Yes, prices do jump this high in the middle of the night, occasionally:
About the Author
Monday, February 1 2016
Michael Williams has followed-up on an earlier article on WattClarity by posting a more detailed analysis over on www.DemandResponse.com.au about spot exposure and demand response in South Australia for 2016.
Tuesday, December 19 2017
A quick review of a day when NSW demand was forecast to be high
Wednesday, April 26 2017
New record rate of wind power production in South Australia reached towards midnight at the end of Tuesday 25th April
Monday, December 11 2006
There was a temperature-driven spike in demand in South Australia on Friday 8th December 2006.
However, demand also spiked on other days in the week, and on those occasions did not lead to the price spikes seen on the Friday.