The index increased this month on a volume of 15 contracts traded 9 CFD, 6 FPVV. The Energy Link indices exclude contracts from ASX, that are less than 6 months in duration, have volumes significantly less than disclosure rules require, are unverified or in dispute. The spread of prices making up the index was 3.8 c/kWh this month. Prices for the contracts varied from 9.3 c/kWh to 13.1 c/kWh when referenced to Haywards.
Well done OMV!
By Greg Sise, October 21, 2019
The gas market is opaque relative to the electricity market, but recent major gas field outages have prompted moves to improve transparency. One of the first improvements is an initiative by the gas industry regulator, the Gas Industry Company, which
Energy Trendz Weekly 20th October 2019, Issue 1,171
By Michael Cawte, October 21, 2019
Average prices icreased by 5% at Benmore, increased by 6% at Islington, increased by 6% at Haywards and increased by 7% at Otahuhu over the last week. Total Storage increased to 2066 GWh. NI storage increased by 10% to 459 GWh while SI storage increased by 9% to 1607 GWh.
Energy Trendz Daily 18th - 20th October 2019 (Provisional)
By Michael Cawte, October 21, 2019
Daily prices averaged $83.76, $85.46, and $89.83 on Sunday at Benmore, Haywards, and Otahuhu respectively.
Energy Trendz Daily 17th October 2019 (Interim)
By Michael Cawte, October 18, 2019
Daily prices averaged $104.79, $107.83, and $114.63 at Benmore, Haywards, and Otahuhu respectively.
Hydro Watch - 17 October 2019, Issue 1,174
By Michael Cawte, October 17, 2019
Total storage increased 174.5 GWh over the last week. South Island controlled storage increased 8 % to 1125 GWh; South Island uncontrolled storage increased 11.6 % to 481 GWh; with Taupo storage increasing 9.7 % to 459 GWh.
Energy Trendz Daily 16th October 2019 (Provisional)
By Michael Cawte, October 17, 2019
Daily prices averaged $124.20, $128.13, and $135.35 at Benmore, Haywards, and Otahuhu respectively. The McKee Peaker was generating at a constant near 100MW throughout the day.
Energy Trendz Daily 15th October 2019 (Provisional)
By Michael Cawte, October 16, 2019
Prices reached over $250 in the morning period, with the daily average price being $126.03, $129.77, and $138.72 at Benmore, Haywards, and Otahuhu respectively.
Energy Trendz Daily 14th October 2019 (Interim)
By Michael Cawte, October 15, 2019
Daily prices averaged $116.53, $120.77 and $129.32 at Benmore, Haywards, and Otahuhu respectively. Wind generation averaged around 200MW.
Energy Trendz Daily 11th - 13th October 2019 (Interim - Provisional)
By Michael Cawte, October 14, 2019
Prices averaged $86.83, $89.62 and $94.91 at Benmore, Haywards, and Otahuhu respectively on Sunday.
Energy Trendz Weekly 13th October 2019, Issue 1,170
By Ruth Heron, October 14, 2019
Average prices decreased by 39% at Benmore, decreased by 39% at Islington, decreased by 39% at Haywards and decreased by 37% at Otahuhu over the last week. Total Storage increased to 1891 GWh. NI storage increased by 7% to 418 GWh while SI storage increased by 3% to 1473 GWh.
Energy Trendz Daily 10th October 2019 (Interim)
By Ruth Heron, October 11, 2019
Prices averaged $112.20, $115.23 and $120.31 at Benmore, Haywards, and Otahuhu respectively.
Hydro Watch - 10 October 2019, Issue 1,173
By Ruth Heron, October 10, 2019
Total storage increased 73.9 GWh over the last week. South Island controlled storage decreased 2.1 % to 1042 GWh; South Island uncontrolled storage increased 19.3 % to 431 GWh; with Taupo storage increasing 6.7 % to 418 GWh.
Energy Trendz Daily 9th October 2019 (Interim)
By Ruth Heron, October 10, 2019
Prices were steady averaging $99.84, $100.55, and $105.20 at Benmore, Haywards, and Otahuhu. Wind generation averaged around 300MW for the day until dropping off in the evening.
Energy Trendz Daily 8th October 2019 (Interim)
By Michael Cawte, October 9, 2019
Wind generation was strong throughout the day averaging around 400MW. Daily prices averaged $113.51, $113.31, and $118.37 at Benmore, Haywards, and Otahuhu respectively. Prices peaked in trading period 18 at around $200.
Energy Trendz Daily 7th October 2019 (Interim)
By Michael Cawte, October 8, 2019
Prices averaged $136.24, $137.29, $142.94 at Benmore, Haywards, and Otahuhu respectively.
Energy Trendz Daily 4th - 6th October 2019 (Provisional - Interim)
By Michael Cawte, October 7, 2019
Prices spiked above $600 on Friday in trading period 14, but had little variation on Saturday and Sunday, averaging around $110 on Saturday and $105 on Sunday.
Energy Trendz Weekly 6th October 2019, Issue 1,169
By Michael Cawte, October 7, 2019
Average prices increased by 43% at Benmore, increased by 44% at Islington, increased by 44% at Haywards and increased by 41% at Otahuhu over the last week. Total Storage decreased to 1817 GWh. NI storage increased by 4% to 392 GWh while SI storage decreased by 3% to 1425 GWh.
Energy Trendz Daily 3rd October 2019 (Interim)
By Michael Cawte, October 4, 2019
Prices were high throughout the day, peaking around $500 in the morning and around $600 in the evening with a $108 price separation between Benmore and Otahuhu. Prices for the day averaged $236.75, $243.93, $251.74 at Benmore, Haywards, and Otahuhu respectively.
Energy Trendz Daily 2nd October 2019 (Interim)
By Michael Cawte, October 3, 2019
Prices were variable with high average prices. The average price was $260.93, $264.96, $275.65 at Benmore, Haywards, and Otahuhu respectively.
Hydro Watch - 3 October 2019, Issue 1,172
By Michael Cawte, October 3, 2019
Total storage decreased 34.8 GWh over the last week. South Island controlled storage decreased 10 % to 1064 GWh; South Island uncontrolled storage increased 23.1 % to 361 GWh; with Taupo storage increasing 4.1 % to 392 GWh.
Energy Trendz Daily 1st October 2019 (Interim)
By Michael Cawte, October 2, 2019
Prices spiked at over $600 in trading period 43.
Energy Trendz Daily 30th September 2019 (Interim)
By Michael Cawte, October 1, 2019
Prices peaked at around $350 in trading periods 19 to 23. Average prices were $146.67, $147.77, $153.37 at Benmore, Haywards, and Otahuhu respectively. Northward flows over the HVDC link reached a maximum of around 300MW.
Energy Trendz Daily 27th - 29th September 2019 (Interim)
By Michael Cawte, September 30, 2019
Prices were variable on Friday and Saturday, with a sharp dip in price on Sunday in trading period 37. Wind generation was strong over Saturday and Sunday averaging around 400MW, and an average of around 200MW on Friday.
Energy Trendz Weekly 29 September 2019, Issue 1,168
By Michael Cawte, September 30, 2019
Average prices increased by 7% at Benmore, increased by 7% at Islington, increased by 6% at Haywards and increased by 9% at Otahuhu over the last week. Total Storage decreased to 1852 GWh.NI storage remained unchanged at 377 GWh while SI storage decreased by 6% to 1475 GWh.
Energy Trendz Daily 26 September 2019 (Interim)
By Michael Cawte, September 27, 2019
Prices reached above $400 in the morning before falling back down to around $100 in trading period 24. North and South Island Instantaneous Reserves were above $100 in trading period 15 and 18. Wind generation dropped off at the start of the day before reaching peak output of around 450MW in trading period 27.
Are Higher Electricity Prices Here to Stay?
By Greg Sise, September 27, 2019
Spot prices surged late last year when there was a prolonged, unplanned outage at the Pohokura gas field offshore Taranaki. But they haven’t come back down to where they were prior to the gas outages. In this post we look at the reasons why and ask the question on everyone’s mind – will they remain high?
Hydro Watch - 26 September 2019, Issue 1,171
By Michael Cawte, September 26, 2019
Total storage decreased 84.8 GWh over the last week. South Island controlled storage decreased 6.2 % to 1182 GWh; South Island uncontrolled storage decreased 2.6 % to 293 GWh; with Taupo storage increasing 0.3 % to 377 GWh.
Energy Trendz Daily 25 September 2019 (Interim)
By Michael Cawte, September 26, 2019
Prices had an upward trend through the day, with prices averaging $144.25, $144.99, $153.59 at Benmore, Haywards, and Otahuhu respectively for the entire day. Wind generation was strong averaging around 300MW.
Energy Trendz Daily 24 September 2019 (Interim)
By Michael Cawte, September 25, 2019
Prices increased throughout the day until averaging around $200 from trading period 24 to 43 yesterday and fell afterwards. Wind generation started strong with 400MW of output, falling to an average of 100MW later in the day.
Energy Trendz Daily 23 September 2019 (Interim)
By Michael Cawte, September 24, 2019
Daily prices averaged $108.92, $108.32, $111.76 at Benmore, Haywards, and Otahuhu respectively.
Energy Trendz Daily 20th - 22nd September 2019 (Interim)
By Michael Cawte, September 23, 2019
Daily prices averaged $105.05, $105.47, $108.51 at Benmore, Haywards, and Otahuhu respectively on Sunday.
Energy Trendz Weekly 22 September 2019, Issue 1,167
By Michael Cawte, September 23, 2019
Average prices decreased by 4% at Benmore, decreased by 5% at Islington, decreased by 3% at Haywards and decreased by 3% at Otahuhu over the last week. Total Storage decreased to 1,973 GWh. NI storage decreased by 2% to 376 GWh while SI storage decreased by 2% to 1,561 GWh.
Energy Trendz Monthly - September 2019, Issue 126
By Michael Cawte, September 20, 2019
The index decreased this month on a volume of 9 contracts traded 4 CFD, 5 FPVV. The Energy Link indices exclude contracts from ASX, that are less than 6 months in duration, havevolumes significantly less than disclosure rules require, are unverified or in dispute.
Energy Trendz Daily 19 September 2019 (Interim)
By Michael Cawte, September 20, 2019
Daily prices averaged $141.49, $144.38, $149.12 at Benmore, Haywards, and Otahuhu respectively.
Hydro Watch - 19 September 2019, Issue 1,170
By Michael Cawte, September 19, 2019
Total storage decreased 48.8 GWh over the last week. South Island controlled storage decreased 7.7 % to 1260 GWh; South Island uncontrolled storage increased 27.8 % to 301 GWh; with Taupo storage decreasing 2.3 % to 376 GWh.
Energy Trendz Daily 18 September 2019 (Interim)
By Michael Cawte, September 19, 2019
Daily prices averaged $112.54, $114.58, $117.47 at Benmore, Haywards, and Otahuhu respectively.
Energy Trendz Daily 17 September 2019 (Interim)
By Michael Cawte, September 18, 2019
Prices averaged close to $100 for the duration of the day except for peaking close to $190 in trading period 33.
Energy Trendz Daily 16 September 2019 (Interim)
By Michael Cawte, September 17, 2019
Daily prices averaged $85.27, $85.36, $88.26 at Benmore, Haywards, and Otahuhu respectively.
Energy Trendz Weekly 15 September 2019, Issue 1,166
By Michael Cawte, September 16, 2019
Average prices increased by 1% at Benmore, increased by 2% at Islington, were unchanged at Haywards and decreased by 2% at Otahuhu over the last week. Total Storage decreased to 1,986 GWh. NI storage increased by 1% to 385 GWh while SI storage decreased by 10% to 1,601 GWh.