Michael Williams is the founder and CEO of Altus Energy Strategies.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.
On the 4th of February at around 11am energy users in NSW appear to have curtailed their load in response to high prices, resulting in a significant drop in demand. Simultaneously, network conditions and generator rebidding caused the NSW pool price to jump back and forth between extreme prices close to VOLL ($10,000/MWh) and the Market Floor Price (-$1,000/MWh).
Tom Geiser argues against time-stamped Renewable Energy Certificates – and how the concept could impact trade, accuracy, market signals and other factors.
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