WattClarity

WattClarity

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

2026 Q2 Contract Prices Jump Further … Especially in NSW
NewsMar 9, 2026

2026 Q2 Contract Prices Jump Further … Especially in NSW

Australian Q2 electricity contract prices surged this week, with the New South Wales (NSW) market showing the sharpest increase. The rise follows the onset of the Middle East conflict, which analysts say is filtering through to Australian energy pricing. ez2view...

By WattClarity
Aula Energy Bought the Lightsource BP Solar Farm Portfolio … so, What Have They Bought?
NewsMar 8, 2026

Aula Energy Bought the Lightsource BP Solar Farm Portfolio … so, What Have They Bought?

On 23 February 2026 Aula Energy announced the purchase of Lightsource BP’s roughly 1 GW solar farm portfolio. The deal includes five operating farms – Wellington (200 MW), Wellington North (400 MW), West Wyalong (107 MW) in NSW, Woolooga (210 MW) in Queensland and Wunghnu (90 MW) in Victoria – together...

By WattClarity
How Much Volume Has Been Traded on the ASX’s New Morning & Evening Peak Futures so Far?
NewsMar 5, 2026

How Much Volume Has Been Traded on the ASX’s New Morning & Evening Peak Futures so Far?

ASX Energy introduced Morning Peak and Evening Peak electricity futures eight months ago to address peak‑demand hedging needs in the NEM. Trading activity has been minimal, with only 58 Evening Peak contracts and zero Morning Peak contracts exchanged across NSW,...

By WattClarity
Basslink Gets Final Revenue Determination for Operation as a Regulated Service
NewsMar 2, 2026

Basslink Gets Final Revenue Determination for Operation as a Regulated Service

On 27 February 2026 the Australian Energy Regulator (AER) issued its final revenue determination for Basslink Pty Ltd’s transmission cable for the 2026‑30 control period. The regulator approved a nominal, smoothed revenue of $459.5 million, marginally below Basslink’s revised $461.2 million proposal. Cost allocation...

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

By WattClarity
New FCAS Resources Dominate Enabled Levels in 2025
NewsFeb 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?
NewsFeb 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