Uncertainty rules in Australian electricity derivatives market

Sydney Harbour Bridge and Opera House

Australia is known as a country of extremes, with some of the highest temperatures and driest places in the world. Spot power prices in the Australian National Electricity Market (NEM) reflect this and are often highly volatile and weather driven. According to minimum and maximum levels set by the Australian Energy Market Operator, which runs the NEM, spot prices can range from as low as –A$1,000 ($907) per megawatt hour (/MWh) to as high as A$12,900/MWh.

Such spot market fluctuations have foste

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: