A short article fro Monday evening with a snapshot from NEMwatch at 17:30 with the spot price up around the Market Price Cap in NSW, VIC and SA this evening:
No other comments at this stage…
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.
Related Articles
Paul McArdle Sun 12th June 2022
South Australia spikes, with Heywood unconstrained … with QLD under Administered Pricing
A follow-on from Administered Pricing in QLD is the start of some head-scratching market outcomes … such as this spike in South Australia.
Paul McArdle Thu 5th March 2015
Queensland electricity demand hits a high mark on Thursday 5th March 2015
A walk-through a high-demand day in Queensland (especially remarkable because of the effect of solar PV output).
Paul McArdle Thu 17th November 2022
Volatility in South Australia on Thursday afternoon 17th November 2022
With low wind production in South Australia on Thursday 17th November, limited import capability and curtailment of rooftop PV, the price has spiked on Thursday afternoon
Paul McArdle Wed 14th June 2023
Transmission outage of the Dapto -to- Kangaroo Valley transmission link in southern NSW (line 18) … and spot volatility
For several reasons we take a look at a transmission outage in southern NSW that contributed to some volatility seen in QLD and NSW in the second half of May … and might also do in the second half of June 2023.
The NEM is certainly creating some volatility alright-
https://www.youtube.com/watch?v=CSkFPA81Uws
That’s not mincing words and calls for a response from the CSIRO and AEMO.