With the same network outage noted on Friday evening continuing, and wind conditions having dropped again mixed with a bit of cloud cover, it’s not really a surprise so see prices elevated on Sunday 13th August, as shown in this snapshot from NEMwatch at 14:40
The snapshot shows that prices have been elevated through much of the weekend (spiking a bit further to $1,000/MWh here).
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.
Guest author Carl Daley from EnergyByte provides this summary of record-setting spot price outcomes throughout April. Carl also looks at how generator outages, rising global LNG and thermal coal prices, and other factors are putting pressure on spot prices.
Prompted by a question by a client in a training session for a new ez2view user, guest author Allan O’Neil has written 2,940 words to explain the price outcome in one particular dispatch interval for one particular region (19:05 on Tuesday 11th February 2025 in South Australia). Strap in, because it’s a good illustration of why the simple ‘merit order’ bid stacking model is sometimes (often!) way too simplistic!
One of 12 articles on the months past in the NEM. Here we present a detailed analysis of prices in each region of the NEM, for the month of April over the past 10 years.
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