Price hits the new Market Price Cap in NSW this morning

Posted by Paul McArdle Tuesday, August 10 2010 Topic: Winter 2010 in the NEM

No time to post any commentary today, but thought you still might be interested in these snapshots from NEM-Watch 8, running in playback mode:

08:15

All’s quiet

2010-08-10-at-08-15-NEM-Watch-playback

08:20

Price jumps in NSW and falls in QLD

2010-08-10-at-08-20-NEM-Watch-playback

08:25

Demand drops in NSW

2010-08-10-at-08-25-NEM-Watch-playback

08:30

2010-08-10-at-08-30-NEM-Watch-playback

08:35

2010-08-10-at-08-35-NEM-Watch-playback

08:40

 2010-08-10-at-08-40-NEM-Watch-playback

08:45

 2010-08-10-at-08-45-NEM-Watch-playback

08:50

 2010-08-10-at-08-50-NEM-Watch-playback

08:55

 2010-08-10-at-08-55-NEM-Watch-playback

09:00

Prices subside

 2010-08-10-at-09-00-NEM-Watch-playback

09:05

 2010-08-10-at-09-05-NEM-Watch-playback

Note that these price spikes this morning are subject to an AEMO review of Over-Constrained Dispatch.

Tags:

SHARE ON LINKEDIN SHARE ON TWITTER SHARE ON FACEBOOK

About the Author

Paul McArdle
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time. As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.

Related Articles

Paul McArdle
Thursday, June 11 2009

Prices Surge in QLD and NSW as Demand Climbs

We noted yesterday (Wednesday 10th June) that NEM-wide demand climbed past 32,000MW for the first time this winter.

The following evening saw demand climb to similar levels (a peak of 32,054MW at 18:20 – so 35MW higher than the previous night). However the situation on Thursday night was different in two key ways…

Be the first to comment on "Price hits the new Market Price Cap in NSW this morning"

Leave a comment

Your email address will not be published.


*