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.
Returning to the theme of analysis of Q2 prices (completed in 2017 and 2016 due to Q2 historically being an uneventful period) we see that prices have backed off from the “off the charts” level of 2017, but are still much higher in all regions than most other regions. In some cases results are second worst in 20 years.
Considering the extraordinary weather, bushfires, and a couple of large Victorian generators still not back from long term repairs, last week was probably less eventful for the NEM than might have been expected, but it certainly wasn’t incident-free. A very…
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