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News Archive
Jan 14, 2019
The end of 2018 was marked by volatility and high wholesale electricity prices. We expect the prices to remain elevated and volatility to continue over the coming quarter as the negative market conditions persist.
A mix of power outages, drought, failure of the National Energy Guarantee (NEG) and high global LNG prices have had a significant impact on the wholesale electricity prices in theQ4-18.
Energy Intelligence recommends that customers with electricity contracts expiring before the end of Q1-19, take a cautious approach and contract as soon as possible. Customers with electricity contracts expiring in the second quarter of 2019 are recommended to start the procurement process in early Q2-19.
Contact Energy Intelligene on 1300 277 233 to discuss your electricity contract and tender.