In this edition of the Weekly Dispatch:
- Ocean surface temperatures hit new records and the Bureau of Meteorology’s latest model run suggests El Niño is increasingly likely later this year.
- Lynne Kiesling writes how a misdiagnosis of the 2021 ERCOT energy crisis is leading to the costly procurement of gas generation capacity, which will be borne by Texan consumers and/or taxpayers.
- Still in the US, California generated enough clean energy to meet more than 100% of midday demand last weekend. Gas generation remained online to provide system security services.
- Construction begins on the first stage of the 1300 MW Golden Plains wind farm
- The Commonwealth Government has released its final consultation for the mandatory code of conduct for the east coast gas market which extends the $12/GJ price cap (with exemptions) to at least 2025.
- Podcasts of the week: Energy Insiders hosts Rod Sims on Australia’s low cost green energy opportunity and Montel Weekly on the gas outlook in Europe for next winter.
- Endgame is recruiting for interns. Contact us at careers@endgame-economics.com
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