Spot price volatility continues into Monday 14th June 2021


A single snapshot of the 17:10 dispatch interval this evening via NEMwatch v10 showing the NSW spot price up at $14,434.56/MWh and QLD following closely behind ($13,498.72/MWh):

2021-06-14-at-17-10-NEMwatch-spike-NSWandQLD

 

I’ve highlighted two things on the fuel mix image for NSW:

1)  A drop in production across all coal plant in NSW of just under 400MW over the half hour or so preceding the spike.  I did not look at all of the units, but did see that output at each of the 4 x Eraring units was reduced over this period, for unknown reasons.

2)  We also see aggregate wind production is quite low (well under 100MW over the past couple of hours).

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.

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