News

Spot prices yesterday ranged from $25 to $202 at Otahuhu.

Average prices increased by 1% at Benmore and Islington, and increased by 2% at Haywards and 4% at Otahuhu over the last week. Total Storage decreased to 3231 GWh.

Spot prices yesterday ranged from $52 to $319 at Benmore and from $59 to $411 at Otahuhu.

Prices averaged $89 at Benmore, $94 at Haywards and $109 at Otahuhu yesterday.

Spot prices spiked over $430 during the evening yesterday.

Average prices decreased by 5% at Benmore, decreased by 6% Islington and Otahuhu, and 7% at Haywards over the last week. Total Storage increased to 3324 GWh.

Prices spiked to over $138 at Otahuhu yesterday.

Spot price averages yesterday were $77 at Benmore, $81 at Haywards, $93 at Otahuhu.

A spike in prices yesterday evening pushed up the daily averages.

Average prices decreased by 2% at Benmore, 1% at Islington and Haywards, and decreased by 4% at Otahuhu over the last week. Total storage decreased to 3,194 GWh.

Total storage decreased 117.3 GWh over the last week. South Island controlled storage decreased 1.9% to 2531 GWh; South Island uncontrolled storage decreased 8.4% to 534 GWh; with Taupo storage decreasing 12.4% to 130 GWh.

Averages yesterday were $112 at Benmore, $120 at Haywards and $137 at Otahuhu.

Total storage increased 184.7 GWh over the last week. South Island controlled storage increased 2.6% to 2,581 GWh; South Island uncontrolled storage increased 26% to 582 GWh; with Taupo storage remaining steady at 148 GWh. 

Prices at Haywards spiked at $297 on Friday, $157 on Saturday and $156 on Sunday.

This is the first in a series of three posts on what I see as the most important issues for the electricity market, and by association the gas market, for the 2020s.  This first post is actually a submission to the Gas Indsutry Company's recent consultation on information disclosure in the wholesale gas market.  The GIC documents and all subsmissions can be found at 

Spot prices yesterday ranged from $0.03 to $362 at Benmore and from $0.03 to $449 at Otahuhu.

Prices at Benmore dipped to $0.03 on Friday, $0.47 on Saturday, and $27 yesterday.

Average prices decreased by 5% at Benmore and Islington, decreased by 7% at Haywards, and 9% at Otahuhu over the last week. Total storage will be updated next Monday.

Total storage decreased 42.5 GWh over the last week. South Island controlled storage increased 0.9% to 2,548 GWh; South Island uncontrolled storage decreased 9% to 504 GWh; with Taupo storage decreasing 9.5% to 140 GWh.