With everything else going on at the time I missed (on 27th Sept 2021) the AEMO’s publication of this 21-page Final Report on what happened at the start of the year on 24th January 2021:
Related to this incident, I had already posted Part 1, (I seem to have missed Part 2), Part 3, Part 4 and Part 5 of my own progressive review and learning exercise.
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.
Guest author, Allan O’Neil, provides us an update today on what we can see about summer 2019-20 (in the physical market, and the financial market), now that it is only just around the corner.
It’s Tuesday 21st May 2024 and the AEMO has published an update to the 2023 ESOO … about 8 months since the publication of the prior release, and 4 months before the 2024 ESOO. Some implications for the anticipated closure of Eraring?
It’s taken a while to find the time – but today I’m posting this next analytical piece (Part 3) that seeks to understand what happened on Sunday 24th January 2021 with the NEM-wide SCADA Failure, which contributed to the price spike that occurred in QLD by virtue of what it did to the ‘Q>>NIL_CLWU_RGLC’ constraint equation.
Despite it being overtaken by today’s Market Suspension, with its own compensation arrangements – still might be useful for readers to be aware of these two sources of discussion about the two different sources of compensation that seemed to be at play for a few days under Administered Price Caps (APC) following Cumulative Price Threshold (CPT) being reached.
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