Australian Energy Market Dynamics: Report
East Coast Australian energy dynamics from the report indicate that operational demand remained steady, with distributed PV growth offsetting underlying demand growth. Renewables supplied a higher share of NEM generation, reaching new Q1 highs. Expanded battery capacity reshaped supply patterns across the day. WEM supply mix shifted further towards renewables, while battery storage reshaped intraday supply patterns while average WEM energy prices remained consistent year-on-year, with lower volatility, and essential system services costs declined for the west coast energy market.
Read More
