Key takeaways from the report include the following:
- Price forecasts for the Wholesale Electricity Market (WEM) and the Reserve Capacity Mechanism markets across three scenarios and several sensitivities;
- An update on the outcome of the 2024 Capacity Cycle (2026-2027 Capacity Year) and the addition of new committed facilities within our modelling;
- A review of the latest available information on a suite of reforms to the WEM, including the proposals from the Reserve Capacity Mechanism Review, the WEM Investment Certainty Review, and the federal Capacity Investment Scheme; and
- An update of grid augmentation timings to reflect recent announcements and uncertainty around funding arrangements.
If you are an Aurora subscriber, you can view the full report on EOS.
For more information or to find out how to become a subscriber, contact Piers Beesley.
