‘NEM merchant pricing–is this the new normal?’ – discussion on Wednesday 15th July 2020

In the prior week invites were sent out by Vestas for some discussions that will prove quite topical, given what we have been seeing recently …. including today.


This will be a form of virtual repeat/update of a (pre-COVID, more traditional in-person) discussion I participated in last year for Vestas.  For those who will be ‘there’ this July, I look forward to being involved.

Some of what we observe, in terms of what’s happening in the rapidly evolving NEM, we will continue to share freely via WattClarity.  Other insights will be collated for the next update on the widely read Generator Report Card.

About the Author

Paul McArdle
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.

2 Comments on "‘NEM merchant pricing–is this the new normal?’ – discussion on Wednesday 15th July 2020"

  1. Any attempt to find a recognisable market, in the common sense of that word, in Australian energy is doomed to fail.

    It is a house of cards, with additional string and sealing wax, assembled to hide rooms full of legalese and BS in equal parts. Am I right?

    • Yes, John. But rather this is yet another lesson (for those willing to learn from it – little sign yet – of how regulatory fiddling (including market-sidestepping subsidies) and trying to pursue conflicting objectives have yielded what we deserve. My late-career interests are in mathematics generally of “complex” systems (cryptically: “where life meets reality”) – this is a really beautiful demonstration.

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