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Forums › Home Workshop DIY › Wholesale Power Prices - very low prices last few days
darkasdes2

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#261902 20-Dec-2019 15:55
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Hi all

 

Just wondering if anyone is in the know why the whole power prices have been so low in the last few days. Been ranging from $1 to $25 a MW according to

 

https://www.em6live.co.nz/Default.aspx

 

 

 

 

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msukiwi
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  #2379250 20-Dec-2019 16:01
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Probably because the hydro lakes are full again here in the South Island anyway?



wellygary
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  #2379251 20-Dec-2019 16:02
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I'm guessing the lakes being over full has something to do with it...

 

https://www.transpower.co.nz/system-operator/security-supply/hydro-information#Current Hydro Situation

 

Also demand is about to fall off a cliff as the Xmas Shutdowns start... (and some may have already happened)

 

https://www.transpower.co.nz/system-operator/security-supply/market-indicators#Demand

 

 

 

 

darkasdes2

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  #2379253 20-Dec-2019 16:10
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Cheers for the links

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