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):
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).
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.
Using an in-development (but soon to be released) widget in ez2view we take a look at forecast availability for coal units in NSW, VIC and QLD for the critical, and normally volatile, Q1 period 2021.
Yesterday (Wed 18th Oct 2023) Origin Energy held its Annual General Meeting, with discussion wide-ranging. Here’s two things that jumped out to me about the Eraring Power Station, which is currently slated to close in 2025.
Following a reminder in a phone call today, I’ve updated the date range in a NEMreview trend previously used in February to look at percentage of Underlying Demand in NSW supplied for each half hour over the 5 day period Monday 6th May 2024 to Friday 10th May 2024 (which includes 3 volatile periods leading to Administered Pricing).
On Tuesday 26th August 2025 the VP5 unit came offline, with rebid reasons suggesting that ‘turbine vibrations’ were a factor. We take a look ~10 days later.
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