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NEM power price trends | Q3 2023

Cornwall Insight Australia has released our latest NEM Benchmark power curve (BPC) for Q3 2023 to our insight service subscribers. We have released a free excerpt, which you can access below.

The future of the energy transition requires substantial new generation, which means increasing the size of the skilled workforce, speeding up the connections process, and substantial new transmission infrastructure. In this quarterly release of our BPC, we examine these constraints and requirements while concluding that another dispatchable generation technology is required to meet peak periods in addition to wind, solar, batteries, and pumped hydro.

The BPC is based on comprehensive market and asset-level electricity modelling that delivers long-term power price forecasts, informed by industry-leading regulatory, market and policy expertise and supplemented with direct access to trusted practitioners.

We hope this excerpt is of value-add to you and your business. Please don’t hesitate to contact us if you have any questions or want further information on subscribing to the BPC insight service.

Request your copy here

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