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).
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.
Guest author Carl Daley from EnergyByte provides this summary of record-setting spot price outcomes throughout April. Carl also looks at how generator outages, rising global LNG and thermal coal prices, and other factors are putting pressure on spot prices.
When markets operate normally, a sharp rise in the price of any commodity triggers a boom in exploration, development and new supply. But this is not seeming to happen in response to high domestic gas prices. In this article, guest author (Graeme Bethune) examines why.
Comments by the Brett Redman (CEO of AGL Energy) about the poor performance of Liddell Power Station, as reported in the media, prompted me to open up the Generator Statistical Digest 2019 to have a quick look.
Leave a comment