Australia’s East Coast winter gas market softens as volatility rises
Krishan Pal Birda from Rystad takes a look at winter 2026 gas demand in south-eastern Australia, and explores what it might mean for future years.
Krishan Pal Birda from Rystad takes a look at winter 2026 gas demand in south-eastern Australia, and explores what it might mean for future years.
This analysis from Endgame Analytics highlights how solar revenues are increasingly concentrated in winter and shoulder periods as daytime prices collapse. Using historical data and forward modelling, it examines what the deepening duck curve means for solar returns, risk, and the need for seasonal storage.
Cold winter conditions in NSW have pushed market demand in the region above 13GW this evening. Meanwhile, high prices have stuck around in SA.
I thought it would be worth adding a couple snapshots from the ‘Forecast Convergence’ widget in ez2view looking at ‘Market Demand’ as at various dispatch intervals on Thursday 26th June 2025 looking backwards ~7 days and forwards ~7 days
Cold weather this evening has brought prices above $7,000/MWh and tight reserve margins across the NEM.
A couple days after the end of 'winter 2024' the temperature has dropped by 10 degrees in Archerfield. We take a look at how temperatures in Archerfield through winter 2024 compare with the 18 preceding years to see how remarkable was the ramp in temperatures...
With winter having a concerted last blast (or having launched straight into summer in northern Australia) it's strange times indeed.
A short article in conjunction with GenInsights Quarterly Updates for 2024 Q2, trending NEM-wide IRPM over 9 days in June 2024.
Following a 90-minute period of low IRPM yesterday evening (Mon 17th June 2024) we take a quick look at see forecast low levels of IRPM for Tue 18th June evening (very low!) and Wed 19th June and Thu 20th June.
A quick article with a snapshot from NEMwatch at the 18:25 dispatch interval to highlight a couple things we might come back to later.
A short article on Saturday about an AER's publication that was released in the past week ... a review of 2023 Q3.
The 'Australian Energy Week' conference this week in Melbourne, and the NEM this evening has given a real-time example of some energy transition challenges.
Worth a short note that (on the first official day of winter … though in temperature terms it started some weeks ago) they have published a Media Release ‘AEMO forecasts improved winter 2023 for Australia’s energy system, risks remain’ that would understandably be of keen...
A short article this evening noting IRPM has dropped below 15% on a NEM-wide basis (a tight supply-demand balance).
QLD 'Market Demand' is dropping past prior low point (excluding 25th May 2021 with the loss of load).
Adding to the complexity of a dire supply-demand balance, aggregate production from wind has dropped below 1000MW today.
A brief note about this morning's volatility.
A news article this morning along the lines of 'coldest in 100 years' jumped out at me.
On Tuesday evening (7th June 2022) the NEM exceeded 32,000MW for a brief period of time ... we have a quick look at how this stacks up against prior winter period peak demand events.
A short article to document another volatility evening.