Yo-yo pricing in NSW today, and in QLD


I tweeted this here a little earlier capturing the 16:50 dispatch interval that showed all mainland regions were at negative prices.

Fair enough for VIC and SA (as they are unaffected by this heatwave now, having had their share beforehand), but it’s understandable that people are asking questions about what’s happening in NSW and QLD!

2022-02-01-at-16-54-tweet-PaulMcArdle-StrangePrices

In the 17:05 dispatch interval we see the Queensland price jump right back up to $12,594/MWh as shown in this NEMwatch snapshot here:

2022-02-01-at-17-05-NEMwatch-QLD-12594bucks

This whole day (actually, a couple of days) is going to take some focused analysis …  and remember that we did away with the 5/30 issue with the commencement of Five Minute Settlement on 1st October 2021!

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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