Yes, prices do jump this high in the middle of the night, occasionally:
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.
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Paul McArdle Fri 29th April 2016
Quick wrap of the winners of our “best forecaster in the NEM” competition for extended summer 2015-16
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Paul McArdle Wed 7th February 2018
Victorian demand rises above 9,000MW – which (in combination with other factors) leads to a volatile day in the southern regions
On a day when high temperatures drove demand in Victoria above 9,000MW (and NEM-wide demand above 30,000MW) we saw some price volatility – with prices in VIC and SA up around $14,000/MWh
Allan O'Neil Mon 15th March 2021
Down 55% – but not out
Over 2,000 MW – or around 55% – of South Australia’s firm supply capacity was unavailable last Friday evening (March 12, 2021), along with virtually all of its large-scale renewable supply (a further 1,800 MW or so) but the lights…
Paul McArdle Tue 28th January 2014
A hot, but windy, day in the south presents less challenge to the supply/demand balance
A quick look at how Victoria and South Australia fared on Tuesday 28th, given the predictions of a return to hot weather at a time when schools and businesses are back to work.
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