A short post to note (and possibly refer back to) a burst of high spot prices in QLD and NSW this afternoon, starting from the 17:10 dispatch interval. This afternoon’s price action is a continuation of a pattern we’ve seen earlier this week—already on Monday and on Tuesday.
Dan is a Market Analyst, who joined Global-Roam in June 2013.
He departed (and returned) for a couple of brief stints overseas, before rejoining the team permanently in late 2019. Alongside his work at Global-Roam, he has undertaken short-term contract roles as an analyst and researcher in various areas of the energy sector. Dan graduated from the Master of Sustainable Energy program at the University of Queensland in 2024.
A quick summary of what’s just happened this afternoon (15:10) with the separation of VIC-to-NSW interconnector due to bushfires that have been plaguing the NEM this summer…
For only the third occasion in the 10 1/2 years that the NEM has been operational, the Cumulative Price Threshold (CPT) has been reached. Yesterday evening, the CPT was reached in the Tasmanian region.
Leave a comment