Altus Energy Solutions helps energy intensive enterprises to significantly reduce energy costs and risks by matching operational needs to the large range of energy supply options that exist in any market. Altus Energy develops very different strategies to the solutions offered by retailers who take a vanilla approach to their bundled energy supply offers.
Those retailers are never able to fully understand customer idiosyncrasies and must protect their margins with built in risk premiums.
Last Thursday (31st Aug 2023) the AEMO published the ESOO 2023, including forecasts of some possibility of unserved energy in Victoria and South Australia this coming summer 2023-24 (above the Interim Reliability Measure). Guest author Allan O’Neil takes a look.
An unexpected network outage in the south-east of South Australia restricts supplies from Victoria at a time of low wind supply in South Australia and results in the dispatch price spiking to $14,200/MWh from 11:30 and oscillating for the afternoon
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).
All good Mike, as long as you can swim.
Floaties ain’t gonna help ya in this pool.
Ha, thanks Peter.
That’s why I’ve built an ark and grown a beard to save a select few from the flood.