News Archive

Market Update Q3 19

Oct 18, 2019

Cal-20 and Cal-21 prices continued steadily on their upward trajectory during Q3-2019, while Cal-22 prices remained flat.

The Basslink outage, extended Loy Yang A2 and Mortlake 2 outages pose a significant market risk.

The continuous drought, which is forecasted to last through spring and summer, is expected to put further pressure on the electricity prices in the short-term, especially in Victoria.

We expect Cal-21 prices to continue moving higher as we get closer to summer and we expect the volatility to return with rising temperatures.

Energy Intelligence recommends customers with electricity contracts expiring 2019 and the first half of 2020, to start the procurement process as soon as possible.

Call 1300 277 233 and engage us to manage your procurement for you.

« Back