This is a category of articles that have been accumulating on WattClarity for some time, aimed at helping to tame Villain #4, which is what we see as a growing deficit in Energy Literacy/Numeracy required to effectively deal with the growing challenges of this energy transition.
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time.
As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.
A year after I first spoke about “Villains” playing a role in the train wreck of our energy transition, I’ve finally found some time to post about Villain #4.
Guest author Allan O’Neil provides this handy explainer on how generators’ contract positions affect their bidding decisions and can make negative spot prices pay off, at least in the short term. Very useful for those readers not actively involved in wholesale trading in helping to understand why some conspiracy theories might not match reality.
A question on Twitter from Benny Beatts (about dispatch of Origin’s Eraring unit 2 on Monday 30th May) illustrates why price setting is not as simple as adding up bids that are dispatched.
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