Guest author, Allan O’Neil, contributed this ‘Down 55% – but not out’ article that covered a number of different aspects of what went on on this eventful evening … both top-down and bottom-up.
Part 5
Friday 19th March 2021
AEMO published their preliminary report.
Part 6
(more to come?)
Perhaps there will be more, as there are still a few questions we are puzzled about….
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.
Spot prices in South Australia have been seen to be higher in the month of April than in the prior months, which is somewhat counter-intuitive. Prices also spiked this evening on a number of occasions above $500/MWh – here’s some of the reasons why.
I see a seismic shift is underway-
https://www.msn.com/en-au/news/australia/seismic-shift-underway-of-electricity-grid/ar-BB1eUQK3