I’ve included this as a separate article to make clear it does not relate to these cases of yo-yo Available Generation … but I did happen to notice it when flipping through bids in relation to Instance 03:
Interesting choice of rebid with the market under Administered Pricing in the QLD region … shifting 243MW from –$1000 to the $15,100Market Price Cap in the 22:50 dispatch interval.
Will need to think about the reasoning for this…or perhaps someone with more time can fill us all in?
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.
Five thought-provoking questions about what really happened in Queensland over summer 2013 – and the supplementary question about what it all means for the future.
Five days after Tuesday 13th February 2024 we have a bit of time to take this initial (top-down) look at bidding for ENERGY in the Victorian region on that day … with 27 Questions/Observations identified!
Some initial analysis looking into the question of whether the increased penetration of solar PV is increasing the variability of scheduled demand to the point that generators can exert more pressure on spot prices.
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