Friday (10th June) morning volatility in QLD and NSW

A short note this morning to record some volatility …

It’s become so frequent (and these articles so frequent) that I wonder if some readers at WattClarity® would mistakenly assume no volatility occurred if we published nothing (if a tree falls…)?

Here’s the run of SMS alerts with prices above $1,000/MWh:


At least, on the upside (if there is one) no super-extreme prices up at or above $10,000/MWh this time.

For context, here’s a NEMwatch snapshot at 07:35 … i.e. when the prices had subsided below $1,000/MWh, back to the (still very elevated) ‘almost all of the time’ pricing levels:


In the 12-hour price trend chart at the top, we can see not only:

1)  The spell of prices >$1,000/MWh in QLD and NSW; but also

2)  An overnight spell during which:

(a)  TAS dropped below $100/MWh on occasions; and

(b)  VIC and SA dropped near $0/MWh and below.

About the Author

Paul McArdle
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.

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