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.
With the release of the Generator Statistical Digest 2020, Marcelle Gannon takes a look at how it can be useful for identifying and exploring different patterns of generation.
A quick look at monthly stats shows that, whilst it’s been blowing a gale in SE Australia in recent days, it’s not yet set a new ‘peak instantaneous wind farm output’ record.
Some thoughts about the possible uplift to Infigen Energy revenues, stemming from higher forward contract prices in the South Australian region of the NEM
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