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    Behind the Meter

    The view from inside utility management.

    A personal, opinionated briefing on what's happening in utility management. Market moves, regulatory shifts, data patterns, and the things that matter to energy professionals — written by Cohen Robinson and published every two weeks.

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    Past Editions

    The liquidity reform hiding behind ESEM
    Behind the Meter #12
    4 min read

    The liquidity reform hiding behind ESEM

    The NEM Review package is open for consultation until 13 October. Everyone covered ESEM. The market making obligation is the one that reprices your contract.

    The data centre queue is not a demand forecast
    Behind the Meter #11
    4 min read

    The data centre queue is not a demand forecast

    AEMO's 2026 ESOO says more than 40% of data centre projects have dropped out or regressed, and mature sites will use half the capacity they booked.

    Eighty-two per cent of the money arrives after 4pm
    Behind the Meter #10
    4 min read

    Eighty-two per cent of the money arrives after 4pm

    NEM energy revenue fell 18% last year, but 82% of it was earned between 4pm and 6am. What the AER's market performance report means for your next renewal.

    Nine business days to find the error
    Behind the Meter #9
    4 min read

    Nine business days to find the error

    The NEM's settlement cycle halved on 9 August, twenty business days down to nine. What the compressed window means if you reconcile bills against interval data.

    The evening peak stopped paying
    Behind the Meter #8
    4 min read

    The evening peak stopped paying

    Batteries set the NEM price in 36% of dispatch intervals last quarter and cap returns fell 92%. Why the evening peak stopped paying, and what to do at renewal.

    The ISP's real headline is the wind it can't see
    Behind the Meter #7
    3 min read

    The ISP's real headline is the wind it can't see

    Everyone quoted the 2026 ISP's 2050 numbers. The one that sets your forward price is smaller: only half the wind Australia needs by 2030 is visible to AEMO.