A second very brief article today – this time with this snapshot from NEMwatch at 18:55 (NEM time) to record some early evening volatility in NSW over successive dispatch intervals … and QLD spiking to $13,990.01/MWh in the 18:45 dispatch interval:
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.
Following from an alert to the situation provided by NEM-Watch, Duncan Hughes published an article “Power Price Jump in Eye of the Storm” that mentioned the extremely low levels of NEM-Wide Instantaneous Reserve Plant Margin (IRPM) that had occurred for a 60-minute period over both days.
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.
An animated walk through 19 hours of Saturday 14th January 2017 in the Queensland region of the National Electricity Market – a day we dubbed “sizzling Saturday” not least because of extreme price volatility
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