Bizarre pricing continues outside of the QLD region

Posted by Paul McArdle Sunday, June 12 2022 Topic: 2022 - June - QLD (12th) and NSW, SA and VIC (13th) hit Cumulative Price Cap, Winter 2022 in the NEM

As noted earlier, pricing has been quite strange in the other regions following the imposition of Administered Pricing in the QLD region.

Here’s a snapshot of the 22:40 dispatch interval in NEMwatch highlighting the history of these outcomes:

2022-06-12-at-22-40-NEMwatch-screenshot

Note the dispatch price up above $10,000/MWh in NSW, VIC and SA … and above $1,000/MWh in TAS.

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About the Author

Paul McArdle
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.

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