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Could COVID-19 pandemic create a ‘perfect storm’ for wholesale electricity prices?

In part one of this two-part series we discuss our medium-term expectations for the National Electricity Market (NEM), specifically the impact of COVID-19 on forecast wholesale prices in line with our latest Australian Electricity Outlook (AEO).

Part two of the series will discuss our longer-term expectations for price formation under our Alternative Case, reflecting AEMO’s “Step Change” shift to renewable energy in line with a “well below 2°C” Paris climate commitment (e.g. achieving net-zero emissions prior to 2050).

Background to our Australian Electricity Outlook (AEO)

RepuTex’s quarterly AEO provides an outlook for wholesale electricity prices for each region of the

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