A tight supply/demand balance in NSW on the 31st October, exacerbated by transmission constraints into the region led to sustained higher prices in NSW.
About the Author
Paul McArdle
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.
Related Articles
Paul McArdle Mon 9th January 2006
3rd January 2006 – Outages force QLD price to VOLL
The week started with commotion in Queensland, when the VOLL price ceiling was reached.
Further analysis revealed that this was due to transmission system events and the trip of several generation units within Queensland.
Paul McArdle Tue 25th May 2021
QLD dodged a bullet …. Tue 25th May 2021 (Part 3)?
Third short article this evening, after it looks like we’ve escaped from a tight supply/demand balance (reasonably) unscathed.
Paul McArdle Fri 30th November 2012
Prices soar as the south-east sizzles – with summer arriving early
Some quick observations about the price spikes observed yesterday on the back of high temperature-driven demand in Victoria.
Paul McArdle Mon 2nd July 2012
A very volatile day in VIC and SA (not particularly due to the Carbon Tax)
Some quick notes today, on day #2 of the Carbon Tax, prompted by some prices that jumped all around the place (not so much due to carbon, though).
Be the first to comment on "31st October 2008 – High Prices and Low Reserves in NSW"