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 brief but unexpected spike to the market cap in NSW in middle of today has prompted a closer look at the rapid demand jump, counter-price flows and binding constraints that shaped the outcome.
Things are not currently* looking rosy for the NSW region early next week … so it’s no surprise to see AEMO asking (on Wednesday morning 20th Nov 2024) for generator recall information.
High temperatures passing through NSW provided the opportunity for the Colongra gas-fired power station to shake off the cobwebs and have a run for the day.
Not long after speaking with a client about forecast evening volatility in NSW for Wednesday 15th January 2025, we see price spikes beginning at 14:00 in the afternoon. So we take a first look….
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