Below, we summarise our latest forecast for wholesale electricity and Large-scale Generation Certificate (LGC) prices in the National Electricity Market (NEM) 2020-40, contained in our quarterly Australian Electricity Outlook (AEO).
The AEO presents RepuTex’s forecasts for wholesale price development over both medium- (16 quarters) and long-term horizons (20 years), providing an outlook for wholesale electricity prices for each region of the NEM in line with RepuTex’s view of the most likely market drivers and the current transition of the energy industry.
The AEO also provides an outlook for LGC prices, along with forecasts for market outcomes (such as change in capacity and generation mix) and analysis of the major factors that will impact on the electricity market in the forecast period.
The below summary describes our forecast changes in capacity and wholesale electricity prices in annual average (all regions) terms.
