Electricity Contract Indexes July, Issue 148
The main index rose this month, but it does look like the market is at a peak, and the CFD index actually dropped like a stone this month, though this was on only one CFD contract that could be included in the indexes. Read MoreIs the Gas Market Working for Consumers?
The Gas Industry Company (GIC) recently released a consultation paper on gas market settings and whether these are fit for the purpose of helping New Zealand through the transition to low-carbon energy. Somewhat belatedly, here are my thoughts. \
Electricity Contract Indexes June 2021, Issue 147
There were 7 contracts traded that were eligible to include in the index calculations this month, which was a step up from last month which had only 3 contracts. Read MoreElectricity Contract Indexes May 2021, Issue 146
There were only 3 contracts traded that were eligible to include in the index calculations this month, following the trend in April of low volumes of trading. Read MoreElectricity Contract Price Increases?
Electricity contract prices have risen, and could rise further. Every month we publish the electricity contract index, but I thought it's instructive to delve deeper into the underlying contract data.
Read MoreHedging Fundamentals Part 3
In New Zealand the contract-for-differences (aka CFD) is the most common off-exchange method for hedging the price of electricity traded on the wholesale market for a specified quantity and time period. In other words, the CFD is a fundamental tool in the hedging toolbox.
Read MoreWho's setting the Gas Price?
"Electricity prices are high at present. Gas prices are also high. Who’s setting these prices?”
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