Not to be left out, the TAS region experienced its own run of volatility this morning … such as the 07:40 dispatch interval (NEM time) captured in NEMwatch here:
The run of prices began at 05:55 and (apart from the 06:05 dispatch interval) lasted until 08:00, with all those dispatch intervals above $1,000/MWh. Here’s the latest prices in this capture of SMS alerts:
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.
Following from the interest generated in the article published in the AFR, we completed some analysis of the trend in IRPM over the history of the NEM up until June 2007.
The results of this analysis revealed that at no time before 2007 had the IRPM even dropped below 12% and that, except for the 2-day period (19th and 20th June) the IRPM had not dropped below 10%.
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