Yes, prices do jump this high in the middle of the night, occasionally:
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Paul McArdle
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Paul McArdle Tue 17th January 2017
[UPDATED] NEM-wide demand screams past 34,000MW today
NEM-wide demand roared to life today, for the first time this summer, with hot weather pretty much everywhere.
Paul McArdle Thu 31st August 2017
Wind production in South Australia roared out of the June doldrums to a new production record in July 2017
From one extreme (perhaps lowest ever in June 2017, on like-for-like) to the other (new record production) in the space of just one month for aggregate wind in South Australia
Paul McArdle Thu 27th January 2022
Forecast tight supply/demand balance in Queensland on Monday 31st January, Tuesday 1st and Wednesday 2nd February 2022
A couple SMS alerts to AEMO Market Notices speaking about ‘LOR3’ Low Reserve Condition warnings (i.e. controlled ‘load shedding’) spiked my interest, so I took a look on Thursday afternoon about what’s forecast for Wednesday next week (2nd February 2022) in Queensland…
Paul McArdle Thu 14th December 2023
RERT negotiations underway in NSW … at the same time as the NSW spot price is negative and forecast spikes have disappeared
A strange coincidence with the AEMO ‘intending to commence’ negotiations about Reserve Trader for NSW – for this afternoon/evening.
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