Some better energy news for a change, from AER Electricity report 2 – 8 July 2017. Future wholesale prices electricity prices for SA coming down according to the future contracts that have been traded, after the coming summer. There is clearly some market nervousness about the coming summer, though impacts of the ‘big battery’ not factored into this data. Wholesale price improvement after that.
Compare the following two figures
Quarterly base future prices Q3 2017 – Q2 2021
So on the basis of this, we could say that the SA Energy Plan has been well received by the markets and medium term with wholesale prices nearly halving over the next 2 years, on the basis of market expectations.