With just about half of summer left to go, many keen NEM observers would agree that it has been a pretty mild journey so far; at least as far as the NEM is concerned. But how mild are we talking here?
In this ‘Chart of the week’, via a time-of-day analysis, we examine demand and pricing for the first full month of summer (December 2020) in Victoria. Comparing events from last month with previous years, we provide commentary on drivers for these rather unique outcomes, as well as the impact the ongoing energy transition is having on prices in the NEM.