The wind returned to South Australia last week increasing wind generation and pushing down wholesale market electricity prices to an average weekly price of $64.99/MWh. Peak period prices averages $73.78/MWh (7.38 c/kWh) and off-peak period prices averaged $58.70/MWh (5.87 c/kWh).
Figure 1 shows the box plot of the daily distribution of half-hour prices for the week. The distribution of half-hour prices dropped sharply on Tuesday 3rd July and remained low for the remainder of the weak. […]