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.
Prices in SA have spiked to close to the market cap and remained elevated, following the invocation of the ‘I-VS_250’ constraint set due to extreme weather conditions.
Today we take a look back at the operation of Stanwell unit 1 over the past 3 years … but particularly since its return from a Major Outage in September 2023
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