Energy Focus CY2016
Tue 30 May 2017
2016 saw dynamic changes in the Australian energy market:
- Reduction in base load generation capacity with the closure of Northern power station and announcement of Hazelwood Power Station closing
- The emergence of high gas prices, particularly over winter which drove higher electricity prices
- Higher average spot electricity prices combined with lower volatility led to lower $300 Cap pay-outs.
- ASX traded volume reduced by 5% year on year but face value is up 17%.
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