Energy knowledge to empower a positive future for Australia.

9 minute read
Demystifying the spot market
Jenessa Rabone
15 February 2019

The concept of supply and demand is fundamental to the mechanics of the wholesale market. But how do generators receive payment for the electricity they produce? Learn more about the bid stack on the spot market.

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insight of the dayDean Smith, AGL's Manager Power Development

We've done the sums and what makes the most sense is cheap, renewable energy from wind and solar, combined with more flexible and firming energy sources (like quick-start gas generation, large-scale batteries and pumped hydro), that can supply energy during peak periods or whenever renewables aren't available. This is an energy mix.

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