In this week’s ‘Chart of the Week’, we will outline some of the key highlights from our latest report, to provide you with a flavour of the latest long-term trends for response and reserve.
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Related thinking
Low carbon generation
BEIS confirm end-date for recognition of EU GoO imports
In this week’s ‘Chart of the Week’, we examine the historical volume of GoOs imported for FMD and explores what impact GoO removal will have on the REGO market.
Commercial and market outlook
Recent events push NEM turnover to new heights
The story of recent times in the NEM has been the significant escalation of wholesale price outcomes in the market. As discussed repeatedly, elevated fuel costs for gas and supply constraints in the market have sent NEM turnover to uncharted territory. By NEM turnover, we refer to the total costs...
Commercial and market outlook
Big Battery, even bigger revenues
The Victorian Big Battery (VBB) in Geelong, Victoria, is currently the largest commissioned battery in the NEM at 300 MW/450 MWh. In Q2 2022, VBB, and its owner Neoen, posted an estimated AEMO wholesale net revenue of just over $13 million for the three-month period. It is important to note...
Energy storage and flexibility
Sky-high prices in Dynamic Containment
In this week’s ‘Chart of the Week’, we explore the drivers behind the record high prices seen in the Dynamic Containment Low service in June, which saw individual assets accrue gross revenues of over £1mn, and consider the outlook for future service prices.
Commercial and market outlook
Elevated Wholesale Price in the NEM: QLD on the verge of triggering Administered Price Cap (APC) again
The Administered Price Cap (APC) was triggered for the first state on 12 June at 6:55 am as a result of QLD breaching the Cumulative Price Threshold (CPT) of $1,359,100 for the rolling 7-day period. This caused the withdrawal of capacities by gas generators that could not recover fuel costs...
Commercial and market outlook
Gas generation on the move
Gas and electricity prices in Australia are unavoidably linked, particularly in the evening peaks where the gas generators have increased capability to set the price. Due to the recent spike in global gas prices, there has been a distinct change in gas generator bidding strategy resulting in an increase in...
E-mobility and low carbon
Not all doom and gloom: Public EV charging pricing
For electric vehicle (EV) owners wanting to use the public charging network, there are a range of membership and pricing structures available across the different charge point operators (CPOs) across the UK. Rising costs have been an all-too common headline over 2022, and in this 'Chart of the week', we...
Power and gas networks
UIG trends and reform options under UNC781R
Identification of Unidentified Gas (UIG) and its allocation has been a contentious issue for some time, there are a range of views across the gas industry on how it could be improved. In this 'Chart of the week', Hursley Moss discusses the recent trends of UIG and the possible reform...
