News

Total storage increased 35.7 GWh over the last week. South Island controlled storage decreased 5% to 1,178 GWh; South Island uncontrolled storage increased 58.9% to 328 GWh; with Taupo storage decreasing 5.9% to 381 GWh.

Average prices remained static, with $72.36 at Benmore, $74.41 at Haywards and $80.30 at Otahuhu.

Average prices had minimal change at Benmore, Islington, Haywards and Otahuhu over the last week. New Zealand storage decreased to 1,851 GWh.

Daily averages were $77.24 at Benmore, $78.17 at Haywards and $80.64 at Otahuhu.

Total storage decreased 225.4 GWh over the last week. South Island controlled storage decreased 10% to 1,240 GWh; South Island uncontrolled storage decreased 18.9% to 206 GWh; with Taupo storage decreasing 8.9% to 404 GWh. 

Yesterday saw some volatility in prices, with averages ending up at $159.20 at Benmore, $164.95 at Haywards and $178.26 at Otahuhu

The HVDC average moved southwards yesterday.

Total storage decreased 194.7 GWh over the last week. South Island controlled storage decreased 8.7% to 1,378 GWh; South Island uncontrolled storage decreased 18.1% to 254 GWh; with Taupo storage decreasing 1.4% to 444 GWh.

Average prices yesterday were $84.67 at Benmore, $86.04 at Haywards and $92.12 at Otahuhu

Average prices increased by 8% at Benmore, increased by 8% at Islington, increased by 6% at Haywards and increased by 6% at Otahuhu over the last week. New Zealand storage decreased to 2,271 GWh.

Average prices yesterday were very similar to the Month-to-date, with $75.31 at Benmore, $80.03 at Haywards and $88.68 at Otahuhu

Provisional spot prices published for trading periods 19 and 33 due to infeasibilities.  Futures prices have risen over the last month and particularly in the last week.

Yesterday was a flat day, spiking to $70.87 at Benmore, $76.61 at Haywards and  $93.19 at Otahuhu

The lowest average prices over the weekend were on Sunday, with $59.15 at Benmore, $61.00 at Haywards and $65.56 at Otahuhu

Total storage decreased 99.3 GWh over the last week. South Island controlled storage decreased 5.3% to 1652 GWh; South Island uncontrolled storage decreased 8.5% to 372 GWh; with Taupo storage increasing 6.7% to 430 GWh.

Average prices yesterday were down slightly on the Month-to-date average, with $67.92 at Benmore, $69.88 at Haywards and $77.74 at Otahuhu

The Energy Link index increased this month to 7.8 c/kWh on a volume of 17 contracts traded (6 CFD, 11 FPVV). The Energy Link index excludes contracts from ASX, and contracts less than 6 months in duration.

Prices were flat over the weekend, with yesterday averaging $56.89 at Benmore, $59.90 at Haywards and $66.28 at Otahuhu

Total storage decreased 158.9 GWh over the last week. South Island controlled storage decreased 5.3% to 1,743 GWh; South Island uncontrolled storage decreased 13.5% to 407 GWh; with Taupo storage increasing 0.7% to 403 GWh.