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WattClarity

WattClarity

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Australia’s NEM electricity markets, price dynamics, coal/gas/battery S&D.

Recent Posts

Market Price Cap to Increase to $23,200/MWh From 1st July 2026
News•Feb 27, 2026

Market Price Cap to Increase to $23,200/MWh From 1st July 2026

The Australian Energy Market Commission (AEMC) announced that the National Electricity Market (NEM) Market Price Cap (MPC) will increase to $23,200 per megawatt‑hour (MWh) for the 2026‑27 financial year, effective 1 July 2026. This follows a staged rise from $17,500/MWh in FY 2024‑25 to $20,300/MWh in FY 2025‑26. The increase exceeds typical inflation‑linked adjustments because it is part of a multi‑year step‑up pathway introduced in the 2023 rule change. Simultaneously, the Cumulative Price Threshold (CPT) will rise to $2,225,900/MWh.

By WattClarity
New FCAS Resources Dominate Enabled Levels in 2025
News•Feb 23, 2026

New FCAS Resources Dominate Enabled Levels in 2025

The Generator Statistical Digest 2025 (GSD2025) shows that new FCAS resources now dominate all ancillary service categories, with grid‑scale batteries providing the bulk of enabled capacity. Ancillary‑service units classified as "Electricity" also hold a sizable share, especially in raise regulation...

By WattClarity
Who Killed FCAS?
News•Feb 19, 2026

Who Killed FCAS?

FCAS (Frequency Control Ancillary Services) prices in Australia’s NEM have plummeted since late 2023, falling to well below $2/MW h after a multi‑year decline. The collapse coincides with a rapid expansion of registered FCAS capacity, driven largely by utility‑scale batteries, demand‑response...

By WattClarity