We took particular note in the reference made to OneSteel’s curtailment of load at the times of peak price, and that they have utilised this approach as a means for securing (significantly) lower average cost of electricity over a year.
As you may be aware, we supply our deSide (www.deSide.info) software as a means for informing OneSteel of the timing of these curtailment opportunities.
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.
Augurs to be an interesting day in South Australia today, with two (now three) price spikes already this morning – due in part to no supplies from coal, or from wind.
A few snapshots and quick notes about a very hot spring day in the NEM, with demand soaring, IRPM dropping across the market, and prices at VOLL in NSW
A Market Event Report has been published on the NEMMCO website discussing the market outcomes of the high energy prices in the New South Wales and Queensland regions on Friday, 31 October 2008.
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