index decreased 0.1 c/kWh to 7.9 c/kWh at Haywards, on a volume of only one CFD (hedge) contract.