Yes, prices do jump this high in the middle of the night, occasionally:
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.
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Paul McArdle Wed 15th January 2014
Heatwave threatens to melt Victorian all-time electricity demand record today – with Reserve Trader getting a run
An early review of what’s been happening today (Wednesday 15th January) with the heatwave in Victoria and South Australia
Paul McArdle Sun 17th August 2025
Administered pricing for FCAS in South Australia from 05:20 on Sunday 17th August 2025 (part 1)
AEMO notes that ‘it has determined that an administered price period will commence at the trading interval starting 0520 on 17 August 2025’ for FCAS in South Australia. We take a quick look…
Paul McArdle Thu 9th February 2017
AEMO’s successive forecasts for NSW tomorrow paint a progressively WORSE picture
Here’s an update on the situation in NSW
Paul McArdle Tue 24th January 2006
30th December 2005 – huge NEM-wide demand on a holiday!
In a week which is traditionally very subdued in the market, the NEM sweltered in temperatures in excess of 40 degrees and an exceptional NEM-wide demand (about 30,000MW) was recorded.
What made this demand peak more remarkable was that this occurred on a day when, traditionally, a large amount of commercial and industrial load would have been offline for the Christmas & New Year holiday.
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