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.
Looks like AEMO will be announcing a new ‘lowest point’ for Operational Demand in NSW later, given what has happened on Monday 4th October 2021 (Labour Day holiday).
More time has elapsed since ‘Part 3’ on 24th March – today I’m posting a shorter piece (Part 4) that explains how RHS of the ‘Q>>NIL_CLWU_RGLC’ constraint equation drove down output and led to the price spike on Sunday 24th January 2021.
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