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 (early afternoon) look at the progression of Cumulative Price in NSW, almost 7 days after the evening volatility on Tuesday 7th May 2024 started the climb to the Cumulative Price Threshold.
Today (Fri 31 January 2020) saw NEM-wide demand reach levels never seen before (excepting 29th January 2009). This was just the start of the white knuckle ride.
With AEMO forecasting LOR3 (i.e. load shedding) in NSW for periods of time on Monday 16th December 2024, in this WattClarity article we take a first look. More to come *as time permits* (and as situations change, etc…).
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