Electricity prices ease after June volatility
Electricity prices across Queensland, New South Wales, and Victoria returned to typical levels in July, following significant volatility in June. The average wholesale price in Queensland halved compared to June, while New South Wales and Victoria recorded 62% and 70% declines respectively. Although coal generator availability remained a challenge through the first half of July, strong wind generation helped bridged the gap and helped to prevent a repeat of the extreme evening peak spot prices seen in June. For example, in Victoria, wholesale prices above $300/MWh contributed just $0.17 to the monthly average in July, compared to $129.67 in June.
Volatility in South Australia
Fill out the form to unlock this content
Any questions? Our energy specialists are here to help.
If you’re an existing Flow Power customer, don’t hesitate to reach out to your account manager.
If you’re not a Flow Power customer, feel free to contact our friendly team:
1300 08 06 08
