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).
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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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