Electricity Contract Index December 2025, Issue 201
Summer has arrived finally, but the long discussed wet spring has made its impact in the market, Southern Lakes are full, with spilling recently at Pukaki after previous spilling at Te Anau and Manapouri. The outcome is as expected, lots of contracts in the market, with the signs that many were watching and waiting, and have returned to market in November and December.
December has also continued the good run we have seen of high generation from renewables, with renewable generation at the time of writing at 98%, and 1 cent prices a result of that spilling.
Many, especially those camping during the summer break will be looking for some warm and dry weather, and Earth sciences NZ have continued to forecast La Nina in effect, what we can be assured of is that dry weather will present itself sooner rather than later, and will bring our gas situation back into sharp focus. All eyes will be on what the government will decide in the new year regarding LNG.
It’s been another busy year for the Energy Link Team, and we’re all about to head away for a nice long break to recharge the batteries. We hope you also get a chance to recharge your battery over the holiday season. See you in the New Year.