Consistently elevated prices as a segue into EUAA National Conference this week

Posted by Paul McArdleMonday 9th May 2022  1:17 PM   Topic: Autumn 2022 in the NEM, EUAA Conference

Worth including this snapshot from ez2view of the 13:05 dispatch interval highlighting electricity spot prices elevated across all regions of the NEM for a number of reasons (including coal (and other) unit outages, and the high spot gas prices shown):

2022-05-09-at-13-05-ez2view-ElevatedPrices

The 13:05 dispatch interval was randomly chosen today – but looks similar to a large number of other dispatch interval that’s been occurring in recent weeks (it will be interesting to look at the details when I run the update on this annual analysis of Q2 prices at the end of this Q2 2022).

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This week the Energy Users Association of Australia (EUAA) is holding its National Conference 2022 in Melbourne – it will feel a bit strange, being at the first in-person EUAA event since 2019, but the topic for conversation is sure to include discussion about these patterns as a hurdle on the road to the energy transition.

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About the Author

Paul McArdle
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.

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