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.
We just witnessed another eventful Q2, with at least four drivers contributing to significant price volatility. This is our annual review of Q2 prices, where we compare these outcomes against the long-term trend.
Took 2-3 times longer than planned (as there were a few different interesting observations that came out) but here is our initial – and perhaps only! – review of what happened in South Australia on Thursday 19th December 2019 (i.e. yesterday).
Guest author, Allan O’Neil, drills into considerable depth to understand, and clearly explain, some of what happened during a volatile period in the VIC and SA regions on Friday 1st March 2019
Looking back at Tuesday 13th April 2021 – a day in which the ex-tropical cyclone Seroja in Western Australia caused some wobbles in rooftop solar PV output in South Australia.
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