Pricing fireworks in South Australia on New Years Eve ending 2021

Posted by Paul McArdle Sunday, January 2 2022 Topic: Summer 2021-22 in the NEM

Sarah Lawley noted the New Year’s Eve volatility as it was occurring on LinkedIn, and for completeness I’ve added this here as a short note – starting with the run of most of the prices exceeding $1,000/MWh captured in this SMS alert window:

2021-12-31-SMS-EveningPricesSA

Here’s the NEMwatch snapshot from 19:35 (NEM Time) showing the SA 5-minute dispatch/trading price up at $4,093.33/MWh:

2021-12-31-at-19-35-NEMwatch-SA-4093bucks

Nothing more to add at this point, but might refer back to it later…

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About the Author

Paul McArdle
One of three founders of Global-Roam back in 2000, Paul has been CEO of the company since that time. As an author on WattClarity, Paul's focus has been to help make the electricity market more understandable.

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