Prices in South Australia and Victoria have been high this afternoon, jumping up over $2000/MWh in both states at 3pm NEM-time today. Watch the events unfold in this video using the playback function* in NEM-Watch (click the button in the bottom right to view full-screen):
*The playback function is a standard feature in all models of NEM-Watch.
A short look at this afternoon’s pricing volatility in the South Australian region with what appears to be coincident trips at 2 related Large Solar Farms.
Just over 24 hours from making these comments, we saw prices jump sky-high in the mainland regions, and go the other way (to the negative price cap) in Tasmania.
Now that summer 2018-19 has passed, we can reflect on our experiences as a new entrant energy services company facilitating spot exposure for residential energy users – and hence expanding the scope for Demand Response in the NEM.
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