Volatility continues in QLD and NSW for Wednesday evening, 4th May 2022


Following from yesterday’s volatility, and that on Monday 2nd May, we saw another evening of volatility in both QLD and NSW – as seen in this run of SMS alerts (able to be enabled in ez2view, deSide® and even NEMwatch Platinum Model):

2022-05-04-SMSalerts-PriceSpike-QLDandNSW

The 17:40 dispatch interval highlighted was the first dispatch interval with prices in either region up close to $10,000/MWh – they’d been above $1,000/MWh in QLD a little beforehand.

Here’s a snapshot from NEMwatch of the 18:10 dispatch interval at the end of this list:

2022-05-04-at-18-10-NEMwatch-QLD-1201 bucks

Note that there’s no pink colour for discharge from Wandoan BESS this evening (unlike yesterday) – but there was through the (less lucrative) middle of the day.

This, and other factors, have not been explored any further at this point… maybe another time.

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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