Price volatility in the South Australian region on Monday 13th December 2021

Posted by Paul McArdle Monday, December 13 2021 Topic: 2021-12-13, Summer 2020-21 in the NEM

Ironic that we’re compiling the many different components for GenInsights21 today (summary to finish off) for release this week and my phone would continue buzzing with high price alerts in the South Australian region.

Here’s a snapshot of the 13:10 dispatch/trading interval from our NEMwatch entry-level dashboard with the price just over $10,000/MWh:

2021-12-13-at-13-10-NEMwatch-SA-10000bucks

Not the first time the price has been above $300/MWh today, and won’t be the last…

For those who have submitted their pre-orders already, and hence receive access to GenInsights21 this week, read in Part 4 about ‘% in green’ and you will understand why the volatility.

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About the Author

Paul McArdle
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.

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  1. A quick look at the operation of Hornsdale Power Reserve (in ENERGY) for Monday 13th December 2021 - WattClarity

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