Energy Market Wrap 2021

We bring you the final market wrap for 2021, where we break down the energy market prices that occurred throughout 2021.

Molycop makes a commitment to a sustainable future

Mining operations don’t stop, and neither does Molycop’s passion for customer satisfaction.

How to generate extra revenue for your business with demand response

Three of Flow Power’s energy specialists discuss how to generate extra revenue for your business with demand response.

Energy Market Wrap: November 2021

While the average spot price in November increased in all regions of the NEM (compared to October), there has been a year-on-year softening of spot prices in November for Victoria and South Australia.

A special video message from Lord Mayor of Sydney Clover Moore

For our Shoalhaven Community Solar Farm launch event.

Shoalhaven Community Solar Farm Launch Event 2021

The Shoalhaven Community Solar Farm has been developed by Flow Power and not-for-profit group Repower Shoalhaven.

Webinar: Is there a better way to do peak and off-peak energy?

In this 30 minute webinar, join three of Flow Power’s energy specialists as they discuss peak and off-peak pricing and what that could mean for you and your business.

Energy Market Wrap: October 2021

October was the first month in the National Electricity Market with five minute settlement in place. However, we may have to wait a little longer to observe its impact on the spot price.

Webinar: Setting your team up with our demand response framework

On September 18, we held a webinar to explore how businesses can implement our demand response framework to tackle the summer ahead. 

Historical Peak and Off Peak Ceiling Prices

Set every quarter and be flexible with your individual business needs, the Ceiling sets a peak price in accordance with market activity, ensuring you’ll never pay more than you need to.

The wholesale demand response mechanism explained

The wholesale demand response mechanism is a new regulatory change being introduced starting on 21 October 2021. It lets a third-party aggregator sell demand response without being a customer’s retailer. This does not impact Flow Power customers. 

The Positives of Negative Prices

Negative electricity prices are an increasingly common occurrence in the National Electricity Market (NEM). We explain why prices can go negative, show how often it occurs, and importantly we explain what this means for Flow Power customers. 

The Q1 2022 Ceiling Prices

Set every quarter and be flexible with your individual business needs, the Ceiling sets a peak price in accordance with market activity, ensuring you’ll never pay more than you need to.

Webinar: Choosing Renewable Energy For Your Business

Three of Flow Power’s energy specialists answer the most common questions about what choosing renewable energy means for your business.

Energy Market Wrap: September 2021

September has seen lower prices in all mainland regions compared to August, along with higher renewable penetration. The trend of the “deepening duck curve” continues, with similar or higher demand during peak periods, and lower demand in the middle of the day.

The NEM, bid stacks and five-minute settlement

This article explains how wholesale prices are calculated and takes a closer look at the significant change to the calculation of prices that started on the 1st of October 2021 due to the new 5-minute settlement.

Five minute settlement explained

On the 1st of October 2021, “five minute settlement” will start for the National Electricity Market (NEM). This means there will be a change in the way the wholesale price (the price paid to generators and paid by retailers) is calculated.

Webinar: Energy Ready

Watch this webinar to see our business energy experts, Steven Cook, George Charakos and Emmett Williams, discuss one of Flow Power’s products Energy Ready, and how it is your key to harnessing the energy market to its fullest potential.

Market Wrap August 2021

Wondering what’s been happening in the energy market this month? Our experts unpack the highs and lows in the market wrap.

Market Wrap – July 2021

Wondering what’s been happening in the energy market this month? Our experts unpack the highs and lows in the market wrap.

Webinar: Power Active

Our energy experts talk about what is Power Active, price efficiency and the active option.

Conclusion of the ESB’s post 2025 review

With the impending conclusion of the ESB’s post-2025 review, we’ve decided to share some of our preliminary thoughts.

Market Wrap – June 2021

Wondering what’s been happening in the energy market this month? Our experts unpack the highs and lows in the market wrap.

EOFY Australian Business Energy Update

Watch this webinar with our energy experts, Jacob Mahoney, Emmett Williams and Tricia Lorenz0 as they talk about what’s happened in the energy market in the last 12 months, what do fluctuating prices mean for businesses and what businesses can do to leverage the energy market with innovative products and technology

Our latest submission to the Energy Security Board

Last week we put in a submission to the Energy Security Board, providing feedback on their options paper.

Market Wrap – May 2021

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

Webinar: Negative electricity prices and your business

Watch this webinar to see our business energy experts, Nick Mercure and James McFarlane discuss how businesses can take advantage of the unique energy trends in South Australia to continually improve their electricity price outcomes.

 

Negative electricity prices and what they mean for your business

Read this research paper by our energy experts, Nick Mercure and James McFarlane to understand how your business as a consumer of electricity can take advantage of the unique energy trends in South Australia to continually improve your electricity price outcomes.

Market Wrap – September 2020

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

Market Wrap – August 2020

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

The sun’s shining in NSW

Find out the latest updates on NSW solar projects, Bomen Solar Farm and Shoalhaven Solar Farm

Webinar: Be rewarded for how you use power

In a webinar, our experts discussed how South Australian businesses can trial automated demand response through our program and be rewarded.

 

Webinar: How to get a more flexible energy contract

Our experts discussed the flexible alternatives businesses have compared to standard energy contracts in a webinar.

 

Market Wrap – July 2020

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

Webinar: How to get a more flexible energy contract

Our experts discussed the flexible alternatives businesses have compared to standard energy contracts in a webinar.

 

Keeping cool: How one cold storage company saved

Cold stores’ most energy intensive operations can also help them save on energy costs. Here’s how:

Sydney and Adelaide are now 100% renewable

From July 1, we’ll be powering not one but two major city councils with 100% renewable energy.

Looking ahead: opportunities for the new financial year

Energy costs form a large part of many businesses’ outgoings. Looking at energy as an opportunity is a good way to drive down costs, which can be distributed to other business areas.  

Market Wrap – June 2020

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

What to know about developing successful solar projects

In a webinar on May 20, our experts discussed the ins and outs of developing successful solar projects.

On the Spot: Energy policy

In this week’s On the Spot, Nathaniel was joined by Alex our Demand Response Lead and Rob Murray-Leach, Head of Policy at Energy Efficiency Council to deep-dive into some current energy policy discussions.

On the Spot: Think differently about energy

In this week’s On the Spot, Nathaniel and Aidan were joined by Tricia Lorenzo, our Sales Manager – Northern Region to discuss how businesses can rethink their approach to energy.

On the Spot: Data and Insights

In this week’s On the Spot, Nathaniel was joined by our founder and CEO Matthew van der Linden to discuss how data and insights play a crucial role in a business energy strategy

On the Spot: May lookback

In this On the Spot, we looked back on the month of May and what happened in the energy market

Market Wrap – May 2020

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

On the Spot: Sustainability drivers

Our experts continued the discussion on renewable claims in this week’s On the Spot, with a focus on business sustainability goals.

Powering the conservation of SA’s Pygmy Lizard

We’re partnering with Flinders University to support a project to relocate the endangered pygmy bluetongue lizard.

Quick wins for getting back to business as usual

We’ve put together some quick and easy tips to help businesses power their operations back up to normal.

On the Spot: Renewable and green claims

In this week’s On the Spot update, our experts discussed renewable claims and how your business can differentiate between them.

Webinar: Developing successful solar projects

Want to get the lowdown on what makes a solar project successful? In a webinar on May 20 our experts took a closer look at the ins and outs of solar projects.

On the Spot: Price Efficiency Adjustment

In this week’s On the Spot update, our experts looked at how businesses can manage when and how they use power to unlock greater savings

Webinar: What to know about managing your business energy right now

In a webinar on May 6, our experts discussed their best tips for businesses to better manage their energy right now. 

On the Spot: An April Lookback

In this week’s On the Spot update, our experts looked back at April 2020 and the key opportunities it has provided for energy users

Market Wrap – April 2020

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

Good news: our Power Active customers have already saved

Businesses that signed onto Power Active last year have already saved between 5-14%* on their base energy rates**

On the Spot: Renewable projects

In our third On the Spot update, we looked at how the Covid-19 situation is impacting Australia’s renewable sector.

On the Spot: Looking back at summer

In our second On the Spot update, we looked at what happened over summer and its impacts on the energy market now

On the Spot: an introduction

We covered what’s currently happening in the energy market in our first On the Spot session.

Manufacturing a smarter future

ANCA is powering innovation through the manufacturing industry with smart manufacturing solutions for customers.

Measuring, reporting on, and reducing emissions

Chances are, if your business wants to – or is already taking steps towards – reducing its carbon footprint, you’ll be looking at your emissions and how to reduce them.

Quick wins for adapting your operations

We take a look at what your business can implement for their energy strategy today, to free up time for other priorities

The new normal: Opportunities in a changing energy market

This time last year, energy prices were on the rise. Now, market data is telling us a different story — energy prices are moving down. 

Hello SA – We’re welcoming our newest account manager

We chat to our newest account manager based in South Australia about why he joined Flow Power.

Market Wrap – March 2020

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

So, what exactly is a Power Purchase Agreement?

You may be wondering exactly how renewable PPAs work, how they differ and why businesses are signing them. We’re here to answer those questions.

Building Intelligent Demand Response in SA

We’re working with the South Australian Government to trial automated demand response and support the grid.

A look back at this summer

We’ll walk you through what happened to the energy market this summer.

Market Wrap – February 2020

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

What happens behind the scenes of a market event?  

Alex Leemon, our Demand Response Lead runs over how a market event works

How do extreme weather events impact the system?

From bushfires to floods, we look at the affect weather events have on the energy system

Market Wrap – January 2020

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

We’re making big moves towards powering more SA businesses with solar

We’ve made a long term commitment to the uptake of renewables in South Australia

Powering the City of Churches to reach carbon neutrality

We’re supporting the City of Adelaide on its journey to carbon neutrality.

Monthly wholesale market trends

With the market moving every half an hour it can seem hard to see the trends, here we show you the trends over the year.

Market Wrap – December 2019

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

Webinar: Three things to know about energy contracts

On October 31, we held a webinar on three key factors that determine how retailers set energy rates – term of the contract, timing of contracting and energy profile.

The Price Efficiency Factor (PEF) – Meet the new peak and off-peak

Traditional peak and off-peak fixed rates don’t reflect the underlying wholesale energy market. Find out how you can make the market work for you.

Market Wrap – November 2019

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

Victorian pubs to get cheaper and renewable power

Flow Power are partnering with Carlton & United Breweries and Australian Hotels Association (VIC) to power Victorian pubs with renewable sources

Pernod Ricard Winemakers achieve 100 per cent renewables

Pernod Ricard Winemakers has become the first large wine company in Australia to achieve 100 per cent renewable electricity.

We’re still around this Christmas

Now is the time of the year to sit back, relax and enjoy the holidays. 

Three steps to getting your team ready for demand response

Discover the three steps to empower your teams to achieve demand response success this summer.

Sydney and Newcastle Councils go renewable

In October, City of Sydney and City of Newcastle announced they would join the list of organisations that are reshaping how they think about power.

First local government commits to 100% renewables

City of Newcastle commits to sourcing 100% renewable power, becoming the first local government in NSW to do so.

 

 

Market Wrap – October 2019

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

City of Sydney to be powered by 100% green electricity

The City of Sydney signed a Power Purchase Agreement with Flow Power and will source their power from renewable energy sources from July 2020

Are you making the most of your data?

Get familiar with your Portal heading into the summer.

Market Wrap – September 2019

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

Joining an innovative retailer

Our new General Manager Jamie McDyre tells us why he joined Flow Power

Webinar: Setting your team up with our demand response framework

On September 18, we held a webinar to explore how businesses can implement our demand response framework to tackle the summer ahead. 

Laying the Orange Row at Bomen Solar Farm

On 23 August, our team saw the first solar panels installed at Bomen Solar Farm. This is often called the ‘golden row’, but we’re calling it the orange row.

Market Wrap – August 2019

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

Smart is making money from your generator

Businesses that own and operate backup generators have the opportunity to reduce energy costs and unlock additional value. 

 

What’s behind the rising energy market?

As we say goodbye to last financial year, lets look at what’s causing the changes in price.

Market Wrap – July 2019

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

Webinar: Understand the prices behind renewables

On June 26, we held a webinar to share research developed in partnership with the University of Melbourne. It explores a model that can be used to map the variability of renewable pricing over the lifespan of Power Purchase Agreements (PPAs).

What’s going on at Mortlake?

Get the lowdown on what’s happening at Mortlake Power Station and what it means.

Three ways horticulture businesses can cut energy costs

From irrigating to warehousing and cold storage, the horticultural industry leans heavily on power to drive its operations.

Market Wrap – June 2019

Wondering what’s been happening in the market this month? Our experts unpack the highs and lows in the market wrap.

PLC goes renewable

Presbyterian Ladies’ College, Melbourne (PLC) is helping lead the way as one of the first schools in Australia to achieve a 100 percent net renewable outcome for electricity use.