Monthly reporting time ... well, for CEN this is: https://www.nzx.com/files/attachments/241356.pdf
Highlights:
The average NI unit price achieved ($68 / MWh) is well above the average unit price NWF achieved last year ($55.37 for NWF) and much better than the average unit price for the same month last year ($54 / MWh). Obviously - we had some cold spells, but maybe the effect of the capacity reduction (CEN mothballing Huntly) starts to kick in as well?
More wind (and more wind-electricity generated) in July 16 than in July 15. I didn't try to run the charts back into numbers, but just looking at the pictures - I'd say something like 25 to 50% more wind power generated in July 2016 (vs July 2015):
2015 graph:
Windpower2015July.JPG
2016 graph:
Windpower2016July.JPG
On the downside:
Plenty of water in the hydro storage and not that much wind in the first half of August.
Overall electricity demand down 3% compared to last year.
Still - looks sort of promising. Should shape up to a good first quarter and support the current SP;
Reply With Quote
Bookmarks