A short article this evening with this snapshot from NEMwatch highlighting the 17:45 dispatch interval with spot prices up at $13,200/MWh (up towards the Market Price Cap).
No other comments on this article … something to refer back to later…
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time.
As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.
Second article this week about a forecast LOR2 Low Reserve Condition that has arisen for QLD this Friday 3rd February (coincident with what would be a new all-time record for peak demand).
Given the significance of the event (Reserve Trader almost triggered on Thursday 16th March – 34 days till the closure of Liddell Unit 4) we’re investing some time in exploring more detail of the event. This is Part 1.
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