The NSW Government electricity planner TransGrid said NSW retail prices appeared about to take a near-vertical leap upwards. It also expected Queensland's over all demand to soon over take NSW.
(Full Article)Nextgen reported in the Queensland GEC market one midweek trade took place in the Cal 08s at $10.75 in 25K. Erisk notes that this appears to relate to an oversupply caused by new coal seam methane.
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