News

The HVDC link will be operating with only one pole (one half) in service for most of the first quarter of 2020, to allow essential maintenance to be carried out.  When this was first announced back in December 2017, futures prices barley moved, but they now show an expectation of a price difference between upper north and mid-south islands in the vicinity of $55/M

Saturday the 30th saw a $700 price separation between Benmore and Haywards/Otahuhu in trading period 38, with North Island Fast Reserves peaking above $100 twice. The average prices over the last 7 days were $89.62, $102.94, and $119.04 at Benmore, Haywards, and Otahuhu respectively. 

Total storage increased 110.6 GWh over the last week. South Island controlled storage increased 5.7 % to 1922 GWh; South Island uncontrolled storage increased 1.7 % to 870 GWh; with Taupo storage decreasing 1.5 % to 507 GWh.

Daily average prices were $88.43, $99.47, and $115.44 at Benmore, Haywards, and Otahuhu respectively.

Daily average generation was $92.37, $103.85, and $120.22 at Benmore, Haywards, and Otahuhu respectively. Wind generation averaged around 160MW.

Daily average prices on Sunday were $65.36, $68.86, and $78.02 at Benmore, Haywards, and Otahuhu respectively.

Total storage increased 320.1 GWh over the last week. South Island controlled storage increased 17.3 % to 1818 GWh; South Island uncontrolled storage increased 4.8 % to 855 GWh; with Taupo storage increasing 2.5 % to 515 GWh.

Daily average prices were $60.54, $64.72, and $78.61 at Benmore, Haywards, and Otahuhu respectively. Wind generation averaged around 350MW.

Average prices decreased by 51% at Benmore, decreased by 51% at Islington, decreased by 49% at Haywards and decreased by 46% at Otahuhu over the last week. Total Storage increased to 2868 GWh. NI storage increased by 4% to 503 GWh while SI storage increased by 37% to 2365 GWh.

Daily average prices were $55.67, $59.96, and $72.82 at Bemore, Haywards, and Otahuhu respectively. Wind generation averaged around 350MW.

Total storage increased 660.6 GWh over the last week. South Island controlled storage increased 30.5 % to 1549 GWh; South Island uncontrolled storage increased 52.6 % to 816 GWh; with Taupo storage increasing 3.5 % to 503 GWh.

Daily average prices were $77.93, $83.75, and $96.09 at Benmore, Haywards, and Otahuhu respectively.

Average prices increased by 39% at Benmore, increased by 39% at Islington, increased by 40% at Haywards and increased by 44% at Otahuhu over the last week. Total Storage increased to 2207 GWh. NI storage decreased by 3 % to 485 GWh while SI storage increased by 1% to 1722 GWh.

Total storage increased 2.9 GWh over the last week. South Island controlled storage increased 1.7 % to 1187 GWh; South Island uncontrolled storage decreased 0.4 % to 535 GWh; with Taupo storage decreasing 2.9 % to 485 GWh.

Average daily prices were $140.03, $146.98, and $168.04 at Benmore, Haywards, and Otahuhu respectively.

Wind generation averaged around 50MW from Friday until picking up in trading period 29 on Saturday, thereafter averaging around 300MW through Sunday. Daily average prices at Benmore, Haywards, and Otahuhu were $127.54, $134.36, and $146.50 on Friday, $114.08, $119.37, and $128.61 on Saturday, and $104.22, $107.39, and $116.49 on Sunday.

Daily prices averaged $92.93, $96.58, and $105.18 at Benmore, Haywards, and Otahuhu respectively.

Total storage increased 75.2 GWh over the last week. South Island controlled storage increased 0.6 % to 1167 GWh; South Island uncontrolled storage increased 12.4 % to 537 GWh; with Taupo storage increasing 1.8 % to 500 GWh.

Daily average prices were around $100 on Saturday the 26th, with daily average prices around $65 on Sunday 27th and Monday the 28th. Wind generation averaged around 400MW from trading period 21 on Saturday through till trading period 15 on Monday, averaging around 300MW thereafter.