Crucial intelligence to understand the changing dynamics of the Australian energy market
Australia is a world-leading case study in how to integrate high levels of solar and wind into an isolated power grid. Australia’s two main grids—the National Electricity Market (NEM, east coast, about 200 TWh) and Wholesale Electricity Market (WEM, west coast, about 20 TWh)—are transitioning rapidly, with ageing coal-fired power stations being replaced primarily by variable renewable energy. Stay on top of all developments with our suite of Australian services.
What you need to know about the market
- The NEM spans 6 state/territory governments and the Federal Government, with each tier of government setting increasingly ambitious renewable energy targets (including a national goal of 82% renewables by 2030).
- The NEM is one of the world’s most volatile, energy-only markets, with wholesale prices cleared every 5 minutes and ranging between A$1,000/MWh and A$16,600/MWh in 2023.
- Developers face unique grid risks in Australia, with generators bearing the risk of location-specific curtailment and poor “Marginal Loss Factors”.
Which products are available?
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Power & Renewables Service
Robust, transparent analysis, widely used and trusted amongst major market participants and bankable forecasts to support asset financing and in-depth analysis to underpin your investment strategies
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Flexible Energy Service
Detailed analysis and granular forecasts for power, balancing, and ancillary service markets plus access to investment case data for a wide range of battery storage and gas peaker business models
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Hydrogen Service
Crucial analysis into market sizing and drivers, dedicated insights following policy developments and project activities across power, heat, transport, and industry
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Amun – Wind Valuation Software
Bankable valuation software for wind assets with an optimised site design and technology to maximise revenue in just a few clicks
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Chronos – Battery Valuation Software
The most powerful battery valuation software. Bankable projections trusted by financial institutions across the world.
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Origin – Power Market Model Software
The most sophisticated market modelling software at your fingertips where you can generate your own market scenarios using our in-house power market model