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Market Update

Aug 02, 2018

Wholesale electricity prices have continued trending lower since the beginning the quarter. However, towards the end of the financial year the prices increased sharply as a result of sudden generator outages in NSW and a subsequent buying frenzy. The electricity demand and supply balance is still very tight and the gas prices elevated.

The uncertainty in the future energy prices continues. Market participants are unsure on how National Energy Guarantee (NEG) would be implemented, Energy Intelligence expects volatility in August 2018 as a result of the COAG announcements.

For more information, contact one of Energy Intelligence market gurus

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