Electric UtilitiesAustraliaEquities 1H 20 E 2H 20 E 1H 21 E 2H 21 E 1H 22 E 2H 22 E 1H 23 E 2H 23 E Global Research 21 January 2020 Australian Utilities Sector Soft domestic gas prices add to renewables led price relief and drag wholesale prices lower Wholesale electricity price futures are sharply lower Our updated wholesale electricity price forecast expects prices will average $74/MWh across the National Electricity Market (NEM) in CY20, declining to $70/MWh in CY21 reflecting a material
