Catching up on a few tasks overhanging the holiday weeks, we noted how the spot price in South Australia dropped below zero (and almost did the same in Victoria) on an Anzac Day with low demand coinciding with high wind production levels.
Above, for future reference, is a snapshot of the incident in NEM-Watch v9.
Note (highlighted) the significant drop in demand in the Victorian region which contributed to the drop in prices in both regions.
Paul was one of the founders of Global-Roam in February 2000. He is currently the CEO of the company and the principal author of WattClarity. Writing for WattClarity has become a natural extension of his work in understanding the electricity market, enabling him to lead the team in developing better software for clients.
Before co-founding the company, Paul worked as a Mechanical Engineer for the Queensland Electricity Commission in the early 1990s. He also gained international experience in Japan, the United States, Canada, the UK, and Argentina as part of his ES Cornwall Memorial Scholarship.
Prompted by what I’d seen in the (daily) periodic cycling of aggregate wind production recently, I took more of a look at what’s been apparent over time.
An updated longer-range trend of monthly aggregate wind statistics (MAX, AVE and MIN per month) to 31st May 2022 … incorporating the new all-time record.
It’s 1st April 2022, and I have not checked these stats in NEMreview v7 for a while, so I thought I would have a quick look at how a number of the key stats are trending: Quick notes about statistics:…
An article today providing links to the ‘Renewable Integration Study’ which the AEMO released today, and also to the headline media coverage I have seen on my quick scan this morning.
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