For two remarkable winter evenings in 2007 (19th and 20th June specifically) NEM-Wide Instantaneous Reserve Plant Margin (IRPM) plunged to the lowest levels ever seen in the NEM (a mere 7.6%) as generators were caught short of capacity by a cold snap that hit earlier than expected, whilst plant was still out for maintenance and other plant still suffering from drought-inflicted limitations of capability.
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.
This week saw a new record demand in NSW of 13,292MW on Thursday 2nd February. Correspondingly, average prices were above $100/MWh in both NSW and Queensland – but the price spikes did not transfer to the southern regions.
Wednesday 8th June 2022 saw bust-boom-bust supply-demand balance, with yo-yo pricing resulting. Very topical, given discussions in various parts about a capacity market.
A couple days after the end of ‘winter 2024’ the temperature has dropped by 10 degrees in Archerfield. We take a look at how temperatures in Archerfield through winter 2024 compare with the 18 preceding years to see how remarkable was the ramp in temperatures at the end of August 2024.
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