Market Update

Market Update

  Anyone sitting on a contract renewed during 2020 or 2021, or forward contracted for July 2022 start, should be pretty pleased you are an NES customer right now and avoiding the pricing explosion that has occurred.  But be warned, it is highly probable you will...
HVAC Pre-Cooling

HVAC Pre-Cooling

Large Commercial and Industrial Air Conditioning systems with a cooling tower and central plant with chillers are often hugely inefficient due to the location of the installation.  They are often installed on rooftops or in plants rooms that maintain high levels of...
RERT Event

RERT Event

Many of our customer sites have been affected by the floods in Queensland and New South Wales.  As a result of these floods, some sites in these areas will have a “Reliability and Reserve Emergency Trader (RERT)” charge included on their upcoming invoice....
Market Update

Market Update

Since the withdrawal of the Hazelwood Power Station in Victoria in 2017, pricing was extremely volatile with new contracts are predominantly delivering a decrease in energy costs to existing contracts from 2021 to 2023.  Significant impacts to demand during COVID...
Market Update

Market Update

By now many would be aware of the unscheduled outage at the Callide Generator in QLD.  This has had a detrimental impact on pricing which is not expected to last long. The impact of Callide has been immediate, with significant increases in spot prices. ...