Report: LGC Snapshot (October 2015)
Highlights from latest report
- The spot LGC price opened the month at $64.65 and progressively increased to close the month of October at $69.25. The price continued to rise into November and reached $72.40 on 6 November.
- Average wind energy capacity factor in October increased to 31.2 per cent (for pre-2013 plants) and 31.3 per cent including all wind farms.
- Total generation (proxy for demand) is 0.8 percent higher on a year‐to‐date basis compared to the same period in 2014.