No time for commentary on this article today, but worth a snapshot from NEMwatch at the 12:00 dispatch/trading interval showing some price volatility in QLD and NSW in the middle of the day:
Might come back to this later with a ‘Part 2’ … but more focused on GenInsights21 at present, along with other things.
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.
A short note about this evening’s price volatility in QLD and NSW with tight supply-demand balance caused by import limitations (amongst other things).
Capping off a weekend of new low points for minimum demand in NSW, and NEM-wide (and some near misses elsewhere) this table sums up where the low points sit.
We just witnessed another eventful Q2, with at least four drivers contributing to significant price volatility. This is our annual review of Q2 prices, where we compare these outcomes against the long-term trend.
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