I’ve only had about 2 hours this morning to put this together, and have no more time to analyse today, but the following will be of interest to some of our WattClarity readers:
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.
Our Managing Director was asked to speak at the “Queensland Energy” conference in Brisbane on Wednesday 12th March – specifically addressing the topic of price volatility in the NEM.
To provide the basis of discussion during the conference, we focused our analysis solely on Queensland region (to make the topic more manageable).
In our review of volatility in the Queensland region, we focused specifically on 3 core attributes of the market: Queensland dispatch prices; NEM-Wide Instantaneous Reserve Plant Margin; and the concept of “Economic Islands”.
At 23:05 on Saturday 9th March AEMO advised that the Millmerran power station units 1 and 2 tripped simultaneously at 22:07 (58 minutes prior) – for reasons still unknown.
Autumn 2017 continues the very rocky experience that’s become “new normal” for the National Electricity Market – with warnings of load shedding for Victoria and South Australia this week and next
PS – it’s been highlighted to me that the outage at Yallourn comes coincident with Industrial Relations action onsite, and with a fire that is under investigation at present.
PS – it’s been highlighted to me that the outage at Yallourn comes coincident with Industrial Relations action onsite, and with a fire that is under investigation at present.
Here’s some further news at the ABC, and in the Australian.
If you know more, please do add this in comments below (or let us know offline).