Water Week

EWN Publishing

Snowy Report: Snowy Spring melt starts: high snow levels will lower electricity prices

Posted by waterweek on 19 September 2007

Snowfalls within the Snowy Mountains were much higher than last year; and the Spring melt had begun unusually early, in the second week of August.

Snowy Hydro also had an obligation to deliver environmental flows, and these would also impact prices. NSW June prices, were $264/MWh hour average during the water-shortage peak. Prices are now near $30-40. Below, snow levels for 2006, and 2007.

Snow levels
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