Average prices decreased by 3.2% at Benmore, decreased by 2.8% at Islington, decreased by 3.8% at Haywards and decreased by 4.1% at Otahuhu over the last week. Total Storage decreased to 1,735 GWh. NI storage decreased by 32 % to 69 GWh while SI storage decreased by 3% to 1,666 GWh.
Who's setting the Gas Price?
By Greg Sise, May 7, 2021
"Electricity prices are high at present. Gas prices are also high. Who’s setting these prices?”
Energy Trendz Weekly 2 May 2021, Issue 1,251
By Ruth McKinlay, May 3, 2021
Average prices increased by 11.9% at Benmore, increased by 12.1% at Islington, increased by 12.3% at Haywards and increased by 11.7% at Otahuhu over the last week. Total Storage decreased to 1,824 GWh. NI storage decreased by 19 % to 101 GWh while SI storage increased by 0% to 1,723 GWh.
Energy Link Electricity Contract Indexes April 2021, Issue 145
By Claudia McHerron, April 30, 2021
There were 8 contracts traded that were eligible to include in the index calculations this month, but the last of these was on the 6th April, and since then nothing has traded in the OTC market (or at least not that meets the index criteria for size and duration).
Energy Trendz Weekly 25 April 2021, Issue 1,250
By Michael Cawte, April 28, 2021
Average prices decreased by 7.5% at Benmore, decreased by 7.9% at Islington, decreased by 8.2% at Haywards and decreased by 9.6% at Otahuhu over the last week. Total Storage decreased to 1839 GWh. NI storage decreased by 6 % to 142 GWh while SI storage decreased by 8% to 1697 GWh.
Levelised Cost of Energy - What is it?
By Greg Sise, April 23, 2021
“We’re about to launch a new, free tool on our web site. It calculates the LCOE of your generation project. But what the f*&% is it?"
Energy Trendz Weekly 18 April 2021, Issue 1,249
By Ruth McKinlay, April 19, 2021
Average prices decreased by 10.1% at Benmore, decreased by 10.2% at Islington, decreased by 9.1% at Haywards and decreased by 7.2% at Otahuhu over the last week. Total Storage decreased to 1,839 GWh. NI storage decreased by 6 % to 142 GWh while SI storage decreased by 8% to 1,697 GWh.
Hedging Fundamentals Part 2
By Paul Chapman, April 18, 2021
This blog post follows on from Hedging Fundamentals Part 1 and answers "Why are spot prices in the NZ wholesale electricity market so volatile?"
Energy Trendz Weekly 11 April 2021, Issue 1,248
By Ruth McKinlay, April 12, 2021
Average prices increased by 21.4% at Benmore, increased by 21.6% at Islington, increased by 22.9% at Haywards and increased by 23.8% at Otahuhu over the last week. Total Storage decreased to 1,839 GWh.
Energy Trendz Weekly 4 April 2021, Issue 1,247
By Michael Cawte, April 6, 2021
Average prices decreased by 29.3% at Benmore, decreased by 29.8% at Islington, decreased by 31.8% at Haywards and decreased by 32.6% at Otahuhu over the last week. Total Storage decreased to 1839 GWh. NI storage decreased by 6 % to 142 GWh while SI storage decreased by 8% to 1697 GWh.
Energy Trendz Weekly 28 March 2021, Issue 1,246
By Ruth McKinlay, March 29, 2021
Average prices increased by 50.7% at Benmore, increased by 51.5% at Islington, increased by 53.1% at Haywards and increased by 57.4% at Otahuhu over the last week. Total Storage decreased to 1,989 GWh. NI storage decreased by 23 % to 151 GWh while SI storage decreased by 8% to 1,838 GWh.
What's behind the high spot prices?
By Greg Sise, March 28, 2021
What’s behind the high spot prices? We take a more detailed look at who is setting prices, when and why.
Energy Trendz Weekly 21 March 2021, Issue 1,245
By Ruth McKinlay, March 22, 2021
Average prices increased by 40% at Benmore, increased by 39.1% at Islington, increased by 40.3% at Haywards and increased by 39.7% at Otahuhu over the last week. Total Storage decreased to 2,195 GWh. NI storage decreased by 9 % to 196 GWh while SI storage decreased by 1% to 1,999 GWh.
Energy Link Contract Indexes March 2021, Issue 144
By Claudia McHerron, March 19, 2021
There were no FPVV contracts traded over the last month, so the FPVV index goes sideways this month, i.e. it defaults to last month's value of 10.2 c/kWh. Strong CFD growth has brought the main index up to 12 c/kWh.
Hedging Fundamentals Part 1
By Paul Chapman, March 19, 2021
This blog post breakdown the fundamentals of hedging and provides an answer to the question "What is a hedge?".
Energy Trendz Weekly 14 March 2021, Issue 1,244
By Ruth McKinlay, March 15, 2021
Average prices decreased by 28.7% at Benmore, decreased by 28.7% at Islington, decreased by 27.7% at Haywards and decreased by 25.5% at Otahuhu over the last week. Total Storage increased to 2,234 GWh. NI storage decreased by 12 % to 217 GWh while SI storage increased by 4% to 2,018 GWh.
Selling generation into the market
By Greg Sise, March 12, 2021
If you have some small-scale generation, how do you sell its generation output? This post briefly describes some common scenarios.
Energy Trendz Weekly 7 March 2021, Issue 1,243
By Ruth McKinlay, March 8, 2021
Average prices decreased by 33.5% at Benmore, decreased by 33.4% at Islington and Haywards, and decreased by 34.9% at Otahuhu over the last week. Total Storage decreased to 2,179 GWh. NI storage decreased by 11 % to 246 GWh while SI storage decreased by 4% to 1,933 GWh.
Energy Trendz Weekly 28 February 2021, Issue 1,242
By Ruth McKinlay, March 1, 2021
Average prices increased by 72.5% at Benmore, increased by 72.2% at Islington, increased by 71.1% at Haywards and increased by 69.3% at Otahuhu over the last week. Total Storage decreased to 2,291 GWh. NI storage decreased by 12 % to 275 GWh while SI storage decreased by 6% to 2,015 GWh.
Energy Link Contract Indexes February 2021, Issue 143
By Michael Cawte, February 24, 2021
Both the FPVV and CFD sub-indexes rose sharply this month, and the main index jumped almost 16% as a result. Hardly surprising, given the seemingly inexorable upward movements in spot and futures prices.
Energy Trendz Weekly 21 February 2021, Issue 1,241
By Ruth McKinlay, February 22, 2021
Average prices increased by 2.6% at Benmore, increased by 2.9% at Islington, increased by 2% at Haywards and increased by 1.3% at Otahuhu over the last week. Total Storage decreased to 2,458 GWh. NI storage decreased by 8 % to 313 GWh while SI storage decreased by 4% to 2,145 GWh.
Energy Trendz Weekly 14 February 2021, Issue 1,240
By Ruth McKinlay, February 15, 2021
Average prices decreased by 10.9% at Benmore, decreased by 11.1% at Islington, decreased by 11.6% at Haywards and decreased by 11.9% at Otahuhu over the last week. Total Storage decreased to 2,581 GWh. NI storage decreased by 8 % to 339 GWh while SI storage decreased by 1% to 2,242 GWh.
Energy Trendz Weekly 8 February 2021, Issue 1,239
By Ruth McKinlay, February 9, 2021
Average prices increased by 32.8% at Benmore, increased by 34.3% at Islington, increased by 33.1% at Haywards and increased by 32.4% at Otahuhu over the last week. Total Storage decreased to 2,638 GWh. NI storage decreased by 9 % to 369 GWh while SI storage decreased by 3% to 2,269 GWh.
What probability did futures traders give to Tiwai staying?
By Greg Sise, February 1, 2021
We now know that the Tiwai smelter is likely to be around for another four years to December 2024; but prior to 14th January we didn’t know this. What do futures prices tell us about futures traders’ views of the probability of Tiwai staying longer than August 2021?
Energy Trendz Weekly 31 January 2021, Issue 1,238
By Ruth McKinlay, February 1, 2021
Average prices increased by 72.7% at Benmore, increased by 73.2% at Islington, increased by 74.1% at Haywards and increased by 73% at Otahuhu over the last week. Total Storage increased to 2,738 GWh. NI storage decreased by 8 % to 407 GWh while SI storage increased by 8% to 2,331 GWh.
Energy Trendz Weekly 24 January 2021, Issue 1,237
By Ruth McKinlay, January 25, 2021
Average prices decreased by 43.8% at Benmore, decreased by 43.8% at Islington, decreased by 44.9% at Haywards and decreased by 45.5% at Otahuhu over the last week. Total Storage increased to 2,607 GWh. NI storage decreased by 7 % to 443 GWh while SI storage increased by 8% to 2,164 GWh.
Tiwai Remains Another ‘X’ Years
By Greg Sise, January 21, 2021
The Tiwai Pt aluminium smelter has received a stay of execution, with the news last week that Meridian Energy and the smelter’s majority owner, Rio Tinto, reached agreement on 13th January to amend their existing agreement so that its termination date is now 31st December 2024, and not August 2021.
Energy Link Contract Indexes January 2021, Issue 142
By Greg Sise, January 21, 2021
The FPVV sub-index went up this month, but the CFD sub-index went down. The net result was the main index more-or-less went sideways, increasing by just over 1% to 8.9 c/kWh.
Energy Trendz Weekly 17 January 2021, Issue 1,236
By Ruth McKinlay, January 18, 2021
Average prices increased by 77.3% at Benmore, increased by 79.2% at Islington, increased by 75.9% at Haywards and increased by 71.1% at Otahuhu over the last week. Total Storage decreased to 2,483 GWh. NI storage decreased by 2 % to 474 GWh while SI storage decreased by 1% to 2,009 GWh.
Energy Trendz Weekly 27 December 2020 - 10 January 2021
By Ruth McKinlay, January 13, 2021
Average prices increased by 36% at Benmore, increased by 35% at Islington, increased by 34% at Haywards and increased by 33% at Otahuhu over the last week. Total Storage increased to 2,502 GWh. NI storage increased by 6% to 482 GWh while SI storage increased by 3% to 2,020 GWh.
Energy Trendz Weekly 20 December 2020, Issue 1,232
By Ruth McKinlay, December 21, 2020
Average prices decreased by 9.7% at Benmore, decreased by 9.7% at Islington, decreased by 9.5% at Haywards and decreased by 11.8% at Otahuhu over the last week. Total Storage decreased to 2,476 GWh. NI storage remained at 469 GWh while SI storage decreased by 2% to 2,007 GWh.
Energy Trendz Weekly 13 December 2020, Issue 1,231
By Ruth McKinlay, December 14, 2020
Average prices increased by 36.7% at Benmore, increased by 38.2% at Islington, increased by 32.4% at Haywards and increased by 31.4% at Otahuhu over the last week. Total Storage increased to 2,525 GWh. NI storage decreased by 5 % to 469 GWh while SI storage increased by 2% to 2,056 GWh.
Energy Trendz Weekly 6 December 2020, Issue 1,230
By Ruth McKinlay, December 7, 2020
Average prices increased by 3% at Benmore, Haywards and Otahuhu over the last week, and increased by 4% at Islington. Total Storage decreased to 2,517 GWh.
Energy Trendz Weekly 29 November 2020, Issue 1,229
By Ruth McKinlay, November 30, 2020
Average prices increased by 8% at all of Benmore, Islington, Haywards and Otahuhu over the last week. Total Storage decreased to 2,599 GWh. NI storage increased by 2% to 465 GWh while SI storage decreased by 5% to 2,134 GWh.
Energy Trendz Weekly 22 November 2020, Issue 1,228
By Ruth McKinlay, November 23, 2020
Average prices increased by 47% at Benmore and Islington, increased by 49% at Haywards and increased by 48% at Otahuhu over the last week. Total Storage decreased to 2,709 GWh. NI storage increased by 3% to 456 GWh while SI storage decreased by 2% to 2,253 GWh.
Energy Trendz Weekly 15 November 2020, Issue 1,227
By Ruth McKinlay, November 16, 2020
Average prices decreased by 25% at Benmore, decreased by 26% at Islington, and decreased by 27% at Haywards and Otahuhu over the last week. Total Storage increased to 2,733 GWh. NI storage increased by 19% to 443 GWh while SI storage increased by 6% to 2,290 GWh.
Energy Trendz Weekly 8 November 2020, Issue 1,226
By Ruth McKinlay, November 9, 2020
Average prices decreased by 11% at all of Benmore, Islington, Haywards and Otahuhu over the last week. Total Storage increased to 2,533 GWh. NI storage increased by 8% to 372 GWh while SI storage increased by 10% to 2,161 GWh.
Energy Trendz Weekly 31 October 2020, Issue 1,225
By Ruth McKinlay, November 2, 2020
Average prices decreased by 23% at all of Benmore, Islington, Haywards and Otahuhu over the last week. Total Storage increased to 2,316 GWh.
Energy Trendz Weekly 26 October 2020, Issue 1,224
By Ruth McKinlay, October 27, 2020
Average prices decreased by 9% at Benmore and Islington, decreased by 8% at Haywards and decreased by 7% at Otahuhu over the last week. Total Storage decreased to 2,144 GWh. NI storage increased by 10% to 319 GWh while SI storage decreased by 5% to 1,825 GWh.
Energy Trendz Weekly 18 October 2020, Issue 1,223
By Ruth McKinlay, October 19, 2020
Average prices decreased by 5% at Benmore and Haywards, and decreased by 4% at Islington and Otahuhu over the last week. Total Storage increased to 2,214 GWh. NI storage increased by 7% to 290 GWh while SI storage increased by 4% to 1,924 GWh.