Antinuclear

Australian news, and some related international items

Know your NEM: The calm before reform 

REneweconomy, By David Leitch on 24 April 2017 [many excellent graphs] 

Summary

Delightful Autumn weather and a late Easter lead to soft electricity demand. Despite that, spot electricity prices remain over $100/MWh indicating that there may still be an issue when demand lifts. Gas prices softened but were still high. Share prices were ok, for the most part.

Basically, we are in a holding pattern while we wait for court decisions, the full Finkel Report, federal government policy announcements, Victorian government renewable auction process developments and legislation to set the path forward…….http://reneweconomy.com.au/know-your-nem-the-calm-before-reform-16909/

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April 26, 2017 - Posted by | General News

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