Following James’ comment, and knowing my full schedule for next week means that I (hopefully!) should not get distracted with more analysis, I’ve added this chart from NEM-Review to highlight how reduced exports from Queensland to NSW (because of constraint limitations, due to the outage mentioned) coincided with the price drop in Queensland:
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.
For a second portion of Q2 “elephant eating”, I’ll look in some detail at the dynamics of an early instance of spot price volatility in Queensland, because many drivers turn out to be similar across other volatile intervals in the…
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