Australian winter 2022: how did we get here? Assessing the energy market conditions in Australia
Joshua Stabler A *A Energy Edge, Brisbane, Qld, Australia.
The APPEA Journal 63 25-36 https://doi.org/10.1071/AJ22022
Submitted: 23 December 2022 Accepted: 8 February 2023 Published: 11 May 2023
© 2023 The Author(s) (or their employer(s)). Published by CSIRO Publishing on behalf of APPEA.
Abstract
Electricity and gas prices in the Australian east coast markets reached unprecedented levels from April to July 2022. The following report will investigate the root cause of the market prices with consideration of (a) reference to the international energy market scarcity, (b) government intervention, (c) assessment of availability and behaviour of coal generators and (d) role of gas generators in the east coast of Australia.
Keywords: Australia, energy crisis 2022, government intervention, international gas prices, National Electricity Market.
Josh Stabler is the Managing Director of Energy Edge and an advisor and system developer in the Australian energy industry. Josh has spent more than 20 years researching, analysing and extrapolating individual market participant behaviours from highly opaque market sources. Using these skills, Josh developed the Gas Market Analysis Tool and The Edge – Gas Market Update report. These provide market-leading solutions to the Australian energy markets and interactions into the domestic electricity, retail and domestic gas markets, as well as liquefied natural gas export developments. Clients have used these insights to extract value, develop strategies and trade confidentially in the energy markets. Josh provides clear and detailed due diligence analyses of new developments or mergers and acquisitions of electricity, gas and environmental market assets. Josh has presented to a range of market stakeholders to provide unparalleled market assessments, share timely industry insight, and inform and educate on the latest news and innovations. |
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