Animated illustration of Queensland Region volatility on 20th December 2012

On a number of occasions through summer 2012-13 we were called on by our clients (and others) to explain why prices were doing what they did in Queensland over that volatile summer.

Most recently we spoke at a conference in Brisbane – as an experiment (to see if it would help to convey the complexity of the interaction between different variables) we put together this movie replay of a 13 hour stretch on one of the early volatile days that featured a number, but not all, of the contributory factors.  It’s not fully polished.
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Here’s an updated animation

Please click through here for an updated animation of this volatile day.

Here’s the earlier view of that day – 20 December 2012 – starting at 08:00 NEM time (Australian EST).

Or view it here.

We put this together with the use of “Time Travel” within our ez2view software for the Australian NEM.

We’d like to hear from you thumbs up or thumbs down does it help you to see, more clearly, these complex interactions?  Please let us know in comments below, or provide your more detailed comments one-on-one (tel +61 7 3368 4064) to myself, Derrick or another of our team.


We are in the process of compiling a detailed, forensic review of all the numerous factors that contributed to the volatility we experienced over the 4-month period (December 2012 plus January, February & March 2013) drawing from both:
1)
the capabilities of our suite of software products; and
2)
the knowledge of experienced market analysts & trading managers.

If you would like more information about this report, please let us know (tel +61 7 3368 4064)


About the Author

Paul McArdle
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.

4 Comments on "Animated illustration of Queensland Region volatility on 20th December 2012"

  1. Clear, easy-to-understand (considering the complexity of the subject!), insightful.

    I’m interested in gaining more information about the report.

    Thank you,
    Dana

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