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Market analysis of 8 June 2023

Wind generators delivered 117.98 GWh on 8 June 2023 and solar generators delivered 23.30 GWh, a combined 141.28 GWh across Australia’s five eastern and southern market regions. In Network Map’s daily unit records for 1 June to 30 June 2023, that was the 7th-highest daily wind total of 30 dates and the 5th-highest combined wind and solar day.

Wind output averaged 93.09 GWh a day over the same dates, so 8 June ran 26.7% above the period mean. Hydro added 37.52 GWh, while black and brown coal units supplied 177.11 GWh.

The Daily Pattern Through The Month

The first chart places the event day in its monthly context. It shows daily wind and solar energy for each date from 1 June to 30 June. Wind was the larger of the two on 8 June, at 5.06 times the solar total.

Wind And Solar Through June — 8 June 2023; 1 June to 30 June 2023 | Daily Generator Energy | GWh
Daily wind and solar energy, 1 June to 30 June 2023. Source: Network Map; GWh.

Where The Energy Came From

Victoria supplied the largest regional share of wind and solar energy, 52.88 GWh or 37.4% of the day’s total. South Australia followed with 33.03 GWh, and New South Wales contributed 29.85 GWh.

Wind And Solar By Region On 8 June — 8 June 2023; 8 June 2023 | Energy By Region | GWh
Wind and solar energy by region on 8 June 2023. Source: Network Map; GWh.

Reading The Day For Asset Performance

A high-output day is a useful benchmark for comparing a single wind or solar unit with its fuel group and its region. The next step is to match each unit’s interval output with the prices that applied when the energy was delivered, which turns the volume result into a revenue view.

Figures use positive energy from Network Map’s daily unit records for 8 June 2023, grouped by source fuel classification and region. Daily totals are summed across all classified units.

Explore The Data

Markets, Revenue Reconciliation, Curtailment By Cause.

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