Tasmania
Tasmania remained heavily reliant on hydroelectricity, with water storage levels directly impacting generation capacity. Electricity demand remained low, generally keeping prices moderate, although dry periods with constrained hydro output led to occasional price spikes. The gas market had minimal influence due to negligible gas demand. With volatility tied closely to hydro conditions, it is recommended that businesses review their energy position and consider whether to secure now or monitor for better timing.
With current price volatility, it’s worth reviewing your energy position to assess the best time to lock in a contract.