A short article today (something to refer back to later) with a snapshot from NEMwatch at 18:00 (NEM time) with spot prices up in QLD and NSW:
The weather in Brisbane’s been not so ghastly as yesterday, with a fair amount of rain and cloud cover (hence the much more subdued solar yield shown through this day) … though still allowed for an enthralling 4th day and finish to the Gabba test.
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.
Our Managing Director spoke at the “Australian Energy & Utility Summit 08” in Sydney on Tuesday 22nd July 2008, touching on issues including the extremes of price volatility that were experienced over winter 2007.
With GenInsights Quarterly Update for 2023 Q4 completed, and some time till the end of 2024 Q1, we’ve looked back at Tuesday 14th November 2023 (when AEMO had concerns about low System Strength in NSW) and looked at the level of inertia actually seen in the grid. A useful Case Study to say ‘what would have happened without Eraring?’
The dispatch price in Queensland spiked to $1,500/MWh at 18:25 and again at 22:40 yesterday evening – triggering jitters in some who fear a return to the volatility of summer 2013.
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