News

The index decreased this month to 7.9 c/kWh on a volume of 8 contracts traded (3 CFD, 5 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.

Prices ended the day with the Daily Averages slightly below the Month-to-date Averages.

Average prices increased by 42% at Benmore, increased by 42% at Islington, increased by 40% at Haywards and increased by 38% at Otahuhu over the last week. Total Storage decreased to 2,549 GWh.

Total storage decreased 58.3 GWh over the last week. South Island controlled storage increased 1.3% to 1,909 GWh; South Island uncontrolled storage decreased 16.1% to 377 GWh; with Taupo storage decreasing 3.6% to 263 GWh.

Prices averaged $129.81 and spiked to $160.62 at Otahuhu yesterday.

Prices averaged $88.74 and spiked at $124.10 at Benmore yesterday.

Spot prices continued their recent settled trend over the weekend, with Haywards averaging $95.56 on Friday, $97.87 on Saturday and $86.65 on Sunday.

Total storage increased 76.6 GWh over the last week. South Island controlled storage increased 5.5% to 1,885 GWh; South Island uncontrolled storage decreased 5.5% to 450 GWh; with Taupo storage increasing 1.8% to 273 GWh.

A fairly flat day yesterday saw averages of $82.59 at Benmore, $87.09 at Haywards and $98.00 at Otahuhu.

Average prices decreased by 14% at Benmore, decreased by 15% at Islington, decreased by 63% at Haywards and decreased by 59% at Otahuhu over the last week. Total Storage increased to 2,531 GWh.

Prices spiked to $750.40 at Benmore, $794.88 at Haywards and $891.33 at Otahuhu.

Total storage increased 89.5 GWh over the last week. South Island controlled storage increased 7.6% to 1,787 GWh; South Island uncontrolled storage decreased 8.5% to 476 GWh; with Taupo storage increasing 2.8% to 268 GWh.

Spot price averages were $95.78 at Benmore, $101.71 at Haywards and $113.10 at Otahuhu.

The HVDC outage over the weekend saw a large price differentiation, with yesterday averaging $4.81 at Benmore, $345.05 at Haywards and $344.94 at Otahuhu.

Total storage increased 71.4 GWh over the last week. South Island controlled storage increased 6.2% to 1,661 GWh; South Island uncontrolled storage decreased 3.1% to 520 GWh; with Taupo storage decreasing 3.3% to 261 GWh. 

Prices spiked to $655.60 at Benmore, $700.55 at Haywards and $756.70 at Otahuhu.

Prices spiked to $192.23 at Benmore, $208.97 at Haywards and $235.17 at Otahuhu.

Spot prices continued their more settled trend over the weekend, averaging $88.15 at Otahuhu yesterday.

There was a large spike in North Island prices yesterday, coinciding with loss of connection to Maraetai and Waipapa.