A short article this evening with this snapshot from NEMwatch highlighting the 17:45 dispatch interval with spot prices up at $13,200/MWh (up towards the Market Price Cap).
No other comments on this article … something to refer back to later…
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.
AEMO STPASA forecasts for QLD ‘Market Demand’ on Thursday 24th January 2025 is that it might be a new all-time record. Earlier STPASA forecasts suggested it would be above the (prior) all-time record from a year ago.
It was volatile this morning well past that’s become ‘normal’ and the volatility has returned (as I expected it would) this evening. Here’s the snapshot of the 17:20 dispatch interval from one of our NEMwatch v10 dashboards: As highlighted: 1) …
Some worked examples of how several forms of Demand Response (including the proposed new Demand Response Mechanism) might impact wholesale prices, and participant positions.
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