As can be seen here in this snapshot from ez2view at 22:45, unit 1 has already returned to service – and we presume that this might be followed by unit 2 (unless it is damaged in some way).
The bid data (available from 04:00 tomorrow) might reveal more but, for now, all we have is conjecture and rumour…
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.
Spot prices spiked across mainland regions this evening – firstly at 17:55 (above $1,000/MWh). and then at 18:00 (up towards $15,000/MWh). Here’s a first look.
Highlighting one example of a unit trip. We expect we will find many in the process of compiling our Generator Report Card 2018 – the bigger question being whether the incidence is increasing (and, if so, to what extent).
Several conversations this week prompted me to update the long-term view of how spot prices have trended over time (in particular because average prices in 2020 were quite different than recent years).
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