Paul was one of the founders of Global-Roam in February 2000. He is currently the CEO of the company and the principal author of WattClarity. Writing for WattClarity has become a natural extension of his work in understanding the electricity market, enabling him to lead the team in developing better software for clients.
Before co-founding the company, Paul worked as a Mechanical Engineer for the Queensland Electricity Commission in the early 1990s. He also gained international experience in Japan, the United States, Canada, the UK, and Argentina as part of his ES Cornwall Memorial Scholarship.
For only the third occasion in the 10 1/2 years that the NEM has been operational, the Cumulative Price Threshold (CPT) has been reached. Yesterday evening, the CPT was reached in the Tasmanian region.
NEM-wide demand is still to crack the 30,000MW barrier (which used to be fairly commonplace several summers ago). This is not providing good news for generators.
Some quick reflections on a day that saw spot prices in QLD down below $0/MWh for most of the period seeing strong daylight hours, hence strong injections from rooftop PV systems.
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