Australian Chart of the week | Price cannibalisation in the NEM: dawn of new era?

Price outcomes in the NEM in recent weeks have left many wondering if the market is entering a new era of increased risk and volatility in prices even before 5-min settlement kicks in. In this week’s Chart of the week, we look at prices at certain settlement periods. We analyse the daily average price in Queensland for last August compared to the same period last year. As well as, the daily average output for low-cost renewables (including rooftop solar) for the same time periods.

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