Australian Energy Market #Record: Australian domestic weekly #gasprices have exceeded AUD$30 per GJ for the first time.
Analysis period of 9th to 15th May 2022.
Brisbane STTM: $33.25/GJ
Sydney STTM: $34.88/GJ
Adelaide STTM: $36.06/GJ
Melbourne DWGM: $34.75/GJ (including 12-May 6am price of $55.00/GJ).
Joshua Stabler is the Managing Director at Energy Edge.
He has extensive experience in supply-side market operations for the electricity and gas sectors, and as an advisor and system developer in the Australian energy industry.
Declan Kelly thinks through and discusses competition issues that could arise from the increasing proliferation of auto-bidding software by big batteries in the NEM – and suggests some pre-emptive steps that that could be taken to mitigate potential issues.
The National Electricity Market (NEM) is designed to operate at 50 Hz. Frequency deviation occurs when generation and load are mismatched. It is important in a lightly meshed and long network such as the NEM to maintain tight frequency control and that frequency response is available throughout the network.
Allan O’Neil provides an explainer about how small deviations in supply and demand are managed in the NEM, in order to help us understand the apparent swings in frequency that we noted in QLD last Friday.
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