ITK Research https://itk.quarto.pub/itk_articles/jotter.html Electricity markets analysis quarto-1.4.542 Sun, 25 Feb 2024 14:00:00 GMT Move over once, move over twice David Leitch https://itk.quarto.pub/itk_articles/jotter/Under_construction/2030_target.html

Crossing over in 2025 the way to 2030

Under construction,Source:wwww.renewmap.com

Under construction,Source:wwww.renewmap.com

Progress,source: NEM review

Progress,source: NEM review

Over 50% in late 2025, source: ITK estimates

Over 50% in late 2025, source: ITK estimates
]]> analysis nem gas https://itk.quarto.pub/itk_articles/jotter/Under_construction/2030_target.html Sun, 25 Feb 2024 14:00:00 GMT Gas share and price premium in Sth Australia David Leitch https://itk.quarto.pub/itk_articles/jotter/sa_gas_v_price/

Despite 2022 the data shows that as the gas share of production falls so do electricity prices

The following chart shows a six year 365 day rolling history of the gas share of demand (demand includes net imports), compared to the South Australian price premium. The price premium was defined as the Sth. Aust. price - the average price of all the States in a half hour. Basically as the gas share falls so does the price. However the extreme circumstances of 2022 when gas prices were at rationing levels, meant that relative prices rose in South Australia, still the most gas dependent state.

Now that gas prices are declining South Australian prices can resum their relative fall

source:NEM review

source:NEM review
]]> jot nem sa gas https://itk.quarto.pub/itk_articles/jotter/sa_gas_v_price/ Tue, 13 Feb 2024 14:00:00 GMT Futures David Leitch https://itk.quarto.pub/itk_articles/jotter/futures/index .html

Chart of the day - Flat load futures are falling

“NSW annd QLD”

“NSW annd QLD”

“Vic and SA”

“Vic and SA”
]]> jot nem futures https://itk.quarto.pub/itk_articles/jotter/futures/index .html Mon, 12 Feb 2024 14:00:00 GMT