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Daily prices averaged $95.24, $99.29, and $109.88 at Benmore, Haywards, and Otahuhu respectively. Wind generation started the day averaging around 50MW, before increasing from trading period 10 to 25 and then producing an average of around 320MW.

Daily prices averaged $71.88, $74.56, and $81.81 at Benmore, Haywards, and Otahuhu respectively. Wind generation averaged around 300MW until decreasing to around 200MW in trading period 35.

Average prices decreased by 6% at Benmore, decreased by 6% at Islington, decreased by 5% at Haywards and decreased by 5% at Otahuhu over the last week. Total Storage increased to 2129 GWh. NI storage increased by 7% to 491 GWh while SI storage increased by 2% to 1638 GWh.

Total storage increased 63.3 GWh over the last week. South Island controlled storage increased 3.1 % to 1161 GWh; South Island uncontrolled storage decreased 0.8 % to 477 GWh; with Taupo storage increasing 6.9 % to 491 GWh.

Spot prices peaked above $230 in the morning, with the daily average being $103.39, $106.80, and $115.93 at Benmore, Haywards, and Otahuhu respectively. Wind generation was around 300MW until dropping to 150MW from trading period 17, and then climbing to 400MW at trading period 29 for the rest of the day.

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.

Average prices increased 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.

Daily prices averaged $104.79, $107.83, and $114.63 at Benmore, Haywards, and Otahuhu respectively.

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.

Daily prices averaged $116.53, $120.77 and $129.32 at Benmore, Haywards, and Otahuhu respectively. Wind generation averaged around 200MW.

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.

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.

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. 

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.

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.

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.

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.

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.

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?