The Cost of Inter-island Power Transfers
I’ve given talks recently at the Energy Trader Forum in Wellington and at the Otago Energy Research Centre’s annual symposium in Dunedin, including an overview of how recent upgrades on the HVDC link have changed the cost of transmission between the islands.
Read MoreIssue 100 of the Electricity Industry's Best Kept Secret
The majority of direct and indirect participants in the electricity market, from generators and retailers through to large consumers, aren’t aware that there is an essential piece of market intelligence available free on this very web site. And this month we publish it for the 100th time.
Read MoreRecords Fall as Dry Period Continues
Inflows into the South Island’s major hydro lakes since February rank as the lowest on record, by quite a margin.
Read More1992 Shortage Revisited
With the storage lakes falling fast, it got me thinking about other ‘dry year’ events we’ve experienced, which really helps to put the present, and the market, into context.
Read MoreCompetition, the Internet and the Customer
I was privileged to speak at the Energy Management Association of NZ (EMANZ) annual conference in Wellington last week and showed how market reforms over the last two decades, and now the Internet, are working together to disrupt the retail electricity market.
Read MoreShould I stay on spot or switch?
After a long period of low spot prices and low volatility in spot prices, hydro storage lakes are emptying out and it’s a timely reminder that the hydro situation can change very quickly. But it raises the question: when spot prices start to rise, should I stay on a spot pricing plan, or should I switch to a fixed price plan?
Read MoreCost on the Line – The rising cost of delivering electricity
The charges for delivery of electricity (a.k.a. lines charges) include the cost of providing local networks and the transmission grid, and are published by local network companies, typically from 1 April for the year ahead. Now that the dust has settled from the most recent round of price adjustments, let’s take a look at what’s happening to line charges in major centres around the country.
Read MoreIs the Answer Blowing in the Wind - an Update?
I was once again privileged to speak at NZWEA’s annual conference held in Wellington last week, updating some aspects from 2016 and posing a paradox for 2017.
Read MoreEnergy Link’s April 2017 Price Path
Our Price Path is a forecast of electricity spot prices at over 200 nodes on the national grid. The latest version was released last week and covers the period from April 2018 to March 2033.
Read More