Wrap-up of price spikes in November 2024
There have been about 10 occasions in the market's history when the last week of November has led to extreme prices and this November, was no exception -...
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High prices in NSW eventuate early, and briefly, on Tue 3rd Dec 2024 as Collector-Marulan 330kV outage invoked
High prices eventuate slightly earlier than was earlier predicted, coinciding with the ‘N-CTMN_4_WG_CLOSE’ constraint set starting invocation today.
Spicy prices forecast in NSW (and LOR2) … with ‘N-CTMN_4_WG_CLOSE’ constraint set now invoked again
A short note for Tuesday morning 3rd December 2024 to highlight the emergence of forecast LOR2 conditions (and spicy prices) in NSW for later today
(Afternoon and) Evening volatility in NSW and QLD on Monday 2th December 2024
A short record of some high prices in NSW and QLD from 17:35 (NEM time) on Monday 2nd December 2024.
Dispatch systems interruption on 2nd December, 2024
A brief note to record a NEM production systems incident today, December 2, 2024. AEMO declared a major incident (INC0138848) for the Electricity Market Management System service with...
Availability utilisation on 27 November 2024 in NSW
Separating curtailment from being priced out, we uncover features of unit utilisation by fuel type on the 27th November 2024.
AEMO releases Transition Plan Report, December 2024
The 2024 Transition Plan for System Security ties together many of the threads identified in previous AEMO studies in developing this plan for managing system security in a...
High NSW price forecasts not materialising in dispatch, 29th November 2024
A curious phenomenon we've been watching with interest today has been the somewhat persistent and alarmingly high predispatch price forecasts for NSW.
A chronological record of events in NSW on Wednesday 27th November 2024
Wednesday 27th November saw tight supply and demand balance, NSW Energy prices at the MPC for a string of intervals, actual LOR2 conditions, and activation of the RERT...
Four NEM-related themes from COP29
After returning from COP29 in Baku, Dan shares his thoughts about energy transition challenges in international electricity markets, and how they intersect with what we're seeing in the...
NSW seemingly squeaked through yesterday: Was it even that hot? Did batteries save the day?
An early look at two demand-side factors worth examining regarding the tight situation in NSW yesterday.
RERT dispatched on 27 November 2024 in NSW
A brief recap on the dispatch of RERT on 27 November in NSW compares it to demand levels at the time.
QLD State Government ‘Electricity Maintenance Guarantee’ announced on 28th Nov 2024
A short, belated and back-dated article to point to this Queensland Government Media Statement from the new LNP Government on Thu 28th Nov 2024.
Early reprieve for NSW electricity supply from demand pressure
A demand decline in NSW supports the end to a RERT intervention in NSW on 27 November 2024.
Reliability and Emergency Reserve Trader triggered on 27 November, 2024, NSW
RERT has been triggered in NSW on 27 November 2024.
Which units are still offline in NSW and QLD, as of 3:30pm on 27th Nov 2024
A quick look at our generator outages widget from ez2view, to see which units are still offline as of 3:30pm on Wednesday 27th November 2024.
NSW Government enacts protocols to “reduce electricity demand from government agencies” on 27th Nov 2024
The AEMO have published a third press release regarding low electricity reserves in NSW this afternoon - this time stating that the NSW Government is working to reduce...
Waratah BESS also directed to maintain state of charge on Wednesday afternoon, 27th Nov 2024
The Waratah BESS has receieved a direction to maintain a state of charge of 96MWh, not long after Wallgrove BESS received a similar instruction.
Actual LOR1 condition eventuates in NSW on Wednesday afternoon, 27th Nov 2024
A short post to note that an actual LOR1 condition has eventuated in NSW, as per market notice 121089.
NSW Prices spike early ahead of forecasts on afternoon of 27th November
The Energy price in NSW has already spiked to up near the MPC of $17500 as early as 14:30 NEM time.