Worth a short note to highlight the expectation that the Cumulative Price in NSW will drop back under the Cumulative Price Threshold this evening (Tuesday 14th May 2024) … seven days after the initial bout of evening volatility on Tuesday 7th May 2024 started the climb into Administered Pricing:
Here’s a snapshot at 13:59 today (NEM time) showing where we are currently at, and with the expected trajectory sketched in.
This trend was developed using the ‘Trends Engine’ function within ez2view – but we’ve published as a dashboard so you should be able to log in here and watch what happens…
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.
AEMO’s latest update at 10:00 (NEM time) on Wednesday 20th November 2024 in MN120702 shows the forecast severity of LOR3 (i.e. load shedding) in NSW on Tuesday 26th Nov 2024 has dropped (but not disappeared).
A quick look at a brief price spike in NSW and QLD on Friday evening 28th October – which appears to be related to a Ravine -Yass(2) 330kV line outage.
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