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Stanwell rejects Stillwater's 'deliberate late rebidding' claim in Australian appeal

By Saloni Sinha ( March 9, 2026, 08:55 GMT | Insight) -- Rebids made by electricity generators Stanwell and CS Energy were rational responses to changing price forecasts, not “deliberate” attempts to inflate wholesale electricity prices as alleged by farming business Stillwater Pastoral, Stanwell Corporation told an Australian court. In a hearing last week, Stillwater argued that “late rebidding” by Stanwell and CS Energy was a deliberate choice designed to maximize price spikes rather than a routine response to changing market conditions.Rebids made by electricity generators Stanwell and CS Energy were rational responses to changing price forecasts, not “deliberate” attempts to inflate wholesale electricity prices in the state of Queensland, as alleged by farming business Stillwater Pastoral, Stanwell Corporation told an Australian court....

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