MENU

NEMMCO Market Event Report – 31 October 2008

Posted by Paul McArdleWednesday 17th December 2008  12:00 AM   Topic: 2008 - 31st October - High Prices and Low Reserves in NSW

“The energy price in New South Wales increased to the market cap price of $10,000/MWh at trading intervals (TIs) ending 13:00hrs, 13:30hrs and 15:00hrs on Friday 31 October 2008. The Queensland region saw energy prices rise to a maximum of $3,618.51/MWh at TI 14:30hrs. Mainland Frequency Control Ancillary Services (FCAS) prices reached $105.13/MWh at 14:50hrs. The Tasmanian region saw a negative energy price of -$0.43/MWh for the trading interval ending 15:30hrs. Energy prices in other regions were not materially affected.”

A Market Event Report has been published on the NEMMCO AEMO website at

http://www.nemmco.com.au/opreports/180-0088.htm
http://www.aemo.com.au/reports/180-0088.pdf

NEMMCO says that a system incident report covering the reliability of the power system during this event will be published separately (and we’ll link to it, when we see it).

Tags:

SHARE ON LINKEDIN SHARE ON X SHARE ON FACEBOOK

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

Be the first to comment on "NEMMCO Market Event Report – 31 October 2008"

Leave a comment

Your email address will not be published.


*