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.
Within the same 24 hour period as California again feels the stresses of its own extremes, we see that Victoria experiences the other side of this energy transition challenge, with a new record low for Scheduled Demand set for *any* time of the day…. in the middle of the afternoon!
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