2025: The big turning point for our electricity market

(Image: Getty)

Fri, 07 Feb 2025

As we all get back to business for 2025, it’s a good time to reflect on the electricity market's ups and downs of 2024. It will be remembered as the year when electricity pricing and security of supply issues were at the forefront of the political agenda and one of the most covered topics in the wider media. Most of the narrative was doom and gloom. Hourly winter spot prices reached unprecedented highs, and low hydro lake levels triggered a surprising amount of imported coal to be burned. Both of these issues, whi...

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