Average prices decreased by 37% at Benmore and Islington, decreased by 36% at Haywards and decreased by 34% at Otahuhu over the last week. Total Storage decreased to 1,967 GWh. NI storage increased by 1% to 191 GWh while SI storage decreased by 1% to 1,776 GWh.
Tiwai Closure – Its Impact on the Electricity Sector and on Prices
By Greg Sise, July 13, 2020
Rio Tinto, the majority owner of the Tiwai Pt aluminium smelter, announced last Thursday, 9th July, that it has terminated its electricity contracts with Meridian Energy and that it will close the smelter by August 2021. This will have a profound impact on the electricity sector which will be felt for years to co
Tiwai Closure – Unanswered Questions
By Greg Sise, July 13, 2020
Rio Tinto, the majority owner of the Tiwai Pt aluminium smelter, announced last Thursday, 9th July, that it has terminated its electricity contract with Meridian Energy and that it will close the smelter by August 2021. The announcement is short on details, and many questions remain unanswered.
Energy Trendz Weekly 5 July 2020, Issue 1,208
By Michael Cawte, July 6, 2020
Average prices increased by 36% at Benmore, 37% at Islington and Haywards, and increased by 39% at Otahuhu over the last week. Total Storage decreased to 1979 GWh. NI storage increased by 20% to 188 GWh while SI storage decreased by 8% to 1790 GWh.
Energy Trendz Weekly 28 June 2020, Issue 1,207
By Ruth Heron, June 29, 2020
Average prices decreased by 18% at Benmore, Islington and Haywards, and decreased by 19% at Otahuhu over the last week. Total Storage decreased to 2113 GWh. NI storage increased by 53% to 157 GWh while SI storage decreased by 6% to 1,956 GWh.
Energy Trendz Weekly 21 June 2020, Issue 1,206
By Ruth Heron, June 22, 2020
Average prices increased by 22% at Benmore, increased by 21% at Islington and Haywards, and by 22% at Otahuhu over the last week. Total Storage decreased to 2,183 GWh. NI storage increased by 13% to 103 GWh while SI storage decreased by 2% to 2,080 GWh.
Energy Trendz Weekly 14 June 2020, Issue 1,205
By Ruth Heron, June 15, 2020
Average prices increased by 51% at Benmore, increased by 52% at Islington, increased by 50% at Haywards and by 44% at Otahuhu over the last week. Total Storage decreased to 2,243 GWh. NI storage increased by 9% to 118 GWh while SI storage decreased by 7% to 2,125 GWh.
Energy Trendz Weekly 7 June 2020, Issue 1,204
By Ruth Heron, June 8, 2020
Average prices decreased by 34% at Benmore and Islington, and by 36% at Haywards and Otahuhu over the last week. Total Storage decreased to 2,395 GWh. NI storage decreased by 4% to 108 GWh while SI storage decreased by 9% to 2,286 GWh.
Energy Trendz Weekly 1 June 2020, Issue 1,203
By Ruth Heron, June 2, 2020
Average prices decreased by 2% at Benmore and Islington, decreased by 3% at Haywards, and decreased by 5% at Otahuhu over the last week. Total Storage decreased to 2,635 GWh. NI storage decreased by 1 % to 113 GWh while SI storage decreased by 5% to 2,521 GWh.
Energy Trendz Weekly 24 May 2020, Issue 1,202
By Ruth Heron, May 25, 2020
Average prices increased by 77% at Benmore, increased by 78% at Islington, and increased by 70% at both Haywards and Otahuhu over the last week. Total Storage decreased to 2,777 GWh. NI storage decreased by 15 % to 114 GWh while SI storage decreased by 7% to 2,662 GWh.
Energy Trendz Weekly 17 May 2020, Issue 1,201
By Ruth Heron, May 18, 2020
Average prices increased by 47% at Benmore and Islington, and increased by 52% at Haywards and Otahuhu over the last week. Total Storage decreased to 2,991 GWh. NI storage decreased by 7 % to 135 GWh while SI storage decreased by 2% to 2,857 GWh.
Energy Trendz Weekly 10 May 2020, Issue 1,200
By Ruth Heron, May 11, 2020
Average prices increased by 20% at Benmore and Islington, increased by 23% at Haywards and increased by 24% at Otahuhu over the last week. Total Storage increased to 3,063 GWh. NI storage increased by 16% to 144 GWh while SI storage increased by 5% to 2,918 GWh.
Energy Trendz Weekly 3 May 2020, Issue 1,199
By Ruth Heron, May 4, 2020
Average prices increased by 29% at Benmore, Islington and Haywards, and increased by 32% at Otahuhu over the last week. Total Storage remained at 2,914 GWh. NI storage decreased by 9 % to 124 GWh while SI storage remained steady at 2,790 GWh.
Energy Trendz Weekly 27 April 2020, Issue 1,198
By Ruth Heron, April 28, 2020
Average prices decreased by 8% at Benmore, decreased by 9% at Islington, decreased by 7% at Haywards and decreased by 5% at Otahuhu over the last week. Total Storage increased to 2,914 GWh. NI storage decreased by less than a % to 137 GWh while SI storage increased by 1% to 2,776 GWh.
Covid-19 and Electricity Demand
By Greg Sise, April 21, 2020
A thought on everyone’s mind these days, or at least those involved in electricity supply, is what is Covid-19 doing to electricity demand? Well, the answer to this question is not simple, and we are working on it, but the answers will come highly qualified by the uncertainty surrounding the disease in New Zealand, the econ
Energy Trendz Weekly 19 April 2020, Issue 1,197
By Michael Cawte, April 20, 2020
Average prices increased by 9% at Benmore, increased by 10% as Islington, increased by 7% at Haywards and increased by 5% at Otahuhu over the last week. Total Storage decreased to 2887 GWh. NI storage decreased by 11 % to 138 GWh while SI storage remained unchanged at 2749 GWh.
Energy Trendz Weekly 13 April 2020, Issue 1,196
By Ruth Heron, April 14, 2020
Average prices increased by 6% at Benmore, increased by 5% as Islington, increased by 2% at Haywards and increased by 3% at Otahuhu over the last week. Total Storage decreased to 2,892 GWh. NI storage decreased by 13% to 154GWh while SI storage decreased by 5% to 2,738GWh.
Energy Trendz Weekly 5 April 2020, Issue 1,195
By Ruth Heron, April 6, 2020
Average prices decreased by 25% at Benmore, decreased by 26% at Islington, decreased by 33% at Haywards and decreased by 31% at Otahuhu over the last week. Total Storage decreased to 3,073GWh. NI storage decreased by 7% to 177 GWh while SI storage decreased by 4% to 2,896GWh.
Energy Trendz Weekly 29 March 2020, Issue 1,194
By Ruth Heron, March 30, 2020
Average prices decreased by 28% at Benmore, decreased by 29% at Islington, decreased by 34% at Haywards and decreased by 33% at Otahuhu over the last week. Total Storage decreased to 3,194 GWh. NI storage decreased by 14 % to 190 GWh while SI storage decreased by 3% to 3,003 GWh.
Covid-19 Business Continuity
By Greg Sise, March 25, 2020
Energy Link is working as normal, from home, during the Alert Level 4 lock-down, while we all get the virus under control. Contact us as normal, via email landline or mobile. That’s really all you need to know, but more details are in the blog.
Energy Trendz Weekly 22 March 2020, Issue 1,193
By Ruth Heron, March 24, 2020
Average prices increased by 99% at Benmore, increased by 01% as Islington, increased by 21% at Haywards and increased by 19% at Otahuhu over the last week. Total Storage decreased to 3,324 GWh. NI storage decreased by 16 % to 221 GWh while SI storage decreased by 5% to 3,103 GWh.
Energy Trendz Weekly 15 March 2020, Issue 1,192
By Ruth Heron, March 16, 2020
Average prices increased by 83% at Benmore and Islington, increased by 8% at Haywards and increased by 7% at Otahuhu over the last week. Total Storage decreased to 3,525 GWh. NI storage decreased by 8 % to 264 GWh while SI storage decreased by 4% to 3,261 GWh.
Energy Trendz Weekly 8 March 2020, Issue 1,191
By Ruth Heron, March 9, 2020
Average prices decreased by 59% at Benmore and Islington, with an increase at Haywards of 9% and an increase of 3% at Otahuhu over the last week. Total Storage increased to 3,677 GWh. NI storage decreased by 11 % to 287 GWh while SI storage increased by 3% to 3,390 GWh.
Energy Trendz Weekly 1 March 2020, Issue 1,190
By Ruth Heron, March 2, 2020
Average prices increased by 24% at Benmore and 23% at Islington, with no change at Haywards and an increase of 2% at Otahuhu over the last week. Total Storage decreased to 3,602 GWh. NI storage decreased by 8% to 321 GWh while SI storage decreased by 6% to 3,281 GWh.
Energy Trendz Weekly 23 February 2020, Issue 1,189
By Ruth Heron, February 24, 2020
Average prices decreased by 4% at Benmore and Islington, decreased by 32% at Haywards and decreased by 29% at Otahuhu over the last week. Total Storage decreased to 3,837GWh. NI storage decreased by 8% to 485GWh while SI storage decreased by 5% to 3,488GWh.
Energy Trendz Weekly 16 February 2020, Issue 1,188
By Ruth Heron, February 17, 2020
Average prices increased by 91% at Benmore and 90% at Islington, increased by 36% at Haywards and increased by 33% at Otahuhu over the last week. Total Storage decreased to 4,045 GWh. NI storage decreased by 7 % to 379 GWh while SI storage decreased by 9% to 3,666 GWh.
Energy Trendz Weekly 9 February 2020, Issue 1,187
By Ruth Heron, February 10, 2020
Average prices decreased by 77% at Benmore and Islington, decreased by 33% at Haywards and decreased by 32% at Otahuhu over the last week. Total Storage increased to 4,414 GWh. NI storage decreased by 6 % to 406 GWh while SI storage increased by 25% to 4,008 GWh.
Energy Trendz Weekly 2 February 2020, Issue 1,186
By Ruth Heron, February 3, 2020
Average prices decreased by 23% at Benmore, 22% at Islington, decreased by 16% at Haywards and decreased by 14% at Otahuhu over the last week. Total Storage decreased to 3,631 GWh. NI storage decreased by 5 % to 432 GWh while SI storage decreased by 2% to 3,199 GWh.
Energy Trendz Weekly 26 January 2020, Issue 1,185
By Michael Cawte, January 27, 2020
Average prices increased by 31% at Benmore, increased by 32% at Islington, increased by 23% at Haywards and increased by 24% at Otahuhu over the last week. Total Storage decreased to 3727 GWh. NI storage decreased by 6 % to 454 GWh while SI storage decreased by 2% to 3272 GWh.
Energy Trendz Weekly 19 January 2020, Issue 1,184
By Ruth Heron, January 21, 2020
Average prices increased by 105% at Benmore, increased by 106% at Islington, increased by 68% at Haywards and increased by 61% at Otahuhu over the last week. Total Storage decreased to 3,819GWh. NI storage decreased by 2% to 485GWh while SI storage decreased by 1% to 3,334GWh.
Energy Trendz Weekly 12th January 2020, Issue 1,183
By Ruth Heron, January 13, 2020
Average prices increased by 157% at Benmore, increased by 159% at Islington, increased by 240% at Haywards and increased by 220% at Otahuhu over the last week. Total Storage decreased to 3873 GWh. NI storage decreased by 4 % to 494 GWh while SI storage decreased by 3% to 3380 GWh.
Energy Trendz Weekly 5th January 2020, Issue 1,182
By Michael Cawte, January 13, 2020
Average prices increased by 111% at Benmore, increased by 111% at Islington, increased by 115% at Haywards and increased by 121% at Otahuhu over the last week. Total Storage decreased to 3873 GWh. NI storage decreased by 4 % to 494 GWh while SI storage decreased by 3% to 3380 GWh.
Energy Trendz Weekly 29th December 2019, Issue 1,181
By Michael Cawte, January 13, 2020
Average prices decreased by 42% at Benmore, decreased by 41% at Islington, decreased by 47% at Haywards and decreased by 49% at Otahuhu over the last week. Total Storage decreased to 3873 GWh. NI storage decreased by 4 % to 494 GWh while SI storage decreased by 3% to 3380 GWh.
Energy Trendz Weekly 15th December 2019, Issue 1,179
By Michael Cawte, December 16, 2019
Average prices decreased by 8% at Benmore, decreased by 6% at Islington, decreased by 7% at Haywards and decreased by 6% at Otahuhu over the last week. Total Storage increased to 4666 GWh. NI storage decreased by 5 % to 468 GWh while SI storage increased by 20% to 4198 GWh.
Energy Trendz Weekly 8th December 2019, Issue 1,178
By Michael Cawte, December 9, 2019
Average prices decreased by 11% at Benmore, decreased by 10% at Islington, decreased by 17% at Haywards and decreased by 16% at Otahuhu over the last week. Total Storage increased to 3987 GWh. NI storage decreased by 3 % to 494 GWh while SI storage increased by 25% to 3492 GWh.
The Big Q1 2020 Futures Spread
By Greg Sise, December 2, 2019
The HVDC link will be operating with only one pole (one half) in service for most of the first quarter of 2020, to allow essential maintenance to be carried out. When this was first announced back in December 2017, futures prices barley moved, but they now show an expectation of a price difference between upper north and mid-south islands in the vicinity of $55/M
Energy Trendz Weekly 1st December 2019, Issue 1,177
By Michael Cawte, December 2, 2019
Average prices increased by 21% at Benmore, increased by 23% at Islington, increased by 28% at Haywards and increased by 26% at Otahuhu over the last week. Total Storage increased to 3299 GWh. NI storage decreased by 2 % to 507 GWh while SI storage increased by 4% to 2791 GWh.
Energy Trendz Weekly 24th November 2019, Issue 1,176
By Michael Cawte, November 25, 2019
Average prices increased by 13% at Benmore, increased by 13% at Islington, increased by 12% at Haywards and increased by 11% at Otahuhu over the last week. Total Storage increased to 3188 GWh. NI storage increased by 3% to 515 GWh while SI storage increased by 13% to 2673 GWh.
Energy Trendz Weekly 17th November 2019, Issue 1,175
By Michael Cawte, November 18, 2019
Average prices decreased by 51% at Benmore, decreased by 51% at Islington, decreased by 49% at Haywards and decreased by 46% at Otahuhu over the last week. Total Storage increased to 2868 GWh. NI storage increased by 4% to 503 GWh while SI storage increased by 37% to 2365 GWh.
Energy Trendz Weekly 10th November 2019, Issue 1,174
By Michael Cawte, November 11, 2019
Average prices increased by 39% at Benmore, increased by 39% at Islington, increased by 40% at Haywards and increased by 44% at Otahuhu over the last week. Total Storage increased to 2207 GWh. NI storage decreased by 3 % to 485 GWh while SI storage increased by 1% to 1722 GWh.