Australian Chart of the week | A look under the hood: Q1 actuals vs BPC forecast

After last week’s Chart of the Week, we received interest from some readers on the topic of price variability beyond the average profiles we showed. As we mentioned last week, the average prices (and average profiles) are just one facet that can inform the commercial viability of assets going forward. However, when looking at average prices, it is important to remember that there may be events behind the data resulting in a distribution that is heavily skewed by extreme events.

In this week’s Chart of the Week, we have plotted the average daily spread of electricity price outcomes for Q1 for the last five years and included the outcomes from our in-house Benchmark power curve (BPC) price forecast (December Update).

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