Prices in South Australia and Victoria have been high this afternoon, jumping up over $2000/MWh in both states at 3pm NEM-time today. Watch the events unfold in this video using the playback function* in NEM-Watch (click the button in the bottom right to view full-screen):
*The playback function is a standard feature in all models of NEM-Watch.
Yesterday I noted what appeared to be trips of two solar farms – Gannawarra and Karadoc – within a single dispatch interval and coincident with a period of volatile prices. Also yesterday, Dylan McConnell flagged a drop in output at the brown coal plant around the same time, with some questions. With the benefit of access to yesterday’s bids, today I have a look at the 5 power stations (pending a broader review next week by guest author, Allan O’Neil).
An illuminating view of the NEM during the high NSW prices on 31st October 2008, illustrated with screenshots and a dynamic video from the new NEM-Watch v8.
It was volatile this morning well past that’s become ‘normal’ and the volatility has returned (as I expected it would) this evening. Here’s the snapshot of the 17:20 dispatch interval from one of our NEMwatch v10 dashboards: As highlighted: 1) …
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